Fox WIld schreef op 13 september 2023 18:43:
Amsterdam, 13 September 2023 — AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) is proud to announce our partnership with PCC’s TIMET on furnaces for a new, state-of-the-art Titanium melt facility in Ravenswood, West Virginia. The new facility will produce titanium products for the aerospace industry in addition to other business sectors. AMG Engineering was selected to supply the vacuum melting and re-melting furnaces to produce the products. AMG’s scope includes several vacuum arc re-melting, electron beam welding, and electron beam melting furnaces.
In total, the project represents a $500 million investment by PCC. The new facility will be powered by a solar energy, micro-grid using renewable green energy; the first of its kind for PCC.
Dr. Heinz Schimmelbusch, AMG’s CEO, commented, “This partnership serves as a basis for intensifying our technology and signifies one of the largest orders in all of AMG Engineering’s history. We are proud to have been chosen to supply the furnaces for this new facility and look forward to continuing our business partnership with TIMET.”