HYL Technologies, Techint and Danieli Form Alliance
March 30, 2006
HYL Technologies, now part of Techint (http://www.techint-technologies.com), has joined with Danieli to form a strategic alliance, which will allow the companies to join their own know-how and technology for the design and construction of gas-based direct reduction plants to be presented worldwide under the new trademark ENERGIRON. The new trademark highlights the high energy content of the final product from the offered technologies, also able to process multiple typologies of iron ore, including sulphur rich ones and employing reducing gases as different as natural gas, syngas and coke oven gas. The first achievement of this new alliance is the contract for the supply of a steel complex to produce 1.4 mtpy of long-rolled products recently signed by Danieli with General Holding Corp. with the cooperation of HYL Technologies and Techint.