Tag: stainless steel

Chevron’s six newest liquefied natural gas (LNG) carriers feature stainless steel containment tanks specially designed to reduce boiloff during transport. As global exports of natural gas continue to rise at a record-setting pace, the enhanced efficiency of Chevron’s new vessels will help the company remain competitive in an increasingly crowded market.

The global market for precision stainless steel (also known as thin strip) is expected to expand 1.5x in terms of market volume by the end of 2029. East Asia currently accounts for over 50% of consumption and this is expected to grow.

Stalatube Oy of Lahti, Finland, has invested a total of EUR 20M in the past two years, of which EUR 7M has been invested in a production facility in Poland.

UK-based S&N Stainless is a stockholder and supplier of a whole range of stainless steel items.

NIPPON STEEL Stainless Steel Corporation, the largest stainless steel producer in Japan, has established the brand new trademark of NSSTS for its distinctive lineup of steel grades.The company plans to integrate and consolidate the existing trademarks and steel grades made by the former three companies into NSSTS accordingly.

In July 2019, Sandvik will open a state-of-the-art coiled tubing line for premium grades of seamless stainless-steel products in smaller dimensions at its Zhenjiang tube mill near Shanghai, China.

During a recent seminar, the Indian Stainless Steel Development Association (ISSDA) endorsed stainless steel as the ideal material for infrastructure projects within India, citing the success of stainless steel in several transit hubs around the world.

In October 2018 Members of the European Parliament (MEP) voted to ban single-use plastic items such as plates, cutlery, straws, balloon sticks and cotton buds, which make up 70% of marine litter. The move creates many opportunities for the stainless steel industry.

Stalatube’s new best-in-class production facility manufacturing stainless steel tubes in special dimensions and further processed stainless steel products is moving into the ramp-up phase.

Gpi recently had the honour of supplying two large stainless steel water tanks for a very unusual project. The tanks will be used at a dive training school in the Netherlands. The Dutch tank fabricator shared some insights into this challenging project.