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Outokumpu and Acciaierie Valbruna Sign License Agreement for LDX 2101 Duplex

02/02/2009 - Outokumpu signs non-exclusive patent and trademark license agreement with Acciaierie Valbruna granting Valbruna the right to use Outokumpu's LDX 2101 duplex stainless steel grade in all long products in the European Union, Norway and Switzerland.

Outokumpu has signed a non-exclusive patent and trademark license agreement Acciaierie Valbruna SpA of Italy granting Valbruna the right to use Outokumpu's LDX 2101 duplex stainless steel grade in all long products in the European Union, Norway and Switzerland.
 
Outokumpu developed and patented Lean Duplex grade LDX 2101, introducing it commercially in 2002. A low-nickel, high-strength stainless steel, LDX 2101 has met with great success in demanding applications.
 
Outokumpu has awarded manufacturing licenses to a number of stainless steel producers in Europe and Asia to further facilitate the market penetration of Lean Duplex.
 
“Demand for duplex grades grows faster than that of standard stainless grades,” commented Tommy Grahn, Senior Vice President and head of the Outokumpu Long Products business unit. “We are pleased to have Acciaierie Valbruna as an important partner in Europe to promote the duplex market and support customers in the utilization of this unique material.”
 
“Thanks to a long-term relationship between Outokumpu and us, there is now from Valbruna an alternative to the austenitic 304 grade, especially in terms of the price stability due to the low nickel content,” said Massimo Amenduni Gresele, Managing Director of Acciaierie Valbruna. “We foresee a bright future for it, especially in projects, which require a long completion time. Furthermore, Valbruna can supply the widest range of long products, which are able to fulfill all possible needs of the market thanks to its production of rebar, wire rod, wire, billets, ingots, round, hexagonal, flat, square, and angle bars.”