Stainless Steel World Asia 2022

Company News

In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community.

Oryx recycling activities improve Thailand environment

Netherlands-based metals recycling company Oryx Stainless, which also has operations in Thailand, says a study it commissioned shows that increased recycling of stainless steel...

ExxonMobil and Shell work on Singapore CCS project

The S-Hub consortium, comprising ExxonMobil Asia Pacific and Shell Singapore, has been selected to work with the Government as lead developers for a cross-border carbon capture and storage (CCS) project.

The DevH2forEAF project achieves significant milestone

SMS group is proud to announce that the project “Developing and Enabling H2 Burner Utilization to Produce Liquid Steel in Electric Arc Furnaces (DevH2forEAF), coordinated by RINA, has achieved a significant milestone towards sustainable steel production.

Formosa to invest in Fujian Fuxin Special Steel

Taiwan’s Formosa Plastics Corp. has announced to invest about USD 530M in Fujian Fuxin Special Steel Co., Ltd. to improve the company’s financial structure.

CIP signs MoU with Petrovietnam

Danish renewables investor Copenhagen Infrastructure Partners (CIP) has signed a memorandum of understanding (MoU) with Vietnam’s state-owned oil company Petrovietnam.

Huadian Group, Minh Quang plan green hydrogen project

A joint venture between Chinese state-owned power giant Huadian Group and local electricity producer Minh Quang has revealed plans to build the largest green hydrogen project in Vietnam — a USD 2.4bn plant powered by 1.2GW of wind power and 800MW of solar.

PETRONAS signs two DRO clusters PSC

PETRONAS, through Malaysia Petroleum Management (MPM), has signed Production Sharing Contracts (PSC) for two Discovered Resource Opportunities (DRO) clusters, situated off the coast of...

Hyundai E&C selected for Bulgarian nuclear plant project

South Korea-based construction company Hyundai Engineering & Construction (Hyundai E&C) has been selected as the preferred bidder for a major nuclear power plant project...

Vard to build hybrid SOV for Singapore company

Vard has signed a contract for the design and construction of a hybrid power service operation vessel (SOV) for Singapore-headquartered Cyan Renewables. The 85.5-metre-long vessel...

Primetals Technologies to supply reversing cold mill

Primetals Technologies was recently selected by Chinese steel producer Anshan Iron and Steel Group to supply a reversing cold mill for its steel plant...