Latest news with #Danieli
Yahoo
23-05-2025
- Business
- Yahoo
Alleima's Kanthal division and Danieli to supply first electric process gas heater for commercial use in DRI
SANDVIKEN, Sweden, May 23, 2025 /PRNewswire/ -- Alleima's Kanthal division and Danieli will supply a pilot-scale electric process gas heater to be installed at Emsteel's Direct Reduced Iron (DRI) plant in Abu Dhabi, UAE, to electrify a part of their existing heating system. The heater is based on Prothal® DH technology and will be the first electric process gas heater for DRI that Kanthal supplies for commercial use - an important step in the ongoing development project. Delivery is planned for the beginning of 2026. Emsteel is UAE's largest steel and building materials manufacturer. The Emsteel plant in Abu Dhabi produces quality long products – heavy sections, bars and wire rods – and features an Energiron DRI plant. By installing a 1-megawatt size electric process gas heater, supplied by Kanthal and Danieli, the company will take another step towards making this low-emission plant even more environmentally friendly. Prothal® DH has been developed and tested by Kanthal and is now being prepared for commercialization together with the strategic partner Danieli. When fully scaled up, this technology has the potential to completely remove the CO2 emissions from the heating process while enhancing energy efficiency. "This pilot is an important step in the development and industrialization of full-scale electric process gas heaters for DRI and other ironmaking applications. We're proud to see that the technology is now being implemented in an end-user production setting, which will enable further opportunities for future sales and commercialization," says Robert Stål, President of the Kanthal division. Kanthal and Danieli signed a strategic partnership agreement to develop and industrialize full-scale electric process gas heaters for DRI and other ironmaking applications in 2024. The heating solution is being developed for hydrogen, natural gas and combinations, thereby enabling retrofitting of existing DRI plants. By installing this technology in Energiron hydrogen-ready DRI plants, fully emission-free DRI production can be achieved. Even for natural gas based DRI plants, a more than 30% reduction of CO2 emissions will be achieved when electrifying the heating system. Sandviken, May 23, 2025 Alleima AB (publ) Contact details Emelie Alm, Head of Investor Phone: +46 (0) 79 060 87 17Yvonne Edenholm, Press and Media Relations +46 (0) 72 145 23 42 About Alleima Alleima, is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden, had approximately 6,500 employees and revenues of about 20 billion SEK in about 80 countries in 2024. The Alleima share was listed on Nasdaq Stockholm's Large Cap list on August 31, 2022 under the ticker 'ALLEI'. Learn more at This information was brought to you by Cision The following files are available for download: Alleima’s Kanthal division and Danieli to supply first electric process gas heater for commercial use in DRI View original content: SOURCE Alleima Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Alleima's Kanthal division and Danieli to supply first electric process gas heater for commercial use in DRI
SANDVIKEN, Sweden, May 23, 2025 /PRNewswire/ -- Alleima's Kanthal division and Danieli will supply a pilot-scale electric process gas heater to be installed at Emsteel's Direct Reduced Iron (DRI) plant in Abu Dhabi, UAE, to electrify a part of their existing heating system. The heater is based on Prothal® DH technology and will be the first electric process gas heater for DRI that Kanthal supplies for commercial use - an important step in the ongoing development project. Delivery is planned for the beginning of 2026. Emsteel is UAE's largest steel and building materials manufacturer. The Emsteel plant in Abu Dhabi produces quality long products – heavy sections, bars and wire rods – and features an Energiron DRI plant. By installing a 1-megawatt size electric process gas heater, supplied by Kanthal and Danieli, the company will take another step towards making this low-emission plant even more environmentally friendly. Prothal® DH has been developed and tested by Kanthal and is now being prepared for commercialization together with the strategic partner Danieli. When fully scaled up, this technology has the potential to completely remove the CO2 emissions from the heating process while enhancing energy efficiency. "This pilot is an important step in the development and industrialization of full-scale electric process gas heaters for DRI and other ironmaking applications. We're proud to see that the technology is now being implemented in an end-user production setting, which will enable further opportunities for future sales and commercialization," says Robert Stål, President of the Kanthal division. Kanthal and Danieli signed a strategic partnership agreement to develop and industrialize full-scale electric process gas heaters for DRI and other ironmaking applications in 2024. The heating solution is being developed for hydrogen, natural gas and combinations, thereby enabling retrofitting of existing DRI plants. By installing this technology in Energiron hydrogen-ready DRI plants, fully emission-free DRI production can be achieved. Even for natural gas based DRI plants, a more than 30% reduction of CO2 emissions will be achieved when electrifying the heating system. Sandviken, May 23, 2025 Alleima AB (publ) Contact details Emelie Alm, Head of Investor Phone: +46 (0) 79 060 87 17Yvonne Edenholm, Press and Media Relations +46 (0) 72 145 23 42 About Alleima Alleima, is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden, had approximately 6,500 employees and revenues of about 20 billion SEK in about 80 countries in 2024. The Alleima share was listed on Nasdaq Stockholm's Large Cap list on August 31, 2022 under the ticker 'ALLEI'. Learn more at This information was brought to you by Cision The following files are available for download: Alleima’s Kanthal division and Danieli to supply first electric process gas heater for commercial use in DRI View original content: SOURCE Alleima Sign in to access your portfolio
Telegraph
27-03-2025
- Business
- Telegraph
Jeff Bezos to hold star-studded three-day wedding in Venice
The location of Jeff Bezos's highly-anticipated second wedding was apparently given away by the mayor of Venice after he boasted the celebrations will generate millions for the city. The billionaire founder of Amazon is to tie the knot with his fiancee Lauren Sáchez, a former television journalist, amid the cupolas, spires, stone bridges and squawking seagulls of Venice, according to Luigi Brugnaro. 'This event will bring economic returns of millions of euros to the city,' Mr Brugnaro said on Thursday. The three-day celebration, which will take place between June 24 and 26 promises to be a bonanza for hoteliers, restaurant owners, water taxi drivers and gondoliers. It will be the biggest celebrity wedding in the World Heritage city since George Clooney married human rights lawyer Amal Alamuddin a decade ago. The guest list for the Bezos nuptials reportedly includes Donald Trump's daughter Ivanka and her property developer husband Jared Kushner, Kim Kardashian, the actress Eva Longoria, British actor Orlando Bloom and his fiancée, pop star Katy Perry, and Oprah Winfrey. According to reports in Italy, Venice's entire fleet of water taxis has already been reserved by the couple to ferry their guests around, and the top hotels are fully booked, from the legendary Gritti Palace to the Danieli and the Belmond Hotel Cipriani. A suite with a Grand Canal view at the Gritti Palace costs more than €9,000 (£7,500) a night in June. At the Hotel Danieli, a luxury room with a view of the lagoon costs around €4,000 (£3,300) a night. The nuptials will be organised by a British event organiser, Lanza & Baucina, according to the Italian press. The London firm has a reputation for organising grand events for the super wealthy and prides itself on its discretion. 'We have worked on every continent and are responsible for masterminding the world's most exclusive, private and spectacular parties,' the agency says on its website. 'Discretion is paramount to us. We have no social media presence and no examples of previous work are published.' One of the founders of the company is said to own a house in Venice. Money will presumably be no object for Mr Bezos, who is ranked by Forbes the second richest person on the planet, with a fortune valued at $218bn (£168bn). He and his fiancée are expected to arrive in Venice on board his yacht, which cost $500m (£386m) to build. It is named the Koru, which is a Maori word for loop or coil. Sporting three huge masts, it is the largest sailing yacht in the world at 410ft in length and costs around $30 million a year to run. There is feverish speculation over where the wedding will take place. One venue being touted is the Palazzo Ducale or Doge's Palace, the Gothic-arched former seat of the doges who ran Venice as a maritime trading power for nearly 1,000 years. Or it may be that Mr Bezos opts for the Arsenal, a historic complex of slipways, boat sheds, workshops and canals where for generations the Venetians built their warships. Another option is said to be the Fondazione Cini, a cluster of picturesque stone cloisters, courtyards and bell towers on the island of San Giorgio in the lagoon. Once known as the Isola dei Cipressi or Island of Cypresses, San Giorgio evolved into an important Benedictine monastery. The nuptials come two years after Mr Bezos, 61, proposed to 55-year-old Ms Sánchez. He gave her a 20-carat diamond ring reportedly worth $2.5 million. Ms Sánchez later said she had 'blacked out a bit' when she first saw the ring. 'We're still thinking about the wedding, what it's going to be. Is it going to be big? Is it going to be overseas? We don't know yet. We've only been engaged five months,' she said previously. They held an engagement party in August 2023 on board the Koru, anchored off Positano on the Amalfi Coast, with the guest list including Queen Rania of Jordan, Bill Gates, Leonardo DiCaprio and Spiderman actor Tobey Maguire. The Amazon founder and owner of The Washington Post had four children with his first wife, MacKenzie Scott, but they divorced in 2019 after 25 years of marriage. Ms Sánchez has two children with her first husband, Patrick Whitesell.
Reuters
10-03-2025
- Business
- Reuters
Danieli, newcleo to explore nuclear-powered green steel production
MILAN, March 10 (Reuters) - Danieli ( opens new tab, an Italian group that builds iron and steel making plants, and newcleo said on Monday they signed a memorandum of understanding to explore the integration of the nuclear firm's small advanced reactor technology into steel-making.
