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voestalpine is investing EUR 188 million to build a new integrated pickling line in the cold rolling mill 3 (“BETA 3”) at the site in Linz. The fully automated pickling line with tandem cold mill meets the most stringent Industry 4.0 standards, further increasing the manufacturing quality of high and ultra-high strength steels for the automotive, household goods, and construction industry, as well as for electrical steel used in e-mobility. BETA 3 also sets new sustainability standards: hydrochloric acid takes the place of sulfuric acid for pickling of carbon steel qualities. The required acid is regenerated in a circulatory system using an on-site acid regeneration plant. Today marked the groundbreaking ceremony for the multi-million project; BETA 3 is scheduled to commence operation in late 2023. The plant will have an annual production capacity of around two million tons.
As one of Austria’s most research-intensive enterprises, with over 700 employees working in research at more than 70 Group companies and in excess of 3,000 patents, voestalpine has continuously raised its research and development expenditure over the past years. The Group is continuing this trend in the business year 2021/22 with a research budget of EUR 185 million. Increasingly, the focus of the company’s research lies in digital and simultaneously resource-efficient products and processes.
