Tenova LOI Thermprocess has entered into four contracts with the Baowu Group during the 6th China International Import Expo (CIIE) Signing Ceremony, hosted at the National Convention and Exhibition Center in Shanghai, China. Renowned for providing industrial furnace systems dedicated to the heat treatment and melting of metals, Tenova LOI Thermprocess is a key player within Tenova, a firm specializing in sustainable solutions for the metals industry's shift towards environmental consciousness.
The Baowu Group-organized event witnessed the participation of Mrs. Wang Jing, president of OBEI (the Equipment & Spare Parts Sales and Purchasing Center of the Group) representing WISCO, and Mr. Roberto Pancaldi, CEO of Tenova.
The contractual scope encompasses three Annealing and Coating Lines (ACL) and one Annealing and Pickling Line (APL) designed for silicon steel. These lines are slated for installation at the Wuhan Iron & Steel Co., Ltd. (WISCO) plant in Wuhan. The supply of the four annealing furnace lines falls under the responsibility of Tenova LOI Thermprocess and Tenova Technologies (Tianjin).
These significant contracts are integral to the Energy Non-Oriented Silicon Steel Product Structure Optimization Project of Wuhan Iron & Steel Co., Ltd. WISCO's ambitious greenfield initiative for electrical steel is aimed at achieving the highest surface qualities and optimal magnetic properties in the production of non-grain oriented electrical steel.
“Tenova and Baosteel have collaborated on heat treatment of electrical steel for new energy vehicles, as well as hydrogen metallurgy (DRI),” stated the Party Secretary & Senior Vice President of OBEI, Mr. Zhou Ming. “Baosteel and Tenova, as a leader in the steel industry, should further strengthen cooperation and work together to make the steel industry develop in a high end, green, intelligent, and efficient direction.”
“It was a great honour for us to participate in the signing ceremony of the Baowu Group in Shanghai, which emphasizes their trust in our technology,” stated Mr. Christian Schrade, Managing Director of Tenova LOI Thermprocess. “We are proud to take part in green steel initiatives such as these and help propel forward the green energy transition.”
