on Norddeutsche Affinerie AG (isin : DE0006766504)
Aurubis AG Enhances Stolberg Site with €16 Million Investment
Aurubis AG announced a €16 million investment in its Stolberg copper rolling mill, signaling a competitive enhancement. This investment covers two key machines: a bell annealing furnace and a stretch bend leveler, aimed at expanding strip production capacity with increased flexibility. These upgrades promise enhanced reliability, process security, and occupational safety.
The new stretch bend leveler, costing €7 million, enables efficient fabrication for 600 mm wide strips. This step enhances product quality while setting new safety standards. The €9 million bell annealing furnace, now powered by electricity instead of natural gas, reduces energy use by 20% and cuts direct CO2 emissions by 25%.
Aurubis' commitment aligns with the 'Tomorrow Metals by Aurubis' sustainability pledge, aiming for better energy efficiency and reduced emissions. This investment marks a milestone for the Stolberg site, positioning it for future development and resilience following past regional setbacks.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Norddeutsche Affinerie AG news