October 6, 2011 ERASTEEL opened a new atomizing tower, the Durin tower, at its Söderfors plant in Sweden.

The ceremony took place in the presence of Patrick Buffet, Chairman and CEO of ERAMET Groupe, Georges Duval, Chairman of ERAMET Alloys Division, Philippe Gundermann, CEO of Erasteel and Aubert & Duval, Victor Polard, Chief Strategy Officer of ERAMET Alloys and Pierre Blanchard, Managing Director of Erasteel Kloster.

This new equipment represents an investment of around 20 M€. Construction was on time and on budget. The plant’s capacity after this investment will reach 14,000 tons per year. This will strengthen ERASTEEL further as the world leader in powder metallurgy using the gas atomizing process. Thanks to this new facility, ERASTEEL will be able to extend its product range to new steel grades, such as stainless steel, nickel and cobalt alloys, and to reach new, fast growing markets.

ERASTEEL is the world leader for the production of high speed steel through the process of gas atomized powder metallurgy.