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| Arvedi and Siemens to build world's first Arvedi ESP plant  The Italian steel producer Acciaieria Arvedi S.p.A. (Cremona) will build the world's first Arvedi ESP - Endless Strip Production - plant which will continuously produce finished steel strip from liquid steel in an endless process. The combination of different and up until now separate process steps in a single production process will enable the direct and continuous production of high quality steel strip and thus result in significantly lower production costs. The partner of Arvedi for this unique production process is Siemens VAI.Both companies have established a joint venture company, Cremona Engineering srl, which is responsible for the development and design of the new plant and which will also market this technology on a worldwide basis in the future. The first plant is already scheduled for start-up in 2008 in Cremona. Over the next years the total planned investment in the Cremona works for the enlargement of the production capacity will be approximately EUR 300 million. write your comments about the article :: © 2006 Construction News :: home page |