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.

How to get slow movers back on the fast track

Trading is one of the most important elements within the stainless steel industry. It has always been very internationally oriented and people working in the industry have contacts all over the world.

Cartwright elected to Raytheon board

newsitemThe Board of Directors of Raytheon Company has appointed Gen. James E. Cartwright as a director. With the election of Cartwright, the Raytheon Board is now comprised of 10 directors.

Shell Canada to explore offshore Nova Scotia

According to the Canada-Nova Scotia Offshore Petroleum Board, Shell Canada won its call for bids to secure the exploration rights on four parcels of deepwater land off the southwest shore of the province.

First woman to run top five oil company

newsitemMaria das Gracas Foster has become the first woman to run one of the world’s top five oil companies after she was officially named the CEO of Rio de Janeiro-based Petrobas.

POET, Royal DSM announce ethanol venture

POET LLC, the largest U.S. ethanol producer, and Royal DSM, a Netherlands-based company, will invest USD 250 million to commercialize ethanol production from discarded corn cobs and stalks.

Chiefs vote to overturn deal with Enbridge

newsitemA B.C. First Nation group has reversed its support for the Enbridge Northern Gateway pipeline project; the company says it still has the support of close to half the bands along the corridor.

Continental Nickel starts mining in Tanzania

newsitemCanadian mineral explorer Continental Nickel Limited is set to begin mining nickel in southern Tanzania following positive exploration results.

Vermont Yankee allowed to keep generating

newsitemA district court has ruled that Vermont Yankee nuclear power plant may continue to operate beyond the end of its original 40 year licence in March, granting Entergy a long awaited victory over the state of Vermont.

Solar project

newsitemPSEG Solar Source has completed the acquisition of a 25.2MW DC solar project developed by juwi solar Inc. The PSEG Queen Creek Solar Farm is expected to begin construction in January 2012 and be completed in the 3rd quarter of 2012.

Subsea systems contract

newsitemFMC Technologies Inc. has signed an agreement with Anadarko Petroleum Corp. to provide subsea systems and life-of-field services for its Lucius project.