Korea-based ship builder Daewoo (DSME) has signed a contract worth EUR 200 million with ArcelorMittal Stainless and Nickel Alloys for the supply of Invar™ for cryogenic membranes in LNG tankers. Invar™ is a low expansion alloy especially adapted to cryogenic conditions, which is used in the construction of a double layer lining of the tanks in which LNG is transported.
