Technip to Expand Its Subsea Umbilicals Facility in Angola

Technip confirms the expansion of its state-of-the-art Angoflex umbilical* manufacturing plant in Lobito, Angola to meet growing demand for longer length and larger diameter products on the West African market. Established in 2002, Angoflex is a joint venture between Technip and the Angolan national oil company Sonangol. On December 15, Bernard Di Tullio, Technip’s Chief Operating Officer, launched... 

Tag: e mail bernard di tullio, angoflex umbilical, dande spoolbase, subsea underground pipeline installation, scomi

Mechel Attends Metal Expo’ 2008 Annual Exhibition

Mechel OAO, one of the leading Russian mining and metals companies, attended the 14th annual Metal Expo’ 2008 international specialized exhibition held at the Crocus Expo International Exhibition Center in Moscow, Russia on November 11-14, 2008. The Metal Expo’ 2008 exhibition featured the products and achievements of more than 700 companies from 30 countries worldwide in metals and steel... 

Tag: metal steel machinery industry news 2008

Hatch Ltd. Honored with Project Management Institute’s 2008 Project of the Year Award

Hatch Ltd. has been awarded the Project Management Institute (PMI) Project of the Year Award for its expansion of Quebec Iron and Titanium’s (QIT) Upgraded Slag (UGS) plant in Sorel-Tracy, Quebec, Canada. Hatch’s project was selected from a host of successfully completed projects from around the world. This award, presented on 18 October at PMI® Global Congress 2008-North America in Denver,... 

Tag: koniambo

Elray Mining: Asian Demand for Zircon Set for Intense Growth

Elray Resources, Inc., a technically-driven gold and precious metal mineral exploration company that recently entered into a joint venture to develop a zircon sands deposit in Indonesia, is pleased to provide shareholders with the following background information on the global zircon market, which looks set for ongoing growth. Zircon is a highly valuable mineral used in a variety of industrial processes.... 

Tag: pmc lefa

Ameron Reports Solid Earnings Despite Difficult Market Conditions

Ameron International Corporation reported net income of $15.0 million, or $1.63 per diluted share, in the third quarter ended August 31, 2008, compared to $21.1 million, or $2.32 per diluted share, in the third quarter ended August 26, 2007. Sales in the third quarter of 2008 totaled $170.1 million, compared to sales of $165.0 million in the third quarter of 2007. Net income in the third quarter of... 

Tag: pilgrim petroleum

Mechel Announces the Installation of New Equipment at Its Southern Urals Nickel Plant OAO Subsidiary

Mechel OAO, one of the leading Russian mining and metals companies, announces that it has upgraded the machine tool equipment base at its Southern Urals Nickel Plant OAO subsidiary. A new large lathe RT-117-5, valued at approximately RUR6.0 million ($240.0 thousand), has been installed in the Casting and Mechanical Workshop of Southern Urals Nickel Plant OAO. Among other tasks, the universal lathe... 

Tag: allegiance mining

Dutton Associates Announces Investment Opinion: General Steel Holdings Price Target Raised in Update Coverage by Dutton Associates

Dutton Associates updates its coverage of General Steel Holdings with a Speculative Buy rating and a price target of $16.11. The 12-page report by Dutton senior analyst Stanley Ng is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals. General Steel recently announced its financial 2Q results ended June 30. Even though revenue... 

Tag: molly mine euareka nv

Ternium Plans to Invest US$4.2 Billion in New Flat Steel Plant in Mexico

Ternium S.A. announced that it plans to invest a total of US$4.2 billion over the next five years to build a flat steel plant in Mexico aimed at expanding its production capacity. The project’s initial phase involves the design and construction of a state-of-the-art flat-rolled mini mill in the Monterrey area, with a direct reduction unit, two electric arc furnaces, two ladle furnaces, a thin-slab-caster... 

Tag: monterey mexico steel mill

Industry Research and Investment Analysis Report on China’s: Iron Ore Mining Industry for 2008

Research and Markets has announced the addition of the “China Industry Research and Investment Analysis: Iron Ore Mining Industry, 2008” report to their offering. The unprecedented growth seen in China, India and Russia has created strong demand for iron ore. China itself consumes over 50% of the world’s iron ore production. The shortage of iron ore will continue until 2011. With... 

Tag: production of iron ore in china 2009, compare china us iron consumption 2009, iron ore production 2009, india iron ore production 2009, world iron iron ore consumption in 2008

Mechel Announces Launch of an Upgraded Medium-Section Mill at Mechel Targoviste

Mechel OAO, one of the leading Russian mining and metals companies, announces the launch of a medium-section mill at its Mechel Targoviste facility (Targoviste, Romania) following the execution of fundamental renovations. Implementation of this project was performed within the scope of an extensive program for modernization of production at Mechel Targoviste, which has been consistently carried out...