News archive

Kloeckner’s Bill Partalis steps down

In December 2017, Bill Partalis stepped down after serving for 15 years as CEO of Kloeckner Metals Corporation. He has served the company for 34 years and has directed the company through many changes...
09 January 2018
Mechel buys new mining machinery

Mechel buys new mining machinery

Mechel Group’s mining division facilities have signed several agreements with State Transport Leasing Company for financing supplies of 18 BelAZ trucks with a total of Rub 2.8B. The financing term is five years....
08 January 2018
SMS group bags a significant order

SMS group bags a significant order

PJSC ArcelorMittal Kryvyi Rih, Ukraine, has awarded SMS group the contract to supply two secondary metallurgy plants and two six-strand continuous billet casters (Nos. 2 and 3). The new plants will be...
08 January 2018
Samsung Engineering’s USD 700M order

Samsung Engineering’s USD 700M order

Samsung Engineering has received a contract from SABIC’s manufacturing affiliate, Jubail United Petrochemical Company (United), for a USD 700M USD ethylene oxide–ethylene glycol (EO/EG) plant in Saudi...
08 January 2018

Sunpower bags a RMB 41.5M contract

Sunpower Group Ltd. (Sunpower) has announced that its wholly-owned subsidiary, Jiangsu Sunpower Technology Co., Ltd. (Sunpower Technology) has signed an EPC contract worth RMB 41.5M with Xinjiang GCL New...
08 January 2018
Repsol begins gas production in Peru

Repsol begins gas production in Peru

Repsol has begun gas production from the Sagari field, located in block 57 in the Cusco region of Peru, reinforcing the company´s gas output drive in its reserves development strategy.The start of production...
05 January 2018
NioCorp applauds executive order

NioCorp applauds executive order

NioCorp Developments Ltd. (NioCorp) has applauded the leadership of the White House in issuing an Executive Order aimed at accelerating U.S. production of critical minerals upon which the U.S. is largely...
05 January 2018
Wison delivers FSRU to Exmar

Wison delivers FSRU to Exmar

Wison Offshore & Marine (Wison) has completed final delivery of the world’s first barge-based floating LNG storage and re-gasification unit (FSRU) to Belgian company Exmar. The recipient company has...
05 January 2018
Ovako, FNsteel sign supply agreement

Ovako, FNsteel sign supply agreement

Ovako and FNsteel has signed a new supply agreement to continue the successful cooperation from 2017. Under the new contract, Ovako will supply 15,000 metric tons to FNsteel during 2018 as well. Moreover,...
04 January 2018
BASF announces succession

BASF announces succession

Effective at the end of the Annual Shareholders’ Meeting on May 4, 2018, Dr. Martin Brudermüller, currently vice chairman of the Board of Executive Directors, will become Chairman of the Board of Executive...
04 January 2018