According to EIB website, the project, to be carried out in Belgium and France over the period 2018-2021, concerns investments in a stainless steel advanced manufacturing cold rolling mill and finishing equipment. It will also finance the modernisation programmes of two stainless steel plants located in cohesion regions.
Further, it aims to strengthen the promoter's market position in a specific stainless steel grade segment by replacing obsolete downstream equipment with a new high-tech, highly automated advanced manufacturing line which will also slightly increase downstream manufacturing capacity of a high value added product.
No contact information provided at the time of disclosure.
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