Press Releases

  • direct reduction plant voestalpine

    10 May 2017

    voestalpine direct reduction plant in Texas fully operational since April 1, 2017

    The completion and opening of the direct reduction plant in Corpus Christi, Texas, last year marked a milestone for the voestalpine Group in its task of securing pre-materials on a long-term basis. After finishing the six-month run-up phase, together with successful completion of all the performance tests, the plant became fully operational on April 1, 2017. As a result, starting in the business year 2017/18, the most advanced and largest plant of its kind in the world will produce two million tonnes of high-quality HBI (hot briquetted iron, or sponge iron) annually—a sophisticated pre-material used in steel production. After concluding the commissioning phase, the final project costs are now known, and amount to USD 1.012 billion. The plant has already achieved a positive result in its first month of full operation.

  • voestalpine aerospace

    4 May 2017

    voestalpine drives aerospace expansion with a further EUR 30 million investment

    As one of the world’s leading suppliers to the aerospace industry, voestalpine is consistently driving its growth in this technologically sophisticated future market. As recently as last December the Group agreed on a major EUR 40 million investment in a new high-tech forging line for the production of high-quality pre-materials for aircraft components. Now a further EUR 30 million will go to the Kapfenberg site in Austria over the next two years, to finance a state-of-the-art production facility for aerostructures including highly stress-resistant engine mounts, wing and fuselage components, and landing gear parts. The fully automated facility is scheduled to commence operations as early as 2019.

  • 22 March 2017

    Swedish Prime Minister visits voestalpine company Uddeholms AB in Hagfors

    Today Prime Minister Stefan Löfven visited voestalpine company Uddeholms AB at its headquarters in Hagfors, in southern Sweden. The company is the global market leader in the production of special steels for industrial tool manufacturers. With 850 employees, revenue of EUR 250 million in the business year 2015/16, and an export rate of 94 percent, Uddeholms AB is an important economic factor in the region. Major investment projects will be realized in the coming years, and include the manufacture of metal powder for 3D printing.

  • 7 March 2017

    400 visitors at the second voestalpine student evening in Leoben

    Due to their successful partnership, the voestalpine Group and Montanuniversität Leoben are major drivers of research and development in Austria. At the second voestalpine student evening held at the Montanuniversität Leoben on March 6, future graduates were given the opportunity to see for themselves the innovative power of the global technology and capital goods group. Around 400 students took the opportunity to find out more about voestalpine, exploring potential career opportunities, and meeting members of the Management Board in person.

  • 6 March 2017

    Innovative voestalpine process brings a major order worth EUR 250 million

    With the opening of the world’s first phs-directform facility in Schwäbisch Gmünd, Germany, in July 2016, the voestalpine Group took a technological leap forward in lightweight automotive construction. A European premium automobile manufacturer is now also relying on this innovative production process for manufacturing of ultra high-strength body-in-white parts in a single step, with an order worth EUR 250 million. voestalpine will again be investing EUR 13 million in expanding the site in Baden-Württemberg by summer 2017 in order to handle this major order, not only creating 40 new jobs but also continuing to drive its expansion in the automotive sector. Today marks the groundbreaking ceremony for the new project.

  • 9 February 2017

    voestalpine with stable operating result in the third quarter of 2016/17

    The global economic environment during the first nine months of the business year 2016/17 (April 1 to December 31, 2016) was inconsistent. The first three quarters were marked by moderate growth trends in Europe, continuing volatility with a recent increase in economic expectations due to announcements from the new president in the USA, stable growth in China as well as a weakening recession in Brazil. Among voestalpine’s main customer segments, the automotive industry demonstrated ongoing high demand and the consumer goods segment enjoyed a solid recovery. At the same time, the railway infrastructure sector recorded slight declines and the energy sector showed continued signs of weakness not only in Europe.

  • 7 February 2017

    voestalpine, Siemens and VERBUND are building a pilot facility for green hydrogen at the Linz location

    The European Commission has awarded the H2FUTURE project consortium, consisting of voestalpine, Siemens, VERBUND and Austrian Power Grid (APG) as well as the research-partners K1-MET and ECN, the contract for the construction of one of the world’s largest electrolysis plants for producing green hydrogen. The project-partners will work and research cooperatively on implementing an innovative hydrogen demonstration plant at the voestalpine site in Linz.

  • 27 January 2017

    voestalpine Texas - the FACTS

    In view of a report published today in a regional Austrian newspaper about the status of the HBI project in Corpus Christi, Texas—which is based exclusively on rumors, assumptions, and deliberate disinformation—voestalpine feels compelled to issue the following clarifications.