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21/11/2014

PAUL WURTH AND SAB TO INCORPORATE VALVE COMPETENCE CENTRE IN LUXEMBOURG

Paul Wurth and SAB to incorporate Valve Competence centre in Luxembourg

Luxembourg, 21 November 2014. On November 21st, 2014, Paul Wurth S.A. and SAB S.àr.l. signed an agreement for setting up an equally-owned joint venture company called VCL Valve Competence Luxembourg.

Paul Wurth, as a leading technology provider for the primary stage of integrated steelmaking, and SAB, an engineering and manufacturing company particularly specialised in blast furnace mechanical components, decided to join forces by creating a Luxembourg-based competence centre for all types of special valves  related to the blast furnace, such as stoves valves, goggle valves, equalising valves and bleeder valves. Additionally, the portfolio of VCL Valve Competence Luxembourg will include blast furnace tuyere stocks of advanced design. The activities of VCL Valve Competence Luxembourg cover engineering, manufacturing, assembly and commissioning with a strong focus on all related after-sales and repair services. The joint business is limited to the European territory.

With the establishment of a common dedicated competence centre, both partners combine their respective engineering and manufacturing capabilities, so as to be able to offer their European customers fast, flexible, tailor-made and secure solutions, which meet the customers’ needs and expectations and are synonym of excellent product quality.

About Paul Wurth

Headquartered in Luxembourg since its creation in 1870, the Paul Wurth Group is a leading player in the global market for design and supply of equipment and plant facilities for the ironmaking industry. Paul Wurth is an established technology provider and supplier of complete blast furnace and coke oven plants. Agglomeration plants, direct reduction plants, environmental protection technologies as well as waste treatment and recycling facilities complete Paul Wurth’s product portfolio focussed on the primary stage of integrated steelmaking. With more than 1600 employees, Paul Wurth is active worldwide, operating entities and affiliated companies in the main iron and steelmaking regions of the world. Paul Wurth is a member of the SMS group.

PAUL WURTH S.A.  ●  32, rue d’Alsace  ●  P.O. Box 2233  ●  L-1022 Luxembourg
Tel. : (352) 4970-1  ●  Fax : (352) 49 70-2209  ●  paulwurth@paulwurth.com  ●  www.paulwurth.com

About SAB

From a company specialised in manufacturing rail systems incorporated in 1999, SAB has been expanding its product range towards components for steelworks, blast furnaces and other industries. Operating a 4 500 sqm production workshop in Grevenmacher (L), SAB provides engineering, manufacturing and commissioning of unit equipment and spare parts. Repair and servicing activities complete the programme. The company has a workforce of about 40 employees and strong customer relationships in European plants.

SAB S.àr.l. ● Zone Industrielle "Am Potaschberg", 19, op der Ahlkerrech ● L-6776 Grevenmacher
Tel.: (+352) 719050 ● Fax: (+352) 719978 ● info@sab.lu ● www.sab.lu

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PAUL WURTH S.A.

 32, rue d'Alsace

 L-1122 Luxembourg

 LUXEMBOURG

 P.O. Box 2233

 L-1022 Luxembourg

 LUXEMBOURG

 Tel.: (+352) 4970-1

 Fax.: (+352) 4970-2209

 paulwurth@paulwurth.com

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