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.

LE acquires Mezhgosmetiz-Mtsensk

Lincoln Electric Holdings Inc. (Lincoln) acquired privately owned welding wire manufacturer, Mezhgosmetiz-Mtsensk.

ATC names new VP

American Transmission Co. named John Flynn vice president of Business Development, effective 15 November 2010.

Buckeye buys terminal

Buckeye Partners, L.P. signed an agreement with Royal Dutch Shell plc to acquire a refined petroleum products terminal on the southeast coast of Puerto Rico.

ArcelorMittal saves energy

ArcelorMittal received a grant from the US Department of Energy to fund their energy efficiency project at the Indiana Harbor steel mill.

Centaurus successful in Jambreiro

Centaurus Metals discovered a 77Mt resource for the company’s Jambreiro iron ore project in Minas Gerais, Brazil.

China to mine in Brazil

An increasing number of Chinese firms are looking to build their own mining operations in Brazil. Up until recently, Chinese firms had only been involved in JVs and partnerships with local companies.

GE supplies Peru NGL plant

GE Oil & Gas received a USD 32 million contract from PlusPetrol Peru Corporation S.A. to supply compression and reinjection upgrade equipment for the Malvinas Natural Gas Liquid (NGL) processing plant.

Foster Wheeler appoints Interim CEO

Foster Wheeler AG has appointed Umberto della Sala as Interim Chief Executive Officer, effective 22 October.

LNG project for Excelerate

Excelerate Energy L.P. signed a term sheet with Argentina's ENARSA S.A. and YPF S.A. to construct a second liquefied natural gas (LNG) importation facility in Escobar, north of Buenos Aires.

Wärtsilä wins O&M Contracts

Wärtsila was awarded three operations and maintenance (O&M) contracts for power plants in Brazil.