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Paul Wurth becomes MIDREX Process construction licensee
Kobe Steel, Ltd. of Japan and Paul Wurth S.A. of Luxembourg have signed a construction license agreement for marketing, designing and erecting MIDREX® Direct Reduction Plants around the world.
Paul Wurth S.A. thereby joins Kobe Steel, Ltd., Siemens VAI Metals TechnologiesGmbH, and Midrex Technologies Inc. as a construction licensee for MIDREX® Direct Reduction Plants. Kobe Steel assigns a specific construction licensee to build each MIDREX® Plant around the world. The MIDREX® Process is the most widely used direct reduction process, accounting for approximately 80% of the world’s annual gas-based DRI production and 60% of the world’s total annual production.
By this agreement, Paul Wurth has reinforced its already favourable relationship with Kobe Steel.
Photo description
Shohei Manabe, Executive Officer, Kobe Steel, and head of the Iron Unit Division and Marc Solvi, Chief Executive Officer, Paul Wurth, shake hands after signing the construction license agreement. Standing in back are Hiroshi Ishikawa, General Manager of the Iron Unit Division, Kobe Steel; Thomas Hansmann, Chief Technology Officer, Paul Wurth; and James D. McClaskey, President and Chief Executive Officer, Midrex.