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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Dennis Roth who wrote (179070)3/31/2014 1:17:38 PM
From: Dennis Roth2 Recommendations  Read Replies (1) of 206184
 
Eagle Ford Gas Draws Steelmakers to Texas' Coastal Bend
by Matthew V. Veazey Rigzone Staff
Friday, March 28, 2014

...The voestalpine Group, a Linz, Austria-based producer of high-quality steel used in automobile and home appliance manufacturing as well as oil and gas applications, will invest $750 million to build hot-briquetted iron (HBI) and a direct-reduced iron (DRI) plants at the La Quinta Trade Gateway that Port Corpus Christi is developing near the town of Gregory. The company expects its "gowest" project to begin operations in December 2015.

The La Quinta site, located at the northern end of Corpus Christi Bay, will also house a $1 billion steel manufacturing facility that Tianjin Pipe Corp.-America (TPCO) is building. The plant, which will produce seamless steel pipe for the oil and gas industry, will represent the largest single investment that a Chinese company has made in a U.S. manufacturing facility...

- See more at: rigzone.com
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