Proposed Venezuela-Colombia Pipeline ...

by tubelinks on 03/30/2012 - 11:45 pm
Tag: Press Release

A proposed 600,000-barrel-a-day oil pipeline that would run between Venezuela  and Colombia would require $8 billion in investment, state oil company Petroleos  de Venezuela, or PdVSA, said Thursday in a statement.

The pipeline would give hydrocarbons-rich Venezuela access to Colombia's  Pacific coast and allow for quicker transport of crude to Asian markets, a key  strategic goal of President  Hugo Chavez, who has fortified economic ties with resource-hungry China in recent  years.

Venezuela is looking to send more of its crude from its vast Orinoco heavy  oil belt, located in the southeastern part of the country, to Asian economies,  PdVSA said in ...

Read More

Construction Continues at $1 Billion ...

by tubelinks on 03/28/2012 - 06:08 pm
Tag: Projects

Site preparation work continues for a $1 billion pipe mill in Gregory. TPCO America and its parent company, Tianjin Pipe (Group) Corp. broke ground on the project in August, which is considered to be the largest single Chinese investment in an American manufacturing facility.

At full operation, about 800 workers will recycle scrap steel and mix it with iron to produce 500,000 metric tons of seamless steel pipe each year, which is used as casing in the oil and gas industry.

The company envisions the plant playing a major role in boosting domestic supplies to meet the demand for this type of pipe and eventually export pipe as production grows, spokeswoman Leah Olivarri said.

The constructio ...

Read More

US Sets Import Duties on India, Vietn...

by tubelinks on 03/28/2012 - 06:02 pm
Tag: Press Release

The U.S. Commerce Department on Tuesday set a preliminary import duty of nearly 286 per cent on a certain type of steel pipe from India to offset government subsidies and a duty of slightly more than 8 percent on the same product from Vietnam.


It declined to set preliminary duties on imports from Oman and the United Arab Emirates, saying it found little or no subsidies for steel pipe producers in those countries.


The decision is a mixed victory for U.S. companies Allied Tube and Conduit, JMC Steel Group, Wheatland Tube and United States Steel Corporation, which filed a petition last year asking for import relief.


Importers of circular welded carbon-quality steel pi ...

Read More

Shale-Inland Announces Completion of ...

by tubelinks on 03/27/2012 - 06:20 pm
Tag: Press Release

Shale-Inland Holdings, LLC today announced the completion of its acquisition of the Industrial Pipe, Valves and Fittings business ("IPVF") of HD Supply, Inc.

IPVF is comprised of several businesses including Southwest Stainless and Alloy, J&J Alloys, Sunbelt Supply Co. and Metals Inc., collectively one of the nation's largest master distributors of stainless steel, chrome, nickel alloys, aluminum and carbon pipe, plate, bar, valves, flanges and fittings - with a global footprint. The IPVF companies have been combined with Main Steel and Shale-Inland Stamping & Fabricating to form one of North America's largest industrial supply companies.

"We warmly welcome Mike Stanwood, his ...

Read More