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Outotec

Latest News

Metso Outotec Goes Green With Circored

08 December 2021 - Finland’s Metso Outotec announced yesterday it has launched the next generation of the 100% hydrogen-based Circored™ process for fine ore production.

Mintal Group Places Order for New Ferrochrome Plant

08 January 2016 - China Minmetal Corp.’s Mintal Group joint venture has ordered a new ferrochrome plant capable of producing 300,000 metric tons annually, according to the vendor on the project.

Outotec to Cut 150 Jobs in Finland

04 January 2016 - Finland’s Outotec will cut 150 jobs at home and throttle back production at a machine shop and at its filters unit as it attempts to pare EUR70 million in fixed costs.

Outotec Finalizes Acquisition of South Africa's Sinter Plant Services

15 December 2015 - Outotec has closed on a deal to buy Sinter Plant Services CC in South Africa, the company has announced.

Outotec to Acquire South African Mill Services Business

02 November 2015 - Outotec is acquiring South Africa’s Sinter Plant Services CC to complement its service offerings for the country’s ferrochrome market, Outotec has announced.

Outotec Inaugurates New Technology Center

08 September 2015 - Outotec has opened a new center focused on dewatering technology in Lappeenranta, Finland, the company has announced.

Outotec Wins Order for Iranian Beneficiation Plant

01 September 2015 - Outotec Oyj has been awarded an EUR 45 million contract to outfit a new iron ore beneficiation plant for Iran's Khorasan steel complex, Outotec has announced.

Outotec to Supply Iron Ore Pelletizing Technology for B-MISCO in Iran

04 June 2015 - Outotec has won an order from Bafgh Mineral Complex Iron and Steel Industry Company (B-MISCO) for the design and delivery of technology and services for a new iron ore pelletizing plant in Bafgh, Yazd Province, Iran.

Outotec's Interim Report January-March 2015

28 April 2015 - Outotec's Interim Report shows good growth in orders and service sales.

Outotec Ranked World's 12th Most Sustainable Company on Global index

06 February 2015 - Outotec was ranked 12th on the 2015 Global 100 Most Sustainable Corporations in the World (Global 100) Index. This was the third consecutive year Outotec was included in the index (ranking 3rd in 2014).

Outotec to Provide Gas Cleaning Technology for Zinc Refinery in Peru

07 January 2015 - Outotec has been awarded a contract to supply gas cleaning technology for Votorantim Metais, part of the Votorantim Group, to the Cajamarquilla zinc refinery.

Outotec Completes Employee Cooperation Negotiations in Finland

29 December 2014 - Employee cooperation negotiations concerning Outotec's operations in Finland have been completed.

Outotec Updates Long-Term Financial Targets, Existing 2020 Sustainability Targets

05 December 2014 - Outotec's Board of Directors has revised the company's long-term financial targets to better reflect the current market environment.

Outotec Initiates Further Measures Targeting €45 Million Cost Structure Improvement

07 November 2014 - To be prepared for possibly continuing market slowness and uncertainty, Outotec is proceeding with measures to enhance profitability and launches a new program targeting approximately €45 million savings in operating costs during 2015, compared to 2014 full year cost level.

Outotec Begins Employee Cooperation Negotiations in Finland

05 November 2014 - As part of Outotec's global profitability improvement program targeting € 45 million savings in annual operating costs (announced on 30 October 2014), the company is analyzing the resourcing needs and restructuring opportunities in its operations in Finland.

Outotec Achieved Targeted €50 Million Savings, Closes Program

04 November 2014 - Outotec introduced an efficiency improvement program on 17 October 2013 targeting up to € 50 million annualized savings in operating costs by the end of 2014 compared to the Q3/2013 situation.

Outotec Announces Changes in Executive Board

01 October 2014 - Adel Hattab joined Outotec on 1 October 2014 as the executive vice president and president of EMEA region. He will be a member of Outotec's Executive Board.

Outotec Selected Again to the Dow Jones Sustainability Index

15 September 2014 - Outotec has been selected for the second consecutive year to the Dow Jones Sustainability Europe Index for 2014–2015.

Outotec and WWF in Partnership to Promote Green Economy in Finland

16 May 2014 - Outotec and WWF Finland have agreed on a partnership, which focuses on promoting green economy and sustainable use of natural resources.

Outotec to Deliver Iron Ore Pelletizing Technology to India

15 April 2014 - Outotec received an order from a customer in India for the design and delivery of an iron ore pelletizing plant to be constructed in northeast India.

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