Company News

In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community. If you wish to include your newsrelease on our website Stainless Steel World Americas and email newsletter, please feel free to contact us.

BP award exploration blocks in Uruguay

  

BP has announced the signing of production sharing contracts for three deepwater exploration blocks offshore Uruguay.

New Petrochemical Complex to be constructed in Mex

newsitemFluor Corporation has announced that ICA Fluor is part of a joint venture that was awarded a multi-billion dollar engineering, procurement and construction contract by Braskem Idesa.

Calpine makes 15-year energy deal

newsitemCalpine Corporation has signed an agreement to supply electric generation capacity and power to American Electric Power Service Corporation.

TITAN nearly doubles its facility

newsitemTITAN Metal Fabricators has announced it will move its corporate headquarters and principal manufacturing facility to a new facility nearly twice the size of their current location.

ExxonMobil increasing production in Bakken Oil Sha

newsitemExxonMobil Corporation has announced an agreement that will significantly increase its production acreage in the prolific Bakken oil shale region in North Dakota and Montana. ExxonMobil and XTO Energy have signed an exchange agreement with Denbury Onshore, LLC to acquire 100 per cent of Denbury’s Bakken shale assets, which consist of approximately 196,000 net acres in North Dakota and Montana.

Reliance Steel to acquire GH Metal

newsitemReliance Steel & Aluminum Co. has announced that it has reached an agreement through Feralloy Corporation, its wholly-owned subsidiary, to purchase all of the outstanding capital stock of GH Metal Solutions, Inc.

Boeing wins $1.9B contract for 11 aircraft

newsitemThe U.S. Navy has announced that they have awarded Boeing with a $1.9 billion (USD) contract for 11 P-8A Poseidon aircraft.

Evergreen Pacific Partners teams up with PAC Stain

newsitemEvergreen Pacific Partners announced on September 12 that it has purchased a majority stake in PAC Stainless, LTD.

New President and CEO at Talisman Energy

  Hal Kvisle has been named President and Chief Executive Officer for Talisman Energy. Kvisle is the former President and Chief Executive Officer of TransCanada Corporation and current director of Talisman Energy. Kvisle has more than 35 years of experience in domestic and international oil and gas, midstream and pipeline operations and has created substantial value for shareholders during his tenures at TransCanada Corporation and Fletcher Challenge Energy.

Sumitomo Metals invests in Standard Steel

 Sumitomo Metal Industries, Ltd. has announced that it will make a capital investment in its U.S. subsidiary, Standard Steel, LLC.