Press Releases
29 May 2025
Somerset International, Inc., a global leader in sustainable mineral recovery partnered with Omnipro Representações Ltda. to expand access to its advanced tailings and dewatering technologies across Brazil’s growing mining sector. Under the alliance, Omnipro will identify new business opportunities, provide on-the-ground market intelligence, and facilitate engagement with key decision-makers in Brazil’s mining industry. Together, the companies aim to accele
Read more...RUSAL, one of the largest global aluminium producer, is expanding its thin gauge foil capacity for food packaging applications. By upgrading the finishing foil mill, SAYANAL foil plant will be able to increase its thin gauge output by 10-12%, whereas Ural Foil plant, for the first time in its history, is starting to embark on this advanced production. The largest foil mill in Russia and the CIS countries, SAYANAL plant is about to restart its finishing foil mill after the
Read more...Stock Drive Products/Sterling Instrument (SDP/SI), a trusted U.S. manufacturer of precision gears and high-quality mechanical components, is pleased to announce the addition of new stock items to its online store. The expanded product range now includes Square Hole Sleeves (threaded and unthreaded), as well as a new series of Hex Hole Sleeves, reinforcing the company's commitment to meeting the needs of machinists and manufacturers. The new sleeves are engineered for durability,
Read more...27 May 2025
Swedish steelmaker SSAB has successfully taken action against two India-based companies found dealing in counterfeit Hardox® steel plates. These unauthorised products, bearing the Hardox® trademark and SSAB logo, included falsified product mill certificates and exhibited severe product quality issues, making them incomparable to genuine Hardox® wear plate. Nonetheless, they were misrepresented as genuine Hardox® wear plate. Following an investigation and a lawsuit, N
Read more...22 May 2025
Flexsteel Industries, Inc., one of the largest manufacturers, importers and marketers of residential furniture products in the United States, today announced the appointment of Terence P. Calloway as an independent director of the Company effective May 21, 2025. Mr. Calloway is a global executive who is known to create competitive advantages that leverage technology and modern manufacturing processes to drive value creation, propel product innovation, and enhance profitability of gl
Read more...20 May 2025
Rio Tinto and Corporación Nacional Del Cobre de Chile ("Codelco") have signed binding agreements to form a joint venture to develop and operate a high-grade lithium project in the Salar de Maricunga in Chile. The agreement is the next step in a broader strategic partnership to strengthen both Rio Tinto’s and Chile’s positions as leading suppliers of materials for the global energy transition. Salar de Maricunga is a large lithium-containing resource base
Read more...20 May 2025
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside of oil and gas, and the Ministry of Industry and Advanced Technology (MoIAT) today signed an agreement leveraging EGA’s Industry 4.0 expertise to support the digital transformation of UAE industrial companies. The agreement was signed at Make it in the Emirates 2025 by His Excellency Omar Al Suwaidi, Undersecretary at MoIAT, and Abdulnasser Bin Kalban, Chief Executive Officer of EGA.
Read more...19 May 2025
U.S.-based custom sheet metal manufacturer, SendCutSend, announced the launch of the SendCutSend Marketplace, an online platform designed to help small businesses and entrepreneurs more easily profit from their custom ideas. Marketplace allows SendCutSend users to design, create and sell their fabricated product without the need to carry inventory or coordinate shipping logistics. "It works great for parts that don't exist anywhere else and parts that solve a spec
Read more...Jindal Stainless, India’s largest stainless steel manufacturer, today announced the launch of Project Pragati—a pioneering digital transformation initiative aimed at automating the production process from casting to finishing at its Hisar manufacturing unit. As the first-of-its-kind in the steel and stainless steel industry, Pragati integrates advanced planning and execution technologies through Dassault Systèmes’ Delmia applications, with Capgemini as the implementat
Read more...14 May 2025
Kenwal Steel has announced that Douglas A. Bredy will be joining the company as Vice President of Business Development. A 32-year veteran of the steel industry, Bredy's career launched in 1993 at Bethlehem Steel Corporation, continuing on to various leadership positions at Olympic Steel and Arcelor Mittal. Known as a strong leader and transformative communicator, his skillset complements Kenwal's existing executive team and will continue to accelerate the company's growt
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