Adopting Eurocodes helps increase safety, boost efficiency, and reduce costs, according to the world’s largest coatings manufacturer. Speaking at a Parliamentary Seminar on fire safety, Peter Scott, Structural Engineering Manager at ...
Flowserve Corp. announced financial results for the fourth quarter and full year of 2012. In a separate release, the company also announced a 16.7% increase in its quarterly dividend to 42 cents per share, a replenished stock repurchase ...
Tags: Flowserve, shareholder action, Securities and Exchange Commission
Hartwig Michels (49), currently President of BASF’s global competence center Procurement will become President of the Europe regional divi si on as of October 1, 2013. He succeeds Jacques Delmoitiez (59), who will retire effective ...
Tags: Hartwig Michels, BASF, Top Level Changes
Shanxi Province-based Chinese steelmaker Taigang Stainless Steel Co., a subsidiary of Taiyuan Iron and Steel (Group) Co., has announced that it has received three certificates, including API Spec Q1 for petroleum and chemical quality ...
Tags: Stainless Steel, Steel, steelmaker
On March 1, Liaoning Province-based Chinese steelmaker Angang Steel Co. (Ansteel) announced that 5,000 mt of its X80M thick pipeline steel plate have been delivered from Bayuquan port in Liaoning to Tianjin port, marking the completion of ...
Tags: Ansteel, pipeline steel, steelmaker
Daewoo Shipbuilding & Marine Engineering Company Limited (DSME) has selected Intergraph® SmartPlant® Enterprise solutions for operations and maintenance data handover of the INPEX Ichthys LNG Project in Australia. INPEX, operator ...
Tags: Daewoo Shipbuilding, Marine Engineering, Intergraph, SmartPlant
Basque Country, Spain-based seamless stainless steel pipe producer Tubacex has announced its financial results for 2012. Net profit totaled €11.86 million in the given period, up from €3.66 million in the previous year, continuing ...
Tags: seamless stainless steel pipe, stainless steel pipe, steel pipe
Ukrainian pipe producer Khartsyzsk Pipe Works (KhPW), a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, has posted a net profit of about UAH 272.891 million ($32.8 million) for 2012, compared to UAH ...
Tags: pipe producer, pipe, gas tubes
Germany's Wintershall expects to increase its oil and gas output in 2013 mainly as a result of higher volumes from its operations in Russia, Norway and Libya, the company's parent BASF said Tuesday. In its outlook for 2013, BASF said ...
China's oil and gas companies could lift their total overseas equity production to 3 million b/d by 2015, the executive director of the International Energy Agency said Tuesday. "Chinese national oil companies are present everywhere in ...
Tags: oil, gas, overseas equity
UK offshore oil and gas investment has risen to its highest level in 30 years, thanks to changes in the tax regime introduced over the past four years, industry association Oil & Gas UK said Monday. Investment soared to GBP11.4 billion ...
Tags: offshore oil, gas investment, oil
Workers at Dead Sea Works Ltd have stepped up their campaign against the proposed sale of Israel Chemicals to Potash Corp of Saskatchewan, union officials said on Friday. Dead Sea Works committee chairman Armond Lankry said on state ...
Tags: Dead Sea, Israel Chemicals, chemicals
BASF announces fourth quarter and full year 2012 results. Full year 2012: -Sales €78.7 billion (plus 7%) -EBIT before special items €8.9 billion (plus 5%) -Record year in Agricultural Solutions and Oil & Gas; earnings in ...
Tags: BASF, fourth quarter, 2012
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Turkey has reportedly struck a massive oil and gas agreement with Iraq’s Kurdistan ...
Tags: Turkey, Role, Iraqi Unrest
The results of a global survey indicate the majority of independent system integration companies are optimistic about the automation industry’s prospects in 2013. Conducted jointly by J.P. Morgan and the Control System Integrators ...
Tags: Control system, automation industry, independent system