Constellium successfully invests in its French Neuf-Brisach plant’s modernization
New York, 24 July, 2013 – Constellium N. V. (NYSE and NYSE Euronext:CSTM), a global leader in the manufacturing of value-added aluminium products has achieved a significant milestone in further enhancing the capacity and performance of one of its main rolling mills, which enhancements were undertaken in order to meet growing customer demand and to further optimize production processes.
Two major projects, representing a total investment of €23 million, have been successfully implemented at Constellium’s rolling and recycling Neuf-Brisach facility in France. The plant is a major supplier and recycler of rolled aluminium products to the beverage, food packaging and automotive markets.
The first project modernized a casting complex dedicated to rolling slab production, delivering safety and quality improvements and increasing casting capacity
The second project involved the complete replacement of a pusher furnace, dedicated to the homogenization and preheating of slabs before rolling. The replacement is expected to lower energy consumption while increasing throughput and optimizing quality.
“We will continue to invest in the modernization and development of the assets that we expect will support Constellium’s sustainable growth for the benefit of our customers in the years to come,” commented Laurent Musy, President of Constellium’s Packaging and Automotive Rolled Products business unit.
Two new similar projects, also involving the modernization of an additional casting complex and the replacement of another pusher furnace have been launched for start up in 2014.
Forward Looking Statements
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Nicolas Brun – Communications
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Richard Ham – Investors Relations Europe
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