Tag: AvestaPolarit

Degerfors discussions end without agreement

Discussions between AvestaPolarit and Carl Bennet regarding the possibility of continuing business operations at the Degerfors melting shop after existing production there is discontinued next year have been concluded without reaching an agreement.

AvestaPolarit in Degerfors talks

AvestaPolarit has confirmed that it has been involved in discussions with Mr Carl Bennet regarding the possibility of continuing business operations at the melting shop in Degerfors after production at the facility is discontinued next year.

AvestaPolarit closes Stockholm office

Outokumpu's ownership in AvestaPolarit now exceeds 90%, which allows the parties to proceed with their plans to promptly integrate certain central administrative activities.

Italy merger

AvestaPolarit has signed a letter of intent to purchase Commerciale Acciai Spa, who has been an exclusive distribution agent for AvestaPolarit's Tornio mills in the Italian market since 1976.

Avesta officials to join Outokumpu committee

Outokumpu Oyj's Board of Directors has appointed as members to the Outokumpu Executive Committee Mr Ossi Virolainen, CEO of AvestaPolarit, and Mr Karri Kaitue, Executive Vice President of Strategy and Business Development at AvestaPolarit.

AvestaPolarit appoints

Mr Kari Saarinen has been appointed as Executive Vice President for AvestaPolarit's Marketing and R&D and joins the group's executive committee with effect from 2 September 2002. He will succeed Mr John Newborn, who will retire at the end of October 2002.

Heckett MultiServ wins new contract

Industrial services and products company Harsco Corp. has announced that its Heckett MultiServ division will expand its services at the AvestaPolarit stainless steel works in Sheffield, England, under a new five-year award valued at more than USD 12 million.

BSSA issues first certificate

Gary Nalson from Aalco has become the first student to obtain an intermediate certificate on BSSA's Stainless Steel Specialist Course.

AvestaPolarit to expand hot rolling mill

AvestaPolarit will increase the capacity of its Tornio hot rolling mill from about 1 million tonnes to 1.7 million tonnes per annum.

AvestaPolarit invests in North America

AvestaPolarit's US subsidiary, AvestaPolarit Inc. is enhancing its capabilities in stainless steel long products through investments in new capacity and a long-term hire-rolling cooperation agreement with Allegheny Technologies Incorporated in Richburg, South Carolina.