Our dedicated news department gathers news and press releases from around the world to bring our community the latest developments in the stainless steel industry. Here you can find news involving the people and companies involved in the manufacturer, supply and use of corrosion resistant alloys (CRAs).
Topics such as tubes & pipes, cladding, offshore, chemical process industry, welding & fabrication, 13Cr stainless steels, titanium, nickel alloys, pulp & paper and duplex stainless steels are covered as well as interviews with materials specialists, manufacturer and end users alike.
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KBR has acquired Wabi Development Corp. for USD 19.5 million. Wabi, a privately held Ontario, Canada-based general contractor, services the energy, forestry and mining industries.
An interim agreement has been reached between oil company Enbridge and Saskatchewan First Nations groups that will see more aboriginal involvement in a Canadian pipeline project.
Pan Orient Energy Corp., headquartered in Alberta, Canada, is reporting positive results from the Na Sanun East oilfield off Thailand, saying its NSE-B1 appraisal well tested at 2,650bpd.
Select-Arc, Inc., based out of Ohio, US, has introduced two flux cored, martensitic stainless steel electrodes that are designed for welding in the flat and horizontal positions. Select 410 (E410T0-4), which contains 12% chromium, is utilized to weld straight 410 stainless steel and features good corrosion and oxidation resistance up to 1200 degrees F.
On 8 October 2008, Spectra Energy, based in Houston, Texas, US, announced that its wholly-owned subsidiary Spectra Energy Midstream has entered into an agreement with Keyera Facilities Income Fund under which Spectra Energy Midstream has agreed to sell all of its interests in the Nevis and Brazeau River natural gas gathering and processing facilities to Keyera.
Allegheny Technologies Inc. has announced several executive organizational changes. Lynn D Davis, currently Business Unit President of ATI Wah Chang, has been given expanded responsibilities and named to the newly created position of Group President, ATI Primary Metals and Exotic Alloys.
Blackdog Resources Ltd and its private-company partner have begun production at its first horizontal light-oil well in SE Saskatchewan, Canada, producing 100bpd.
Niko Resources Ltd has entered into a deal with the Gujarat based John Energy for a multi-well exploration program in its Cauvery onshore block CY-ONN-2003/1.
Conduit Capital Partners LLC, a private equity investment firm based in New York City, has announced that its subsidiary, Kuntur Transportadora de Gas, S.A.C., has been awarded a 30 year concession contract by the Government of Peru to build a 700mi pipeline that will carry natural gas from the Camisea gas fields to the port of Ilo in southern Peru.