According to the company, the deal is aimed at further expanding Andritz's steel refining portfolio and strengthening its position as a full-scale technology supplier to the steel industry.
The acquisition significantly strengthens Andritz's offering in the field of electrical steel processing. By integrating Sanzheng's expertise, Andritz now provides a complete portfolio of induction heating technologies, enabling it to supply complete process solutions for electrical steel processing lines, as well as for galvanizing, annealing and forging.
The advantages of efficiency and decarbonization are emphasized
Andritz stated that the integration of induction heating technologies enhances its ability to offer more efficient and sustainable solutions to steel producers. Induction heating is considered as a key technology for improving energy efficiency and reducing the carbon footprint of steel mills.
Sanzheng technologies are already widely used not only in the steel industry, but also in industries such as automotive, mechanical engineering, paper production and building materials.
