Aperam Separates Brazil Biomass Unit From ArcelorMittal's
07 Juin 2011 - 7:48AM
Dow Jones News
Stainless steel producer Aperam (APAM.AE) said Tuesday it has
split its Brazilian biomass unit from ArcelorMittal's (MT) biomass
operation.
MAIN FACTS:
- Aperam's biomass operations constitute a leading company in
the sector of biomass production for the steel industry with forest
management, harvesting machinery and carbonisation kilns.
- In 2010, they produced 220,000 tons of charcoal.
- Aperam plans to start to switch all its stainless and
electrical steel production in Brazil from coke to charcoal from
end of June.
- Aperam was spun off from ArcelorMittal earlier this year.
- By Paris Bureau, Dow Jones Newswires; +331-4017-1740;
inti.landauro@dowjones.com
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