Tata to promote Welsh locations
Indian steelmaker Tata decided to invest just under 1 billion Euro in the modernisation of their plants in Wales, Great Britain, over the coming 5 years.
Tata committed itself to investments of roughly 300 million Euros on several projects. With about 230 million Euros, Port Talbot´s No. 4 blast furnace BOS gas recovery plant will be rebuilt; this work is scheduled to start in June 2012. Another 65 million Euros are ascribed to the modernisation of BOS gas cooling system, which will significantly contribute to become self-sufficient in energy. Further short-term plans also to be realised at this location represent an investment of more than 300 million Euros.
In Wales, Tata Steel Europe produces carbon steel in their integrated steelworks at Port Talbot and Scunthorpe, whereas at the Rotherham site, special and alloy steels are EAF melted. In addition, downstream facilities are available for rolling, coating and further processing.
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