News archive

Colombia led globally 7 O&G discoveries in Q2 2019

Colombia led globally 7 O&G discoveries in Q2 2019

GlobalData’s report: ‘Q2 2019 Global Oil and Gas Discoveries Review – Colombia Leads with Highest Number of Discoveries in Quarter’ reveals that Colombia had a total of seven onshore discoveries: five...
23 July 2019
Sandvik acquires 30% stake in Beam IT

Sandvik acquires 30% stake in Beam IT

Sandvik has acquired a 30% stake in privately owned Italian company Beam IT, a service provider of metal Additive Manufacturing (AM) services and advanced end-use components. Beam IT is a trusted supplier...
23 July 2019
AWI acquires single and multi-block drawing machines

AWI acquires single and multi-block drawing machines

Alloy Wire International, which employs 31 people across manufacturing sites in the Black Country and Yorkshire, broke through the £11m barrier in 2018 and immediately pushed the button on the acquisition...
23 July 2019
KMG signs an MOU with Tatneft

KMG signs an MOU with Tatneft

On 10 July, 2019 as part of the intergovernmental agreement on principles of trade, economical, scientific and cultural collaboration a meeting between Chairman of the Management Board, Samruk-Kazyna JSC,...
22 July 2019

INEOS Phenol to build a Cumene unit at Marl, Germany

INEOS Phenol has recently announced that it is to build a world scale, state of the art cumene unit in Marl Germany, to be completed in 2021. The new 750,000-tonne unit will use existing pipeline connections...
22 July 2019

Flanges market is expected to reach $6 billion by 2025

According to a new research report by Global Market Insights, Inc, Flanges Market size will surpass USD 6 billion by 2025. Flanges market share has been witnessing a significant growth rate accredited...
22 July 2019
Sandvik opens coiled tubing line in China

Sandvik opens coiled tubing line in China

In July 2019, Sandvik will open a state-of-the-art coiled tubing line for premium grades of seamless stainless-steel products in smaller dimensions at its Zhenjiang tube mill near Shanghai, China. Its...
22 July 2019
EPCOR receives the construction approval from OEB

EPCOR receives the construction approval from OEB

EPCOR Natural Gas Limited Partnership has now received the leave to construct approval from the Ontario Energy Board (OEB) needed to begin construction on a natural gas distribution system for the Southern...
19 July 2019
Kloeckner UK increases its water jet cutting capacity

Kloeckner UK increases its water jet cutting capacity

Kloeckner Metals UK announces that it has commissioned a second Water Jet machine to accommodate growing customer demand. Investment in the Water Jet Sweden Premium Model NCP 4020 Multi Head Water Jet...
19 July 2019

ISSF releases the figures of stainless steel production

The International Stainless Steel Forum (ISSF) has released figures for the first three months of 2019 showing that stainless steel melt shop production decreased by 2.5% year-on-year to 12.5 M metric tons....
19 July 2019