Aperam’s Strategic Expansion in LNG Market
In an effort to meet the growing global demand for Liquid Natural Gas, Aperam S.A., a major player in the production of stainless steel, electrical alloys, and specialty materials, has launched a state-of-the-art straightening and cutting line at its Aperam Alloys Imphy site in France. This investment is geared towards enhancing Aperam's production capacity to meet the increasing requirements of the LNG market, particularly from shipbuilders in Korea and China, two key regions driving demand for LNG tankers.
The rising global shift towards LNG usage, combined with the significant demand for LNG containment systems, has created a need for suppliers to ramp up production. Aperam's expertise in high-quality, precision-driven manufacturing has positioned the company to capitalize on this shift by expanding its capability to produce INVAR® M93, a critical alloy used in GTT’s NO96 technology, which is employed in LNG containment systems.
Doubling Capacity with Advanced Technology
The newly launched line is designed to mirror Aperam’s existing line but with several technological advancements aimed at improving both production efficiency and product quality. Notably, the line will double Aperam's global production capacity in the INVAR® M93 segment, which is expected to significantly bolster the company’s supply chain resilience for the LNG sector.
The line is engineered for precision and efficiency, enabling the production of strakes (long flat pieces of metal) up to 50 meters in length, 536 mm in width, and with a thickness of less than 1 mm. These strakes are produced in 150 kg coils, ensuring that they meet the rigorous specifications demanded by LNG tankers. By increasing production volume and optimizing the manufacturing process, Aperam is poised to further solidify its position as a leading supplier to the LNG tanker industry.
Commitment to Sustainability and Innovation
In line with Aperam's long-standing commitment to sustainability, the new line integrates energy-efficient motors that reduce overall energy consumption, making the manufacturing process more environmentally friendly. This is part of Aperam's broader efforts to achieve decarbonization goals while maintaining its leadership in high-value segments such as LNG and specialty alloys.
Additionally, the investment reflects Aperam’s focus on continuous technological innovation. The company has recently made other significant investments, including the development of a new Hot Rolling Mill (HRM) at the Imphy site, which is setting new industry benchmarks for productivity and innovation. These advancements help Aperam maintain a competitive edge across its diverse product offerings, which include high-performance alloys used in industries such as aerospace, automotive, and welding consumables.
Economic Impact and Local Employment
Aperam’s strategic investment in the new straightening and cutting line has also created 35 new jobs, contributing to the local economy and strengthening the company’s presence in the region. The creation of local jobs and investment in the community is a key component of Aperam’s broader strategy to foster growth and economic stability in the regions where it operates.
Expansion into Advanced Manufacturing Technologies
In addition to the new cutting line, Aperam plans to further enhance its production capabilities by commissioning a Vacuum Arc Remelting (VAR) furnace. This cutting-edge technology will allow Aperam to produce materials of exceptional quality, adhering to the highest industry standards. The VAR furnace will be an essential part of the company’s commitment to product innovation and high-end manufacturing.
With each technological upgrade, Aperam not only improves the quality of its products but also enhances the safety of its operations and reduces CO₂ emissions, reinforcing its commitment to sustainability and environmental stewardship.
Key Takeaways:
• Aperam has launched a new straightening and cutting line at its Imphy site in France to meet rising demand in the LNG market, particularly from shipbuilders in Korea and China.
• The new line will double Aperam's global production capacity for INVAR® M93, a key alloy used in GTT’s NO96 LNG containment technology.
• The line produces strakes up to 50 meters long, 536 mm wide, and less than 1 mm thick, delivered in 150 kg coils.
• The expansion aligns with Aperam's sustainability goals, incorporating energy-efficient motors to reduce overall energy consumption in the manufacturing process.
• The new facility has created 35 new jobs, contributing to the local economy and strengthening Aperam’s regional presence.
• Aperam continues to invest in advanced manufacturing technologies, including the installation of a new Vacuum Arc Remelting (VAR) furnace, to produce high-quality materials for various high-performance industries.
• The company’s broader strategy includes continuous technological advancements and a focus on decarbonization, improving both product quality and operational safety.
