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Last updated on April 18, 2014 at 6:50 EDT

Latest Essar Group Stories

2012-03-06 13:51:00

HOUSTON, March 6, 2012 /PRNewswire/ -- Select Energy Services, LLC (SES), a leading water solutions and wellsite services company for the oilfield industry, today announced that it has launched new brands for its two business segments, WaterOne(TM) and WellOne(TM), and a new brand for its multi-service integrated water solutions package, Fluidity(TM). The four-year-old company has experienced rapid growth since its inception, and as a result, has expanded its capabilities to offer customers...

2012-03-05 23:40:00

CAPE TOWN, South Africa, March 6, 2012 /PRNewswire/ -- Namibia will see significant growth across a number of infrastructure sectors over the next decade. The greatest obstacle to meeting infrastructure development goals will be to not only ensure that new infrastructure projects are completed in a timely manner, but also that the necessary maintenance and rehabilitation of old infrastructure takes place. This will allow the seamless integration of old and new infrastructure...

2012-02-27 06:30:00

HOUSTON, Feb. 27, 2012 /PRNewswire/ -- Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE Amex: CQP) announced today that it has entered into an exclusive arrangement with Blackstone Energy Partners L.P., Blackstone Capital Partners VI L.P., and certain affiliates (collectively, "Blackstone") to finalize and execute definitive agreements under which Blackstone would purchase newly issued CQP Senior Subordinated Paid-in-Kind Units ("CQP PIK Units") for $2 billion (the "Financing")....

2012-02-16 08:15:00

FORT WAYNE, Ind., Feb. 16, 2012 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that its board of directors has approved an expansion of its Engineered Bar Products Division located in Pittsboro, Indiana. The expansion is intended to both increase the steel mill's capacity to produce special-bar-quality (SBQ) steel bars and to expand the mill's product offerings of high-quality small-diameter SBQ bars. The expansion is expected to increase the mill's overall...

2012-02-10 15:40:00

SAULT STE. MARIE, ON, Feb. 10, 2012 /PRNewswire/ - Essar Steel Algoma reported positive EBITDA of $30.2 million and a net loss of $50.8 million for the three month period ending December 31, 2011 on shipments of 635,308 tons.  EBITDA is a meaningful indicator of the Company's profitability. The results for the three month period reflect the impact of higher selling prices for the Company's products and lower costs compared to the three month period ending December 31,...

2012-01-30 07:30:00

HOUSTON, Jan. 30, 2012 /PRNewswire/ -- Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE Amex: CQP) announced today that its subsidiary, Sabine Pass Liquefaction, LLC ("Sabine Liquefaction"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with Korea Gas Corporation ("KOGAS") under which KOGAS has agreed to purchase approximately 3.5 million tonnes per annum ("mtpa") of LNG upon the commencement of train three operations. Under the SPA, KOGAS...

2012-01-25 08:00:00

CHARLOTTE, N.C., Jan. 25, 2012 /PRNewswire/ -- Nucor Corporation (NYSE: NUE), North America's largest steel bar producer, is pleased to announce plans for the continued expansion of our special bar quality (SBQ) production capabilities over the next two years. We have approved $290 million for projects to be completed at our Memphis, Tennessee, Norfolk, Nebraska and Darlington, South Carolina steel mills that will expand our SBQ and wire rod capacities by a combined one million...

2012-01-04 15:03:00

DALLAS, Jan. 4, 2012 /PRNewswire/ -- HollyFrontier Corporation ("HollyFrontier") (NYSE: HFC) today announced plans to expand capacity at its 31,000 barrel per day ("bpd") Woods Cross, Utah refinery to 45,000 bpd with an expected completion in late 2014. The expansion scope includes the relocation / revamp of crude, fluid catalytic cracking, and polymerization units from a subsidiary of Western Refining Inc.'s (NYSE: WNR) Bloomfield, NM refinery to Woods Cross as well an expansion of the...

2011-12-13 12:05:00

FAIRLAWN, Ohio, Dec. 13, 2011 /PRNewswire/ -- OMNOVA Solutions (NYSE: OMN) today announced that it has sold certain assets of its North American commercial wallcovering business to J. Josephson, Inc., a private commercial wallcovering producer based in New Jersey. The sale includes printing cylinders, certain equipment, trademarks, contracts and other assets associated with OMNOVA's domestically-produced commercial wallcovering brands. The sale excludes OMNOVA's Columbus, Mississippi...

2011-12-13 05:18:00

TUCSON, Ariz., Dec. 13, 2011 /PRNewswire/ -- The Offshore Group, and Carson, California-based Ducommun Incorporated have negotiated an extension of the latter's agreement for outsourced manufacturing support, or, "shelter," services in Mexico for a six year period. In addition renewing its agreement for services, Ducommun Aerostructures Mexico, LLC will also expand its aerospace manufacturing footprint from its current 22,091 square feet to 39,891 square feet, through the...