Tag: Venezuela
SMS supports large-scale project in Venezuela
SMS Siemag, Germany, has been awarded an order for the supply of plants for the second construction stage of the new integrated steel making and processing complex of Siderúrgica Nacional (SN) in Venezuela.
BP Venezuelan interests
BP is selling its upstream businesses and associated interests in Venezuela and Vietnam to TNK-BP for USD 1.8 billion in a cash only deal.
Venezuela to control Matesi
Tenaris SA has announced that Venezuela, acting through the transition committee appointed by the Venezuelan Ministry of Basic Industries and Mining, has unilaterally assumed exclusive operational control over the assets of Matesi Materiales Siderúrgicos SA (Matesi).
Cuba: ferronickel plant
Cuba will proceed with plans to build a ferronickel plant with its ally Venezuela.
New stainless steel plant
Venezuela and Cuba have signed an agreement to create a joint steelmaking company called Aceros del Alba CA, which will make stainless steel products in Venezuela.
Aceros del ALBA JV
Venezuela and Cuba have confirmed the creation of a JV in the steel industry to produce and distribute stainless and special steel.