The five-year partnership agreement between ArcelorMittal and Technip, the largest European contract for ArcelorMittal’s wire business, has been extended by two years. In September 2013, ArcelorMittal was chosen by Technip to supply high-performance, high-strength steels used in the manufacture of flexible pipes for the development of deepwater and ultra-deepwater oil and gas fields, particularly at depths in excess of 1500m.
Photo courtesy of ArcelorMittal
The partnership agreement signed in 2013 sustained the operations of the Bourg-en-Bresse plant, and this agreement extension will reinforce it. The commercial contract comes with a research and innovation contract that strengthens technological progress at the Bourg-en-Bresse plant. The Bourg-en-Bresse plant is developing new wire solutions tailored to Technip’s requirements. ArcelorMittal will invest EUR 15M to expand the production capacity of its plant at Bourg-en-Bresse and support the development of its customer Technip. In 2015, the Bourg-en-Bresse plant will be equipped with a new heat treatment furnace and a new rolling mill. The plant will also strengthen its team with the recruitment of around 20 people.