ArcelorMittal Poland to invest PLN 1 bln in production and environmental upgrades
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ArcelorMittal Poland plans to invest a total of PLN 1 billion this year in improving production and environmental protection. By the end of the year, it will launch a new galvanizing line in Kraków, and install a new converter at its Dąbrowa smelter.
ArcelorMittal Poland CEO Sanjay Samaddar said on Friday that more than PLN 500 million has already gone into the Kraków steelworks. “We want to be part of the infrastructure projects that will be carried out in Poland in the coming years. That’s why we are increasing our production capacity in hot-rolled products by 900,000 tons per year, and galvanized products by 400,000 tons,” Samaddar said.
He noted that after renovation, the Kraków blast furnace has the most modern cooling system in Europe and complies with emission standards that will come into force in two years. “By 2018 we are obliged to carry out a series of investments in order to comply with the EU’s Industrial Emissions Directive (IED).”
ArcelorMittal Poland is the largest steel producer in Poland, accounting for 70 percent of the Polish steel industry's production potential, and employing over 11,000 people.