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.

Nexans makes USD 275 million AmerCable deal

newsitemNexans SA has agreed to buy AmerCable Holdings Inc. The company plans to complete the USD 275 million acquisition of AmerCable this month to become the leader in cables used by the oil and gas industry.

CenterLine wins Outstanding Supplier Award

newsitemCenterLine Precision Tube Bending, Inc., a metal fabrication company in the greater San Francisco Bay Area, was honored with an Outstanding Supplier Award for its commitment to excellence, exemplary performance and dedication to providing exceptional quality products, delivery and service.

ESAB acquired by Colfax Corporation

By: Ashleigh Ryan     Charter International plc, owner of ESAB, has been acquired by Colfax Corporation.

Plymouth appoints new COO

newsitemDonald Van Pelt, Jr., President and CEO of Plymouth Tube Company, announced that David Barnes has been appointed to the newly created role of Chief Operating Officer (COO).

Streator facility approves new contract

newsitemPlymouth Tube’s Streator facility, a member company of Plymouth Tube Co., and Local 1239, District 8 of the International Association of Machinists and Aerospace Workers (IAM) have mutually approved a new 5 year labor agreement.

Georgia Power to start nuclear units construction

Southern Company subsidiary Georgia Power has received licence approval to start construction on two nuclear units at the Vogtle plant in Georgia, US.

HOVENSA refinery in St. Croix closes

The 500,000 barrels a day (b/d) HOVENSA oil refinery in St Croix, US Virgin Islands will be shut down. One of the 10 largest refineries in the world and the largest in the Caribbean, the plant was a joint venture between the Hess Corporation and Petroleos de Venezuela SA.

Acquisition to drive Caribbean pipeline progress

First Reserve’s Energy Infrastructure Fund has teamed up with Beowulf Energy to acquire a majority stake in the Eastern Caribbean Gas Pipeline Co., which intends to build an approximately 880km subsea pipeline.

AkzoNobel invests in new Suzano pulp mill

newsitemAkzoNobel intends to invest EUR 80 million in the construction of a new pulp Chemical Island facility in Brazil.

Neste Oil, 19th most sustainable company

newsitemFor the sixth year in a row, Neste Oil has been selected for inclusion in the Global 100 list of the world's most sustainable companies.