Industrial PVF

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The British metals research firm MEPS issued its most recent forecast of North American stainless steel prices on August 3, 2009, and predicted “some price slippage during the fourth quarter of 2009.

The Plastics Pipe Institute (PPI) said that high density polyethylene (HDPE) pipe was given an official welcome by the nuclear power plant community July 21, 2009.

Emerson Process Management has formed a strategic partnership with Secure Energy Inc. to help build an $800 million coal gasification plant in Decatur, IL - the first coal gasification-to-synthetic natural gas plant to be constructed in the U.S. in two decades.

The European Union agreed to levy tariffs ranging from 17.7% to 39.2% on imports of seamless steel pipe from China, effective in October.

Victaulic announced it has purchased AquaFlex USA.

Lakeside Steel, a Canadian pipe and tube manufacturer, has filed a motion with the Federal Court of Canada aiming to acquire US Steel Canada.

Wilson and Wellstream International have agreed to an exclusive U.S. distributorship of the FlexSteel product in the U.S.

W&O, a supplier of marine PVF products, has acquired the Valco/Premier Group, which includes Premier Copper Manufacturing, Valco Piping Products and Premier Copper & Brass/Pacific.

RathGibson Inc. announced on July 13 that it has begun reorganization proceedings under Chapter 11 of the United States Bankruptcy Code.

For the second quarter in a row, drilling activity in the U.S. energy exploration and production industry fell to levels not seen since 2003-2004.