ArcelorMittal and Technip have signed a five-year contract for the supply of high-performance steel wires. This is ArcelorMittal’s most significant European contract for its wire activities.
ArcelorMittal’s site in Bourg-en-Bresse, Rhônes-Alpes region, France, will fabricate highly resistant, semi-manufactured rolled products to be used on flexible sheaths for the development of deeper oil and gas fields worldwide. The site supplies Technip’s manufacturing plants located in France, Brazil and Malaysia.
This major contract strengthens ArcelorMittal’s wire activities in Bourg-en-Bresse, which will see a significant increase in its production to support the buoyant high-potential offshore exploitation market. This commercial contract comes with a research and innovation contract. The agreement supports the development of new wire solutions to meet Technip’s needs, and aims to consolidate the Bourg-en-Bresse site’s technological leadership.
