voestalpine Group is expanding its portfolio in the section tubes segment, as the product range of welded hollow sections from voestalpine Krems (Austria) will now be supplemented by seamless hollow sections from voestalpine Tubulars at the Kindberg (Austria) site
The company purchased the related equipment, including all rights, from Vallourec Germany. voestalpine Tubulars has many years of experience in the production of seamless round tubes, and will thus be able to produce square and rectangular hollow sections up to large formats and wall thicknesses seamlessly hot-rolled in the future.
The world of voestalpine Tubulars is based on seamless high-tech tubes that withstand the toughest conditions day after day. The company promises top performance based on the core values of customisation (customised product solutions), innovation, social responsibility and sustainability for all business areas - oil & gas, commercial vehicle industry, boiler tubes, crane construction tubes, mechanical engineering, geothermal and hydrogen applications. With more than 50 production, R & D, sales offices and licensees on five continents, the company offers customer proximity and comprehensive customer service, working to the highest quality standards. The result: safe, reliable, sustainable products and product solutions.
The voestalpine Metal Engineering Division is the global market leader in railway infrastructure systems and associated signalling technology. The division is also the European market leader in quality wire and a leading provider of full welding solutions. In addition, seamless pipes are supplied all over the world from the Kindberg site in Austria. Customer segments include the railway infrastructure industry, the oil & gas industry, the mechanical engineering and automotive industries, as well as the construction industry. In the business year 2021/22 the division and its Railway Systems and Industrial Systems business units generated a revenue of around EUR 3.4bn, of which over 40% was generated outside Europe.
In its business segments, voestalpine is a globally leading steel and technology group with a unique combination of materials and processing expertise. It has around 500 Group companies and locations in more than 50 countries on all five continents. In the business year 2021/22, the Group generated a revenue of EUR 14.9 billion, with an operating result (EBITDA) of EUR 2.3 billion; it had approximately 50,200 employees worldwide.
voestalpine is committed to global climate goals and is pursuing a clear plan to decarbonise steel production with greentec steel.
For further information contact:
voestalpine Tublars GmbH & Co KG
Alexandra Zelisko - Director Public Relations & Corporate Development