01/29/2016

Acerinox, Madrid, Spain

Acerinox Europe modernizes production equipment

Acerinox Europe in Campo de Gibraltar, near Cadiz, Andalusia, plans the the acquisition of new equipment with the latest technology which will enable production at the factory to be optimized, product quality to be improved, costs to be minimized and environmental impact to be reduced. This includes the acquisition of an annealing and pickling (AP) line and a new cold-rolling mill, as well as civil engineering works and auxiliary equipment required for the operation of these large facilities.


The new AP line will bring significant savings in terms of maintenance, as well as energy and consumables. Acerinox will improve its production equipment, offering products of higher quality and greater value to our end customers and providing significant reductions in the volume of emissions during the manufacturing process. The new equipment will come into operation by the end of 2017, accordingto what has been established with suppliers as the commissioning deadline.


This new investment of 140 million euros is in addition to the sum of over 300 million the company has set aside for its Spanish plant in recent years to modernize equipment and keep this plant as one of the most competitive in Europe.


Acerinox has also started work on the installation of a BA finish Bright Annealing Line and a cold-rolling mill at its US plant, North American Stainless (NAS). This involves an investment of 116 million euros, whose aim is to increase the production capacity and expand the range of finished products produced by the factory, located in Kentucky. With this new line, NAS will manufacture steel with a bright finish, a product with a significant annual consumption in North America, which is a market forced to import due to a lack of sufficient domestic production.


Acerinox, Madrid, Spain