Around half a year after announcing the location decision, today’s groundbreaking ceremony marked the official start of the three-year construction phase for the new voestalpine special steel plant in Kapfenberg, Austria. From 2021 onwards, each year the fully digitalized plant will produce around 205,000 tons of sophisticated high-performance steels, especially for the international aviation and automotive industries as well as for the oil & gas sector, while at the same time securing more than 3,000 highly skilled jobs in the region over the long term. Preparations for the major project with an investment volume of up to EUR 350 million are already fully underway: the construction site is currently being prepared, with work focusing on energy supply and logistics infrastructure.
The first stage of replacing the streetcar lines on Vienna’s Ringstrasse has recently concluded, and involved voestalpine premium quality rails and turnouts. Vienna’s public transport authority, Wiener Linien, is updating a total of around 2 kilometers of track infrastructure by summer 2018, from Schwarzenbergplatz past the State Opera, Parliament, and on to the University. As the global market leader in complete turnout systems and a top supplier of high-quality rails, around the world the Metal Engineering Division at voestalpine is seen as a reliable partner when it comes to realizing sophisticated rail infrastructure projects. In the business year 2016/17, with revenue of EUR 1.4 billion, the voestalpine railway segment generated around twelve percent of the Group’s revenue.
An EU-funded flagship project for a CO2-reduced energy future and the decarbonization of steel production is taking shape: today, at the voestalpine site in Linz, the H2FUTURE project consortium, consisting of voestalpine, Siemens, VERBUND, and Austrian Power Grid, together with the research partners K1-MET and ECN, officially gave the go-ahead for construction of the world’s largest pilot facility for the production of “green” hydrogen. With a capacity of 6 megawatts, this is the most effective and advanced plant of its type. The partners from industry and power generation will use this facility to research into future breakthrough technologies which are needed to meet global climate goals over the long-term. The plant is scheduled to be fully operational by spring 2019.