News archive

Acerinox to acquire VDM Metals Holding GmbH

Acerinox to acquire VDM Metals Holding GmbH

Acerinox, S.A., a global stainless steel manufacturer with headquarters in Spain, has reached an agreement for the acquisition from Lindsay Goldberg Vogel GmbH and Falcon Metals BV. of VDM Metals Holding...
15 November 2019
SBM awards contracts for ExxonMobil’s FPSO in Guyana

SBM awards contracts for ExxonMobil’s FPSO in Guyana

SBM Offshore announced that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded the Company contracts to perform Front End Engineering and Design (FEED) for a Floating...
14 November 2019
Outokumpu completes a major investment in Fagersta mill

Outokumpu completes a major investment in Fagersta mill

Outokumpu has completed a major modernization investment in its Fagersta Stainless mill in Sweden. The investment of € 8M enables Fagersta to expand its product portfolio into new high value-added special...
14 November 2019
Karl joins Tata Steel as Chief Commercial Officer

Karl joins Tata Steel as Chief Commercial Officer

Karl Haider recently takes up the role of Chief Commercial Officer for Tata Steel in Europe to further strengthen the company’s focus on customers. Karl joined Tata Steel in Europe in 2011 as Director...
14 November 2019
Scott Yarrow joins Nickel Institute as Chairperson

Scott Yarrow joins Nickel Institute as Chairperson

The Board of Directors of the Nickel Institute has recently elected Scott Yarrow, Vice President, Sustainability Nickel, Glencore International AG, as Chairperson. His appointment is for a one-year term,...
12 November 2019

Outokumpu Q3 interim statement update

Outokumpu Q3 interim statement: Outokumpu’s sales decreased to € 1,590M (€ 1,733M) and adjusted EBITDA to € 45M (€ 128M). Profitability decreased significantly primarily due to 8% lower stainless steel...
12 November 2019

Dmitry joins NLMK Group as VP for Investment Projects

NLMK Group, a global steel company, announced the appointment of Dmitry Sotnikov as NLMK Group Vice President for Investment Projects. Prior to joining NLMK Group, Dmitry Sotnikov headed a development...
12 November 2019
MODEC signs a contract with ConocoPhillips

MODEC signs a contract with ConocoPhillips

MODEC, Inc. (MODEC) announced that it has signed a contract with ConocoPhillips Australia Barossa Pty Ltd to supply a Floating Production Storage and Offloading (FPSO) vessel for the Barossa field, offshore...
11 November 2019

TKF Certification Standards achieved using Titanium

Australian digital manufacturing solutions company, Titomic (TTT) advised of the outstanding test results which have been achieved from the USD2.6M co-funded IMCRC, CSIRO & RMIT Research Project, designed...
11 November 2019
BUMAX secures an order for Belgian offshore wind farm

BUMAX secures an order for Belgian offshore wind farm

Swedish manufacturer of premium stainless steel fasteners, BUMAX has received a large order for corrosion resistant and maintenance free studs to be used for a wind farm off the Belgian coast. BUMAX won...
11 November 2019