Acerinox to invest €67 million in VDM Metals, boosting powder production

Companies & MarketsNews
January 25, 2024

January 25, 2024

VDM Metals will receive a €67 million investment from parent company Acerinox (Courtesy VD Metals)
VDM Metals will receive a €67 million investment from parent company Acerinox (Courtesy VD Metals)

Acerinox Group, Madrid, Spain, has announced plans to invest €67 million in VDM Metals, its high-performance alloys (HPA) division. The funds will be allocated to German facilities in Unna, Altena and Werdohl, with three new remelting units and a second powder atomisation plant being built at the Unna site.

VDM Metals produces nickel alloys and high-alloy special stainless steels in sheet, strip, bar, wire and powder form. The investment will enable the company to expand production capacity across its range of products.

THE WORLD OF METAL AM TO YOUR INBOX
Subscribe to our weekly newsletter
Sign up

VDM has represented the Acerinox’s HPA division since March 2020. In 2022, VDM Metals achieved a turnover of €1.262 billion and a record EBITDA of €125 million; finished goods production amounted to 44,000 tonnes. VDM Metals employs over 2,000 people worldwide, around 1,600 of whom work at the Unna, Altena and Werdohl sites.

www.vdm-metals.com

acerinox.com

Download Metal AM magazine
Companies & MarketsNews
January 25, 2024

About Metal Additive Manufacturing magazine

Metal AM magazine, published quarterly in digital and print formats, is read by a rapidly expanding international audience.

Our audience includes component manufacturers, end-users, materials and equipment suppliers, analysts, researchers and more.

In addition to providing extensive industry news coverage, Metal AM magazine is known for exclusive, in-depth articles and technical reports.

Our focus is the entire metal AM process from design to application.

Each issue is available as an easy-to-navigate digital edition and a high-quality print publication.

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • Fly-by-wire: How Additive Manufacturing took to the skies with Norsk Titanium
  • Dynamic beam shaping: Unlocking productivity for cost-effective Laser Beam Powder Bed Fusion
  • Enabling the fusion energy revolution: Mastering tungsten with PBF-EB Additive Manufacturing
  • Patents and Additive Manufacturing: What insights can mining PBF-EB data reveal about the industry and the technology?
  • Additive Manufacturing for Semiconductor Capital Equipment: Unlocking critical supply chains
  • Can Additive Manufacturing lower the carbon footprint of parts for the energy and maritime industries?
  • Inspect Additive Manufacturing, stop monitoring: Phase3D’s unit-based, in-process inspection solution for powder bed AM

The world of metal AM to your inbox

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Sign up

Looking for AM machines, metal powders or part manufacturing services?

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data
View online

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Share via
Copy link
Powered by Social Snap