Dofasco to Install Pulverized Coal Injection System
08/27/2007 - Dofasco will build a $60-million pulverized coal injection system at its two blast furnaces in Hamilton, supported in part by a $6.05-million, 5-year loan under the Government of Ontario’s Advanced Manufacturing Investment Strategy program.
Dofasco announced plans to build a $60-million pulverized coal injection (PCI) system at its two blast furnaces in Hamilton.
The project will be backed by an agreement with the Government of Ontario to provide a $6.05-million, 5-year loan under the Advanced Manufacturing Investment Strategy (AMIS) program. AMIS, a Government of Ontario program, provides loans to encourage technological innovation and the creation or retention of jobs.
“This announcement is of special importance, as it demonstrates ArcelorMittal's commitment to ensuring Dofasco has the necessary resources to compete in an increasingly global market place” said Dofasco Vice President Joan Weppler. “Dofasco appreciates the support that the Province of Ontario is providing to companies that invest in innovation,” she continued. “In a global steel industry Dofasco has to compete with other plants worldwide for capital investment. Programs like AMIS help ensure that Dofasco Hamilton remains competitive into the future.”
The PCI construction project, which targets a significant reduction in Dofasco’s fuel costs, is scheduled to be completed in January 2009.
Dofasco is a leading North American steel solutions provider. Product lines include hot rolled, cold rolled, galvanized, Extragal(TM), Galvalume(TM) and tinplate flat rolled steels as well as tubular products. Dofasco's wide range of steel products is sold to customers in the automotive, construction, energy, manufacturing, pipe and tube, appliance, packaging and steel distribution industries.
In 2006 Dofasco was acquired by Arcelor SA, and in 2007 Dofasco became a member of ArcelorMittal, the world's largest steel company.
