Company News

DCP Midstream has reached an agreement to acquire the Seaway Products Pipeline Company from ConocoPhillips and create new natural gas liquids transportation capacity from the Midcontinent to the Texas Gulf Coast markets.

PBF Energy Company LLC has elected Dennis Houston to its Board of Directors. Houston will also serve on the Board of Directors of PBF's subsidiary, PBF Holding Company LLC. He brings with him, 40 years of experience in the oil and gas industry

LyondellBasell has appointed Tim Roberts as the new Senior Vice President of Olefins and Polyolefins for the Americas region. He will be based in Houston. Roberts brings a broad knowledge of the global chemical industry to the table.

ArcelorMittal could invest USD 1 billion in a new steel rolling mill in Brazil to supply the country's growing flat steel products market. The project would add 3 million metric tons of hot rolling capacity per year at ArcelorMittal's Tubarao works

MATCOR, Inc. has appointed Chris Sheldon as the new Director of Engineering. Sheldon brings more than 25 years of engineering experience in the electric and gas utility sector to the company and will report directly to President & CEO, Jeff Stello.

Pacific Rubiales Energy Corp. has partnered with EXMAR to develop a LNG export project in northern Colombia. EXMAR is a Belgian-based diversified shipping group serving the international oil and gas industry.

McJunkin Red Man Corporation (MRC) has signed an agreement to acquire Stainless Pipe and Fittings Australia Pty Ltd (SPF). This brings MRC one step closer to realizing the company’s strategic vision to be the world’s leading pipe, valve and fitting (PVF) distribution company for the energy and industrial markets.

The Board of Royal Dutch Shell plc (Shell) has made the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia; the company will build the world's first FLNG facility. Moored some 200km from the closest land in Australia, the FLNG facility will produce gas from offshore fields

Sandvik’s wire production facility in Sandviken, Sweden has begun its first production runs after a major fire attacked the facility. The fire took place on 14 April and continued on into 15 April 2011, destroying equipment and damaging parts. The pickling plant within the wire production facility was completely destroyed and some of the wire drawing machines were damaged. No one was injured.  After a complete assessment of the damage, work began immediately on decontaminating, cleaning, repairing and, where applicable, replacing the plant.

Diversified Ulbrich of Canada has launched its new website, www.DiversifiedUlbrich.ca, as part of a continued expansion plan. Widely known in Canada for an extensive inventory of stainless products, the company is also showcasing a new aluminum sheet product line. The new site was created for new and existing clients desiring an online source of information regarding Diversified’s products and services. The site includes tools, quality form downloads, an RFQ submission page and an online quality survey.