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Corporation
INDUSTRIALS | Construction
paulwurth.com

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Investments

1

Partners & Customers

10

About Paul Wurth

Paul Wurth plans and builds complete blast furnace plants, cooking plants, and waste processing plants for the primary phase of steelmaking.On April 21, 2021, Paul Wurth was acquired by SMS Group. The terms of the transaction were not disclosed.

Paul Wurth Headquarter Location

32, rue d'Alsace

Luxembourg City, 1122,

Luxembourg

(+352) 4970-1

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Latest Paul Wurth News

SMS group to deploy Blast Furnace decarbonization technology for MMK

Jan 19, 2022

SMS group to deploy Blast Furnace decarbonization technology for MMK Ansprechpartner:in Herr Charles de Lusignan +352 49 70 22 36 Hydrogen and carbon monoxide replace a large proportion of solid carbon fuels Injection of synthesis gas into the blast furnace shaft reduces CO2 emissions and increases productivity SMS group will improve the efficiency of Magnitogorsk Iron & Steel Works (MMK) processes with the use of ‘syngas’, a combination of hydrogen and carbon monoxide which replaces a portion of the solid carbon fuels – setting the stage for greater decarbonization potential in the future. “We are excited to be able to work further with MMK to develop and deploy these innovative solutions”, said André Schneider, CEO of SMS group Region CIS. “With our support, our customer will be able to quickly achieve substantial CO2 emission reductions with a relatively limited investment”. Blast Furnace 11 was ordered in June 2021 and is to be a completely new project. It will use enhanced techniques, developed by SMS group company Paul Wurth. It will achieve very high standards of environmental performance. These new technologies can also be used in existing Blast Furnaces, thus enabling CO2 emissions to be reduced at existing sites around the world. “Part of our contribution to these projects is the production technology and workflow for the use of syngas – which can be injected into the blast furnace shaft”, said Dr. Thomas Hansmann, Head of Metallurgy for SMS group and CTO for Paul Wurth. “The degree of emissions reduction possible from this technique is potentially substantial. The system is flexible, allowing for a general increase in productivity”. SMS group has 150 years of experience in steel technology and equipment, supporting clients, such as MKK, around the world. Our regional hubs and our expanded portfolio of products and services means we can provide tailored help to our local customers. SMS group provides a range of assistance, including the construction, maintenance and servicing of whole Blast Furnaces through its group company Paul Wurth, and Direct Reduction Furnaces under license from Midrex®. SMS group technology solutions support the global steel sector’s transformation towards its low-carbon, green steel future. Pressemitteilung teilen:

Paul Wurth Investments

1 Investments

Paul Wurth has made 1 investments. Their latest investment was in Sunfire as part of their Series C on January 1, 2019.

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Paul Wurth Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/7/2019

Series C

Sunfire

$28.62M

Yes

3

Date

1/7/2019

Round

Series C

Company

Sunfire

Amount

$28.62M

New?

Yes

Co-Investors

Sources

3

Paul Wurth Partners & Customers

10 Partners and customers

Paul Wurth has 10 strategic partners and customers. Paul Wurth recently partnered with NextChem on June 6, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

6/8/2021

Partner

Italy

11:13 ET NextChem and Paul Wurth Join Forces to Develop Innovative Low-carbon Solutions for the Steel Industry

On the path of the energy transition and industry decarbonisation , NextChem and Paul Wurth will combine their respective knowledge and expertise to study the integration of electrolysis technology into the syngas production scheme , with the aim of producing low-carbon steel at a competitive cost .

5

6/8/2021

Partner

Italy

NextChem and Paul Wurth join forces to develop innovative low-carbon solutions for the steel industry

NextChem and Paul Wurth join forces to develop innovative low-carbon solutions for the steel industry .

1

10/13/2020

Client

Sweden

First stage of coke oven revamp project successfully completed at SSAB – Paul Wurth

At the beginning of 2020 , SSAB has chosen Paul Wurth to carry out , on EPC basis , a revamp of parts of its coke battery at Luleå steel works in northern Sweden , which focuses on battery life extension and emissions reduction .

1

3/5/2020

Client

Sweden

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10

3/5/2020

Client

Sweden

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10

Date

6/8/2021

6/8/2021

10/13/2020

3/5/2020

3/5/2020

Type

Partner

Partner

Client

Client

Client

Business Partner

Country

Italy

Italy

Sweden

Sweden

Sweden

News Snippet

11:13 ET NextChem and Paul Wurth Join Forces to Develop Innovative Low-carbon Solutions for the Steel Industry

On the path of the energy transition and industry decarbonisation , NextChem and Paul Wurth will combine their respective knowledge and expertise to study the integration of electrolysis technology into the syngas production scheme , with the aim of producing low-carbon steel at a competitive cost .

NextChem and Paul Wurth join forces to develop innovative low-carbon solutions for the steel industry

NextChem and Paul Wurth join forces to develop innovative low-carbon solutions for the steel industry .

First stage of coke oven revamp project successfully completed at SSAB – Paul Wurth

At the beginning of 2020 , SSAB has chosen Paul Wurth to carry out , on EPC basis , a revamp of parts of its coke battery at Luleå steel works in northern Sweden , which focuses on battery life extension and emissions reduction .

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Sources

5

1

1

10

10

Paul Wurth Team

3 Team Members

Paul Wurth has 3 team members, including current Chief Executive Officer, Chief Operating Officer, Georges Rassel.

Name

Work History

Title

Status

Georges Rassel

Chief Executive Officer, Chief Operating Officer

Current

Frank Wagener

Chief Financial Officer, Chief Administrative Officer

Current

Thomas Hansmann

Chief Operating Officer, Chief Technology Officer, Managing Director

Current

Name

Georges Rassel

Frank Wagener

Thomas Hansmann

Work History

Title

Chief Executive Officer, Chief Operating Officer

Chief Financial Officer, Chief Administrative Officer

Chief Operating Officer, Chief Technology Officer, Managing Director

Status

Current

Current

Current

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