Projects

This section provides the latest news updates on a variety of world-wide tenders, projects, expansions contracts and acquisitions for stainless steel and related products.

Natural gas-fired power plant in NY approved

The New York State Public Service Commission has approved a proposed 1,000 megawatt (MW) electric generating facility in Dutchess County, NY, which will provide more cost-effective electricity with lower emissions than many existing plants and improve power reliability throughout the downstate region.

Jacobs wins contract for refinery expansion

Jacobs Engineering Group Inc. has been awarded a contract from Saudi Aramco Lubricating Oil Refining Co. (Luberef) to provide project management consulting (PMC) services for an expansion project at its lube oil refinery in Yanbu, Saudi Arabia.

Wood Group awarded contract for platform

Wood Group Mustang has been awarded the topsides detailed engineering and design of an offshore oil & gas production facility that will be operated by Det norske. The facility will be located in the Ivar Aasen field in the North Sea Norwegian Sector.

New biotech facility to be built in Georgia

Fluor Corporation is currently performing early construction management services for Baxter International Inc.’s new biotechnology facility near Covington, Georgia. Mass excavation and earth works are underway at the project site.

Vale to reduce stake in CSP project

Brazilian mining giant Vale plans to reduce its 50 per cent stake in the Companhia Siderúrgica do Pecém (CSP) steel plant project, currently being built in northeastern Ceará state. "We are excited about this mill because of the growing demand for steel in the northeast of Brazil," said CFO, Luciano Siani.

Carbon steel prices increase in BRIC Countries

BRIC Countries’ average transaction prices have increased for all eight carbon steel product forms. The outlook for the Brazilian steel market was unchanged during January. The business environment is forecast to remain stable in 2013, despite on-going problems of overcapacity and volatile raw materials costs.

Colorado Plant is First of Its Kind in the US

newsitemBechtel’s Bechtel Pueblo Team (BPT) has completed construction of the Pueblo Chemical Agent-Destruction Pilot Plant (PCAPP).

Jacobs to provide EPCM for Boron Expansion Project

Jacobs Engineering Group Inc. has been awarded a contract from Rio Tinto Minerals (RTM) to provide engineering, procurement and construction management (EPCM) services for its plant expansion project in Boron, Calif.

Subsea 7 wins $140M contract offshore Mexico

newsitemSubsea 7 S.A. has announced an award to its Mexican joint venture from Pemex. The contract, valued at approximately $140 million, comprises the engineering, fabrication and installation of a 16km pipe, two slug catchers and two cantilever structures for the Line 60 Project in the Bay of Campeche.

UsiminasMecânica delivers Rnest’s oil tanks

UsiminasMecânica has delivered three crude oil storage Tanks to Petrobras’ Abreu Lima Refinery (Rnest) in Pernambuco, Brazil. On top of delivering the equipment, the company erected the tank at the refinery in a consortium with Techint and Confab Equipamentos.