April 23, 2014 saw the groundbreaking ceremony for construction of the new direct reduction plant in Corpus Christi, Texas. From 2016 onwards, two million tons of HBI (hot briquetted iron) will be produced here annually.
voestalpine is building a new direct reduction plant in Corpus Christi, Texas. The official groundbreaking ceremony for voestalpine Texas LLC was held at La Quinta Trade Gateway on April 23, 2014. The facilities are designed for an annual capacity of two million tons of HBI (hot briquetted iron) and have direct deep-water access to the Gulf of Mexico. At EUR 550 million (USD 740 million), this is the largest foreign investment in the history of the voestalpine Group.
Direct reduction plant for the production of hot briquetted iron (HBI)
HBI stands for hot briquetted iron – porous sponge iron, pressed into briquettes. HBI is created by reducing the iron ore with natural gas. This is called the direct reduction process and is an environmentally-friendly production process; a DRI plant uses natural gas which is more environmentally sound than coke.
HBI can be used as a pre-material in blast furnaces or electric arc furnaces. Around half of annual HBI production will be shipped to Linz and Donawitz for use in the voestalpine production process. The remainder is intended for sale outside the Group. The new processing facilities will significantly reduce voestalpine’s production costs in Europe.
The plant will create a total of 150 new jobs.
More information about voestalpine in North America:
Microsite “Focus North America”: http://bit.ly/1k3KEEr
Pictures on Flickr: http://bit.ly/1lDINpl
voestalpine Texas LLC: http://www.voestalpine.com/texas
New voestalpine corporate design
The voestalpine Group is marking the consistent implementation of its strategy and its changing self-image by updating its visual identity: its transformation from a European steel company to a global technology and capital goods group is now also being mirrored in its corporate design. The new visual identity combines tradition with future expectations, and increasingly symbolizes dynamism and a focus on the future.