Invensys Provides Advanced Process Control for Chile-Based Codelco

Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, today announced that it has partnered with Codelco, the world’s largest copper producer, on a corporate-wide development agreement to improve the performance and longevity of Codelco’s processing assets at the smelters areas, increasing... 

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Samarco Mineracao S.A. Implements Meridium for Asset Performance Management Solution

Meridium Inc., the global leader in asset performance management software and consulting solutions, announced that Samarco Mineracao S.A has implemented Meridium software to ensure the stability of its operations and industrial processes with practices that reconcile the best possible availability, with a guarantee of high reliability. Founded in 1977, Samarco is a pioneer in the processing of low-grade... 

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Flowserve Signs Long-Term Strategic Agreement with Oil and Gas Giant Saudi Aramco

Flowserve Corporation, one of the world’s leading providers of flow control products and services for the global infrastructure markets including oil and gas, power, chemical water and general industries, today announced it has signed a 10-year strategic supplier agreement with Saudi Aramco, one of the world’s largest oil producing companies. The supply agreement includes Flowserve’s entire... 

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FMC Technologies Acquires Interest in Roxar ASA

FMC Technologies Inc., acting through its wholly owned subsidiary, FMC Kongsberg Holdings AS, and with the assistance of DnB NOR Markets, has acquired 25,000,000 shares in Roxar ASA, representing 10.26% of Roxar’s outstanding share capital. Roxar is a strategic supplier to FMC Technologies of components for subsea and other applications and this transaction will strengthen the relationship between... 

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National Oilwell Varco and Schlumberger Enter Into Agreement to Form Intelligent Drill Pipe Joint Venture

National Oilwell Varco and Schlumberger announced that they have signed a definitive agreement to create a joint venture that combines their respective and complementary expertise in the manufacturing and technology development of wired drill string telemetry systems. The agreement will enable the companies to accelerate delivery of intelligent drilling solutions to customers through the expanded... 

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American Titanium Works Selects Laurens County for First Titanium Mini-Mill Facility in North America and Greenville County/CU-ICAR for a R&D Tech Center

Gov. Mark Sanford and Thomas Sax, CEO of American Titanium Works (ATW), announced that ATW will build a world-class titanium mini-mill facility in Laurens County, South Carolina. American Titanium Works LLC, headquartered in Chicago, Illinois, will invest an estimated $422 million and plans to employ 320 people at its new facility in Laurens County. Under one roof, uniquely efficient manufacturing... 

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ShengdaTech Announces Delay in Planned Acquisition of Jinan Fertilizer and Closure of Bangsheng Chemical

ShengdaTech Inc. a leading manufacturer of nano precipitated calcium carbonate and a manufacturer of coal-based chemical products in Shandong Province, PRC, today announced the Company will require additional time to close the acquisition of Jinan Fertilizer Co., Ltd., (“Jinan Fertilizer”) and that the chemical facility in Tai’an City was closed as scheduled on October 31, 2008. As... 

LAI Lands Contract for Manufacturing Components Used for Oil Exploration

LAI International, Inc., strategic supplier of precision components and sub-assemblies for original equipment manufacturers has announced it has secured contract awards for manufacturing precision components used for oil and gas exploration. LAI uses advanced processes to manufacture a series of flex couplings, which incorporate an interlocking design in four-feet-long alloy steel pipe, used to steer... 

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,... 

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Technip Awarded Contract for the Expansion of an Ethylene Plant in Russia

Technip has been awarded by Sibur Neftehim (a Sibur Moscow Holding subsidiary) a lumpsum engineering and procurement contract, worth approximately €45 million, to expand an ethylene plant in Kstovo, Russia. Technip’s operating center in Zoetermeer, The Netherlands, will execute the contract, which follows the basic engineering contract already carried out by Technip. It covers detailed engineering,... 

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