Fincantieri, ArcelorMittal & Paul Wurth to Improve Taranto Plant
Taranto PlantFinancial Times

Fincantieri, ArcelorMittal & Paul Wurth to Improve Taranto Plant

Fincantieri, ArcelorMittal Italia and Paul Wurth Italia have signed a Memorandum of Understanding to consider drawing up a reconversion plan for

Fincantieri, ArcelorMittal Italia and Paul Wurth Italia have signed a Memorandum of Understanding to consider drawing up a reconversion plan for the existing integrated cycle of the ArcelorMittal Italia’s steel-making plant in Taranto, using eco-friendly technologies.

Responsibilities to develop the plan will be shared as follows

  1. Paul Wurth Italia, technological leader with a strong plant builder culture, inherited from a historical company as Italimpianti, will take care to verify the technical feasibility of implementing new technologies in the existing plant to improve the environmental impact and define the inputs necessary for the economic feasibility analysis

  1. ArcelorMittal Italia, as the company managing the industrial facility, will be in charge of verifying the production feasibility of the new technologies and their economic, regulatory and legal impact

  1. FINCANTIERI, based on its capability to function as general contractor in the civil engineering, structural, environmental, plant-engineering, electronic and maintenance sectors, will be in charge of verifying the feasibility of the projects, especially in terms of investments, schedule and management costs, with a view to integrating the different project management activities.

The agreement also aims at identifying innovative projects for reducing emissions, as well as activities for the study and development of new joint business models, such as the production of high-resistance steel for the construction of ships and core infrastructures, in addition to supplying steel.

ArcelorMittal Italia CEO Ms Lucia Morselli said “We need to be able to improve our companies, make sure they become champion of sustainability, capitalize on those new processes and technologies that represent a driver of growth for the Country with a huge export potential, fuelled by the increasing European and Global demand for those competencies.”

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