TPT March 2019

I NDUS T RY

Fives signs multi-million dollar agreements FIVES signed cooperation agreements worth more than $150mn during the China International Import Expo (CIIE). The group’s top managers and executives attended the inaugural event in Shanghai in November last year, where they signed deals with Chinese companies in the automotive, aerospace, energy and steel sectors, including steelmakers Baowu Steel Group, Benxi Steel Group and Fujian Special Steel. China’s head of state, Xi Jinping, opened the event with a keynote speech calling on attendees to work together for an open global economy that is innovative and inclusive. are designed for use in the steel industry, enable the automation of process controls and real-time quality management. The cooperation

president of Fives’ steel business line. His presentation during the technical forum on urban steel mills, organised by China Baowu Steel Group, covered eco-designed equipment, smart lines, including disruptive heating and cooling technologies, and fully automatic process management. Fives has been present in China since 1890. It has nine legal entities and workshops in the country with more than 500 employees.

agreements signed with Chinese steelmakers will allow us to jointly develop the steel-making technologies of the future for the Chinese market as well as for global export,” said Guillaume Mehlman, president of the steel and glass business lines at Fives. “Industrial intelligent solutions will be a driving force for steelmakers to meet the requirements of a green city,” added Stéphane Mehrain, vice-

More than 3,600 enterprises present took up the challenge, taking the opportunity to share high-end intelligent equipment solutions for different industriesacrosstheexhibitionspace.The Fives stand showcased the company’s advanced and environmentally friendly technologies and digital solutions for steel processing. “Fives’ digital solutions, which

Fives – France Website: www.fivesgroup.com

THE ORIGINAL

15

www.read-tpt.com

MARCH 2019