Aperam and Tekna are announcing the signature of a Memorandum of Understanding (MoU) on industrial cooperation regarding spherical powder manufacturing of Nickel Superalloys and Steels dedicated to new advanced manufacturing technologies

Sherbrooke, November 6,  2018 – Tekna and Aperam have entered into a Memorandum of Understanding to state the conditions for an industrial cooperation to develop jointly high quality spherical metal powders to meet the growing needs of additive manufacturing and metal injection molding in all industrial segments. This industrial partnership will benefit from the existing know how, expertise and industrial facilities of both Aperam and Tekna located worldwide.

Luc Dionne, CEO of Tekna Plasma Systems, commented “This agreement is a major step in Tekna's growth strategy in the markets of additive manufacturing. Tekna is proud to team up with Aperam, a partner whose dynamism, innovation and reputation are widely recognized in the industry.”

Timoteo Di Maulo, CEO of Aperam, commented: “We are very proud of today’s agreement with Tekna which is part of our strategy to further transform our business, and address next generation needs of our customers through new technologies. This collaboration also enables us to further consolidate our leading position in the Nickel alloys and specialty steels markets.”

About Tekna

Tekna, a subsidiary of Arendal Fossekompani ASA (AFK: NO), has been conducting research, development and manufacturing of plasma induction systems and metal powders for more than 25 years. Today, Tekna (headquartered in Canada) is a world-renowned actor for the quality of its products and its ability to respond quickly to the growing demands of its customers.

About Aperam

Aperam is a global player in stainless, electrical and specialty steel, with customers in over 40 countries. The business is organized in three primary operating segments: Stainless & Electrical Steel, Services & Solutions and Alloys & Specialties.

Aperam has 2.5 million tonnes of flat Stainless and Electrical steel capacity in Brazil and Europe and is a leader in high value specialty products. Aperam has a highly integrated distribution, processing and services network and a unique capability to produce stainless and specialty from low cost biomass (charcoal). Its industrial network is concentrated in six production facilities located in Brazil, Belgium and France.

In 2017, Aperam had sales of EUR 4.5 billion and shipments of 1.94 million tonnes.

For further information, please refer to our website at www.aperam.com

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Contacts

Aperam / Corporate Communications / Laurent Beauloye: +352 27 36 27 103
Aperam / Investor Relations / Thorsten Zimmermann: +352 27 36 67 304
Tekna / Media Contact / Rémy Pontone: +33 6 70 05 97 95 / remy.pontone@tekna.com