Erasteel, a 100-percent subsidiary of ERAMET, has inaugurated a new gas atomizing tower at its Söderfors plant in Sweden. Erasteel is the world leader for the production of high-speed steel through the process of gas atomized powder metallurgy. For all applications, tooling, or mechanical components, Erasteel recommends ASP steels produced by powder metallurgy. Thanks to this new facility, Erasteel will be able to extend its product range to new steel grades such as stainless steel, nickel, and cobalt alloys, and to reach new, fast growing markets. This will strengthen Erasteel further as the world leader in powder metallurgy using the gas atomizing process.
In 2011, ERAMET Alloys is commissioning four strategic facilities (powder metallurgy in Sweden, titanium, aluminum and nickel alloys in France). ERAMET Alloys continues to focus its development on new materials that, thanks to their specific properties, enable its customers to increase their performance and meet the challenges of sustainable development. “This investment in a very innovative technology opens new opportunities for Erasteel,” according to Patrick BUFFET, chairman and CEO of the ERAMET Group. “ERAMET benefits from its new technologies to bring to the market new, high performance solutions in the form of gas atomized powders of highly alloyed steels. Sweden holds key competencies in the field of powder metallurgy. This new investment shows our commitment to serve in the long term fast growing markets, like tooling, energy and in particular oil and gas.”
ERAMET is a leading global producer of alloying metals, particularly manganese and nickel, used to improve the properties of steel, and high performance special steels and alloys used in industries such as aerospace, power generation, and tooling. ERAMET is also studying or developing major projects in new metals with high growth potential such as lithium, niobium, and rare earths, as well as in recycling. For more information go online to www.eramet.com and www.erasteel.com.