Posted on 11 Oct 2012
TENOVA STRIP PROCESSING TO SUPPLY A GALVANIZING LINE AND A COLOR COATING LINE TO SOUTHERN STEEL SHEET CORPORATION, VIETNAM STEEL GROUP
Milan, October 11, 2012 – Tenova Strip Processing has signed two contracts with Southern Steel Sheet
Corporation (SSSC), a Joint Venture of Vietnam Steel Group with Sumitomo (Japan) and Federal Iron
Works (Malaysia) for the production of high quality galvanised and color coated coils.
The new project takes place at the new SSSC plant in the industrial zone of Nhon Phu, Dong Nai Province,
70 km from Ho Chi Minh City and was awarded during the Ceremony for the 17th Anniversary of SSSC
foundation. During such event, SSSC celebrated the always improving sales figures obtained on the Market
in last years, thanks to high attention to quality of final products.
The project shall be completed in 26 months and is composed by:
? A galvanizing line using cold rolled low carbon steel as feedstock to produce150,000 t / year of
aluminium-zinc or zinc coated carbon coils
? A color coating line using galvanized products or cold rolled steel to produce 70,000 t / year of color
coated coils.
These two lines are based on the most sophisticated technologies to meet high-quality demand in local
market and neighbouring Countries, mainly for construction and architectural applications in tropical climatic
conditions.
Tenova, particularly sensitive to environmental aspects, takes advantage of the most advanced solutions in
strict compliance with regulations and safety norms, in order to guarantee indexes of emissions in line with
European or American standards.
Tenova took also advantage from a recent Vietnamese policy, which grants licenses only to new projects
based on advanced technologies for products with high standards, ensuring a quick return on investment
and respecting the environment and worker safety.
In recent years Tenova has been awarded other important projects in Vietnam, and in 2010 a representative
office was opened in Ho Chi Minh City, in order to develop closer commercial relations in Vietnam and
neighbouring Countries.