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16/03/2012

Arvedi Tubi Acciaio S.p.A.

ILTA INOX VERVOLLSTAENDIGT DAS FÜNFJAEHRIGE INVESTIONSPROGRAMM

2011 - 03 - 25 - ILTA INOX PRESS RELEASE

ILTA INOX (Cremona, Italy), an Arvedi Group company that operates in the stainless steel tube sector, closed its 2010 balance sheet with a turnover that has risen to 200 million euros. Thanks to a €50-million investment programme which was concluded in 2010 it has become one of the world’s most important laser-welded stainless steel tube manufacturers with a capacity of over 70,000 tonnes/year.

The investments mainly concerned the modernization of the welding lines and annealing and pickling plants and have ensured a 30% increase in productivity; the production range was also expanded and now covers diameters from 8 to 762 mm.

The company is the leader in Europe for the production of process tubes, in particular for the food and chemical industries, sectors where quality and service are essential; service is guaranteed by highly flexible production and a vast range of products available in stock to supply the required material in less than a week.

Cremona, 25th March 2011