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ArcelorMittal Invests at Industeel Facility in Charleroi
11/21/2011 - ArcelorMittal recently inaugurated a new facility of Industeel Belgium that will have a production capacity of 100,000 tonnes of special plates for oil & gas, mining, and other industries. The production lines have been running at full capacity since May 2011.
ArcelorMittal recently inaugurated a new facility of Industeel Belgium that will have a production capacity of 100,000 tonnes of special plates for oil & gas, mining, and other industries. The production lines have been running at full capacity since May 2011.
The project required an investment of 28.7 million euro and involved more than 90 companies and 500 workers, according to ArcelorMittal.
The investment allows Industeel Belgium to meet the increasing quality standards of its national and international clients; the quality and reliability of the products makes them safe for nuclear reactors, water treatment facilities, oil refineries, gas treatment installations, chemical plants, and other environment-critical steel plate applications.
More than 50% of the steel plates produced in Charleroi, Belgium, are exported outside of Europe, particularly to Asia.
"This investment in Industeel demonstrates ArcelorMittal's commitment to maintaining its leadership in the special steel plate market. The investment is further evidence of ArcelorMittal being at the forefront of innovation and new technologies as well as its commitment to health and safety," said Alex Nick, CEO of Industeel.
Previously known as Fabrique de Fer, Industeel Belgium in Charleroi employs 950 people and is specialized in plate fabrication from thin gauge (5 mm) up to thick gauge (150 mm) with a maximum plate weight of 16 tonnes. Industeel Belgium manufactures between 150,000 and 220,000 tonnes of special steel plates per year, and is a worldwide leader in the fabrication of quarto plates used for liquefied natural gas storage tanks.
