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.

Denbury acquires Encore

Denbury Resources Inc. and Encore Acquisition Co. have entered into a definitive merger agreement pursuant to which Denbury will acquire Encore in a transaction valued at USD 4.5 billion, including the assumption of debt and the value of the minority interest in Encore Energy Partners LP.

Jinchuan pulls out of Kwale project

A titanium mining project in Kwale has been hit by a new wave of confusion after a Chinese company opted out of an agreement to take control of the project from a Canadian company.

Shell may drill off the coast of Alaska

Royal Dutch Shell has gained permission from the US Government to drill for oil and gas in the Beaufort Sea off the coast of Alaska.

Stainless cladding facility

NX Infrastructure Inc. has relocated its headquarters from the UK to Jacksonville, Florida, and hopes that production of its rebar will begin in 2010.

AK Steel honours women

In recognition of women who have overcome obstacles to make a difference in the lives of others, the AK Steel Foundation is underwriting the inaugural Steel Magnolia Awards – honouring eight women who reside in the vicinity of the company’s corporate headquarters and plant operations.

Sudbury miners take Vale fight to labour board

Striking workers at a Vale Inco nickel mine in Sudbury have taken their fight against the miner to Ontario's Labour Relations Board.

Greenerd delivers hydraulic presses

Greenerd Press & Machine Co. Inc. has built and delivered hydraulic presses to complete three orders, involving machines ranging in capacity from 330tns to 1000tns. All three machines were designed and built at Greenerd’s Nashua, New Hampshire, plant for different US manufacturers.

Lincoln Electric releases 108 new products

Lincoln Electric has rolled out 108 new products over the past nine months, the most aggressive new product launch in the arc welding industry.

Canadian Arrow updates on nickel projects

Canadian Arrow Mines Ltd has recently completed a USD 1.83 million financing. Over USD 1.5 million is to be expended on resumption of their exploration activities.

Synalloy Corp. sells Blackman Uhler

Synalloy Corp., a producer of stainless steel pipe, fabricator of stainless and carbon steel piping systems, and producer of specialty chemicals, has announced that on 2 October 2009, the company entered into a Asset Purchase Agreement with SantoLubes Manufacturing LLC to sell the specialty chemical business of Blackman Uhler Specialties LLC (BU), along with certain property, plant and equipment held by Synalloy Corp., all located at the Spartanburg, South Carolina, US location.