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Tenova Expands Offerings in Secondary Metallurgy with Acquisition of Technometal
07/18/2013 - Tenova has completed the acquisition of Technometal GmbH, a secondary metallurgy plantmaker based in Germany.
Technometal is a plantmaker with the ability to cover the full set of plants and services in the secondary metallurgy market: project studies, plant design, engineering, supply, commissioning, training and consulting.
75% of the steel produced is refined via secondary metallurgy processes, Tenova says. Technometal supplies equipment related to the process requirements, with capacities ranging from less than 5- to more than 300-tons. This know-how allows Tenova to integrate and expand its product portfolio (LF, VD and VOD) by including the refining equipment for BF/BOF route (RH).
In this way, Tenova strengthens its position as a recognized player in secondary metallurgy with three centers of activities: Tenova Melt Shops (Italy), Technometal (Germany) and Tenova Core (USA).
In the last seven years the following German companies joined the Tenova Group: LOI Group (Essen), TAKRAF (Lipsia) Metall Technologie Holding (Menden) and now Technometal (Duisburg).
Tenova is a worldwide supplier of advanced technologies, products and services for the metals and mining & mineral industries. With about 4,800 people, Tenova operates through more than 30 companies located in 26 countries on 5 continents.
