Outokumpu Completes the Quarto Plate Investment in Sweden

Outokumpu held a customer event in Degerfors, Sweden, to mark the finalization of the EUR 100 million investment project at the quarto plate mill.

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Outokumpu held a customer event in Degerfors, Sweden, to mark the finalization of the EUR 100 million investment project at the quarto plate mill. The investment and associated improvements contribute to cost efficiencies across the production process and further strengthen Outokumpu’s position as a stainless steel plate producer. 

Outokumpu announced the investment plans in June 2010. The investment program entailed upgrades to the whole production process in Degerfors and increased the mill’s capacity by 30 percent to 155 000 tonnes.  

Following the investments, the Degerfors mill can produce flatter plates with even better surface quality, and achieve improved and more efficient production processes with lower emissions. New installed equipment include, a new walking hearth furnace, cold leveler, heat treatment batch furnaces, and associated quencher as well as an updated transfer bed.

Says CEO Mika Seitovirta, "The Degerfors mill expansion project has been an important investment for Outokumpu as we foresee strong market potential for special plate. In addition to increasing our quarto plate production capacity, the investment significantly enhances our production quality and flexibility to meet customer needs.”

The plant in Degerfors is Outokumpu’s biggest production unit for stainless steel quarto plate. The investment is also expected to position Degerfors as the largest single stainless quarto plate mill in the world, the company says.