Industry News
Overview: Industry News
Caverion Finland has concluded an agreement whereby Caverion acquires Stig-Pipe Oy through an asset deal
13.06.2025
Caverion Finland strengthens its market position in the technical services market for industry and its processes through the acquisition of Stig-Pipe Oy.
Stress crack failure: SKZ has developed a new test method
10.06.2025
At the end of May, the SKZ Plastics Centre completed a pioneering research project, the aim of which was to develop a faster „test method with which the stress crack failure of plastic components under the influence of media can be assessed quantitatively“ for the first time.
Kazakhstan Launches First Large-Diameter Steel Pipe Plant to Reduce Imports
10.06.2025
The UK-based Stal Trade Group has begun constructing Kazakhstan’s first plant for large-diameter steel pipes in Aktau. The project is expected to significantly reduce the country's dependence on imports and boost several industrial sectors.
Vallourec obtains the qualification of ist Hydrogen Storage Solution and launches Commercialization
06.06.2025
Vallourec, a world leader in premium seamless tubular solutions, certifies and launches Delphy, the world’s first vertical hydrogen storage solution.
Ukrainian Pipe Manufacturer Interpipe Posts Higher Net Profit for 2024
03.06.2025
Boosted by rising demand and increased output, Interpipe reports improved financial performance despite a slight dip in operating profit.
Pleissner Guss Launches €6 Million Modernisation to Drive Innovation in Sustainable Heavy Industry Castings
02.06.2025
Pleissner Guss GmbH, a subsidiary of GMH Gruppe, has completed a €6 million modernisation programme aimed at expanding its role as a key supplier to critical sectors such as rail technology, wind energy, infrastructure, mechanical engineering, and defence.
Hydrogen Bank: 15 Projects Receive EU Funding
02.06.2025
The European Commission has published the results of the second auction round of the European Hydrogen Bank. The Commission has selected 15 projects for funding of nearly one billion euros. For the first time, German projects are also receiving funds from the Hydrogen Bank's Innovation Fund.
New to World Steel Pipe Cutting Solution
30.05.2025
Milwaukee Tool introduces the M18 FUEL™ ½”-1” Steel Pipe Cutter and ½” – 1” Steel Pipe Cutting Blade, the first solution truly optimized for cutting steel pipe on the job.
Ascent Industries Sells Tubular Subsidiary BRISMET – Future Focus on Specialty Chemicals
27.05.2025
Ascent Industries has divested its tubular subsidiary Bristol Metals (BRISMET), selling it to stainless steel manufacturer Ta Chen for approximately $45 million. The move marks a strategic shift toward the company's Specialty Chemicals division.
Poppe + Potthoff and Lalbaba Engineering Limited open plant in India
23.05.2025
The German Poppe + Potthoff Group (P+P), manufacturer of precision steel tubes from Werther (Westphalia), is opening a new plant in Badli (Haryana, India) together with the Indian company Lalbaba Engineering Limited under the name „Indian Precision Tubes“, as the company announced on 16 May.