Ast: Arvedi announces one billion investments in 5 years

Gas: with energy efficiency by 2030, cuts in bills and pollution (ANSA)

(ANSA) – TERNI, 01 APR – One billion investments in “four, five years”, to “relaunch” the company and “give it back the competitiveness it deserves”: this is what the president of the Finarvedi holding company, Giovanni Arvedi, announced. illustrating the industrial plan of Ast di Terni, acquired by ThyssenKrupp.

The plan – which will be implemented in two stages – provides for the construction of new plants (a cold rolling mill, a bright annealing line, another for pickling, rolling and annealing for stainless steel and a slab heating furnace with hydrogen combustion. methane) and an innovative scrap yard, as well as a new finishing complex for magnetic steel of 50 thousand square meters.

“The company was mutilated, because it had a table with three legs: the forges, the magnetic steel and the stainless steel. Now we have to find these three legs to compete with the other European producers,” said Arvedi speaking of the return of the magnetic. The objective of the property is to use the entire production capacity of the two furnaces present in the steel plant, bringing it up to approximately one million 600 thousand tons.

The plan will develop “on the basis” of a program agreement that will also involve local and national institutions and trade unions and will address the issue of energy, in particular to “allow the production of green hydrogen (with which all furnaces will be powered of heating plants, ed) and therefore decarbonization “. (HANDLE).

Source: Ansa

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