IPSCO Inc. has entered into an agreement with Sweden’s SSAB Svenskt Stal
for IPSCO to be acquired by SSAB for $160 per share in cash for a total equity
value of $7.7 billion.
The PVF Roundtable met May 15 in Houston, TX. Pictured, Ron Merrick of Fluor Enterprises, current president of The PVF Roundtable (left), thanked Dr. Don McNeeley, president of Chicago Tube
IPSCO Inc. (Lisle, IL) and SSAB Svenskt Stal AB
(Stockholm, Sweden) announced that they have entered into an agreement
providing for IPSCO to be acquired by SSAB for US$160 per share in cash for a
total equity value of $7.7 billion.
Northwest Pipe Co. recently received three major pipe orders. The company will supply approximately 12,000 feet of 93-inch diameter steel pipe valued at approximately $6.5 million for custom-fabricated piping system
Metso Automation has received the largest single valve order in its history from Chiyoda-Technip Joint Venture formed by Chiyoda Corp., Japan and Technip, France (CTJV). The value of the order
Flowserve Corp. has opened a new pump manufacturing facility in Coimbatore, India. The 100,000-sq.-ft. facility will nearly double Flowserve’s production capabilities for single-stage, multi-stage, barrel and vertical engineered and industrial
Cameron has acquired DES Operations Ltd., an Aberdeen, Scotland-based supplier of production enhancement technology for the oil and gas industry. The acquisition provides Cameron with DES’ unique MARS (Multiple Application
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