25-WAB Winter 2019-2020

Page 10

.WORK

Funding injection €800m for major international employers NLMK and Google with an eye on sustainability By Andy Furniere

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make its working process more sustainable. Half of the investment comes from the Walloon Region’s investment fund Sogepa and the other half from the group itself. A major part of the investment, €150 million, is being used to modernise the hot rolling

mill at the La Louvière production line. The technology update includes the installation of a new automated system, rolling stands, cooling table and water treatment system. The innovations that will be put into place will enable the creation of

© Courtesy NLMK

n investment of €200 million between now and 2022 should ensure that the steel production site of the Russian NLMK group in La Louvière can strengthen its activity in niche markets interested in highly resistant steel and

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