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voestalpine Continues to Invest in Linz
04/28/2010 - voestalpine Stahl GmbH continued its EUR 700 million investment program “L6” in the 2009/10 business year, despite the poor economic climate. About one-half of all the L6 projects, which extend the annual crude steel production from 5.5 million to approximately 6 million tonnes, were implemented.
voestalpine Stahl GmbH continued its EUR 700 million investment program “L6” in the 2009/10 business year, despite the postponement of some investments. About one-half of all the L6 program projects, comprising the extension of the annual crude steel production from 5.5 million to approximately 6 million tonnes, were implemented.
During the last 10 years, total investments at the Linz location, comprising the three major investment programs “Linz 2010” Part 1 + 2 and L6, plus ordinary investments, amounted to approximately EUR 3 billion.
After seven years of operation, the two small blast furnaces 5 and 6 underwent a major overhaul. Relining of the blast furnace 5 took place from December 2009 to mid March. Furnace 6 was already relined in 2009 and has been in operation since September 2009.
The two small furnaces now offer a total annual capacity of approximately 1.6 million tonnes of crude steel—about half the capacity of the large blast furnace A. Total investments for rebuilding the furnaces amounted to around EUR 30 million.
Replacing the converters in the LD steel plant 3 was carried out in three phases, each lasting 1.5 months, between spring 2009 and winter 2010. The steel plant continued its operation during the replacement works. To increase the annual capacity to 6 million tonnes, the new converters have a tap weight of 177 tonnes each, compared with their former 158 tonnes for each converter. Total investments for replacing the three LD converters amounted to around EUR 40 million.
The new hot dip galvanizing line 5 is the last project from the investment program “Linz 2010,” which is now complete with the commissioning of this plant. The plant focuses on the production of steel sheet with superior surface quality and the coating of new high-strength steels for the automotive, construction, and home appliance industries.
Replacing the converters in the LD steel plant 3 was carried out in three phases, each lasting 1.5 months, between spring 2009 and winter 2010. The steel plant continued its operation during the replacement works. To increase the annual capacity to 6 million tonnes, the new converters have a tap weight of 177 tonnes each, compared with their former 158 tonnes for each converter. Total investments for replacing the three LD converters amounted to around EUR 40 million.
The new hot dip galvanizing line 5 is the last project from the investment program “Linz 2010,” which is now complete with the commissioning of this plant. The plant focuses on the production of steel sheet with superior surface quality and the coating of new high-strength steels for the automotive, construction, and home appliance industries.
This new galvanizing line offers not only coating capability using zinc but also one for both zinc-iron and zinc-aluminum-magnesium. The capacity of the plant is approximately 400,000 tonnes per annum. Total investment for galvanizing line 5 was about EUR 140 million.
The largest investment completed during the past business year has been the construction of the new power plant block 07, amounting to a total investment of EUR 160 million. The generating equipment in the power plant is supplied with gas from both the coking plant and from the pig iron and crude steel production. In exceptional situations, the power plant can also be run on natural gas.
The largest investment completed during the past business year has been the construction of the new power plant block 07, amounting to a total investment of EUR 160 million. The generating equipment in the power plant is supplied with gas from both the coking plant and from the pig iron and crude steel production. In exceptional situations, the power plant can also be run on natural gas.
With the new power plant block 07 in operation, external sourcing of electricity can be reduced significantly. voestalpine says that in the future it will generate 90% of the electricity requirement for the Linz site in its own power stations.
The power plant block 07 offers a capacity of 164 megawatts. The total installed capacity at the voestalpine power station in Linz is more than 300 megawatts, corresponding to the energy consumed by 300,000 average households.
voestalpine is an industry leader in customized high-quality and high-tech steel products and solutions. The group is represented worldwide by more than 360 production and sales companies in more than 60 countries. voestalpine is worldwide number one in switch technology and special steel (such as tool steel) and a leading partner in the energy sector with high-quality heavy plates and seamless tubes. The group is a market leader in Europe in high-quality steel strip, rails, special tubes, and high-quality wire, and a leading European supplier of high-quality automotive components. In the 2008/09 business year, voestalpine Group had annual sales of EUR 11.6 billion. It employs 39,000 people worldwide.
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