TPi May 2017

business & market news RSA wins innovation award in separation technology category

RSA cutting systems GmbH has won the MM Award 2016 in the ‘separation technology’ category, with the layer saw Rasacut LS 150, which was introduced in April 2016. The award, which recognises innova- tions in metal processing that benefit users, the environment and society, was presented to RSA managing director Thomas Berg and development manager Stephan Feldhoff during a ceremony at the AMB international exhibition for metal processing in Stuttgart, Germany. RSA produces cold circular saws, de-burring systems, industrial brushes and saw blades for the global market. The products are used in the automotive and furniture industry as well as in the steel trade. By using newly developed servo clamping, the layer saw Rasacut LS 150 can saw especially thin-walled tubes, tubes with a difficult ratio between diameter and wall thickness, and tubes with a stability higher than 1,200N/mm² International industrials and metals group Liberty House has signed an agreement with Tata Steel UK to acquire its Speciality Steels business for a total consideration of £100mn. The deal secures the future of around 1,700 jobs directly, and thousands more in the supply chain and regional economy. The sale follows an extensive due diligence period, after the parties entered exclusive discussions in November 2016. It will make Liberty one of the largest steel and engineering employers in the UK, with more than 4,000 workers at plants located across the country.

Rasacut LS 150 won the MM Award 2016

production steps like de-burring, chamfering, checking, washing, drying and unloading can be executed. RSA cutting systems GmbH – Germany rsa.d@rsa.de www.rsa.de

in single, double and triple cut. It can replace three cold circular saws or four band saws. It can produce workpieces that previously required complex laser processing, and after sawing

Deal sealed for Liberty to acquire Tata’s Speciality Steels business

to advanced engineered products. The group is already a Tier 1 supplier of steel components to the automotive and aerospace sectors and the Speciality business will allow it to expand its product range. Commenting on the agreement, Sanjeev Gupta, executive chairman of the Liberty House Group, said, “I am proud that we are acquiring a world-class business with a very skilled workforce and broad range of high- value products. It is one of only a handful of such operations in the world and I am confident it will flourish within our group.” Liberty House – UK www.libertyhousegroup.com

Speciality Steels, which makes high- value steels for the aerospace, auto- motive and oil and gas industries, has manufacturing facilities in Rotherham, Stocksbridge and Brinsworth in South Yorkshire, and Wednesbury in the West Midlands, as well as service centres located in Bolton, and in China. The business has the capability to make around 1.1mn tonnes of liquid steel per year from recycled scrap, melted in two electric arc furnaces at Rotherham. This steel feeds downstream casting, re-melting and rolling processes, producing a range of high-value steels. Liberty House has a vertically integrated business model ranging from the production of raw steel and aluminium

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May 2017 TUBE PRODUCTS INTERNATIONAL