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SMS group now sole owner of Paul Wurth Published 21st April, 2021 by Matthew Moggridge German plant builder SMS group has acquired the remaining 40.8% of Paul Wurth SA and has become the sole owner of Paul Wurth's plant engineering business. The 40.8% of shares were owned by the Luxembourg state and state-owned banking organisations, but now the German plant builder is in charge. The Luxembourg site will now be expanded to become the R&D centre for decarbonisation and recycling within the SMS group, with both companies (SMS and Paul Wurth) pooling their R&D activities with the aim of setting...

Severstal delivers large diameter pipes to Peru Published 16th March, 2021 by Matthew Moggridge Severstal has delivered large diameter pipe to Peru. PAO Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, has delivered an order of large-diameter pipes (LDP) to Peru, in the company’s first ever shipment to South America. The products were produced at Severstal’s Izhora Pipe Plant, located in St. Petersburg, Russia. Pipes were manufactured in line with the API 5L PSL 1 steel production standard, grade X52, diameter 762 mm, thickness 9,53 mm....

Basque Hydrogen Corridor: Sarralle signs MOU Published 24th February, 2021 by Matthew Moggridge The Petronor, its Basque subsidiary, presented its strategy for the development of the Basque Hydrogen Corridor (BH 2C). The presentation took place at the Euskalduna Palace in Bilbao, Spain. According to the company, BH 2C's development is unlike other similar projects and aims to be comprehensive, incorporating the entire value chain. The energy proposal is a collaboration of all the industrial sectors of the Basque Country and its implementation was made official with the signing of 78 public a...

“Big Market Research” in terms of all parameters such as applications, types, products and many other. Each and every data leading to growth or fall of the respective segments have been explained. Entire supply chain with respect to Gas Distributed Control Systems (DCS) Market is studied in depth and is conveyed in the most comprehensive way possible. Driving forces, restraints and opportunities are given to help give a better picture of this market investment for the forecast period of 2021 to 2027. The Gas Distributed Control Systems (DCS) Market report is a compilation of first-hand i...

Message to President-elect Joe Biden: Keep steel tariffs in place Published 13th January, 2021 by Matthew Moggridge President-elect Joe Biden: Will he preserve Trump's steel tariffs? Four of the leading US-based domestic steel industry associations and the United Steelworkers union have urged President-elect Joe Biden to ensure steel tariffs and quotas, put in place in 2018 to protect national security, are preserved. In a letter to the president-elect, the American Iron and Steel Institute (AISI), Steel Manufacturers Association (SMA), the United Steelworkers union (USW), The Committee on Pi...