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SPI funds invest in the capital of Vallourec Umbilicals
10 June 2019

The "Sociétés de Projets Industriels" funds (“SPI funds”), managed by Bpifrance and subscribed jointly by the French Government and the European Investment Bank under the "Juncker Plan", have invested in the capital of Vallourec Umbilicals, specialized in the manufacture of tubes for umbilicals, to support and finance its phase of industrialization on a larger scale.... Read more...

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Outokumpu receives three awards from the ISSF

05 June 2019

Outokumpu has received three awards from the International Stainless Steel Forum (ISSF) on May 23 at their conference held in Chicago, USA. Outokumpu received two gold-level awards in the categories of New Technology and New Development as well as a silver-level award in the Safety category.

The gold award for best new technology was given for the bend-formed body structure of small electrified vehicles. The technology was developed together with fka Aachen GmbH.

The gold award for the best new development was given for the first use of duplex stainless steel Forta LDX2404 in a major bridge building project. The new duplex stainless steel form developed by Outokumpu was selected for the Söderström rail bridges project in Stockholm, Sweden due to its strength and life cycle costs.

The silver safety award was given to the improvements in material loading and unloading. Outokumpu now has an agreed standard for truck loading and unloading which is being implemented at all sites.

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