Stainless Steel World Magazine December 2023 | Page 56

[ Industry Update ]

[ Industry Update ]

3D printing expected to grow to USD 100bn
Singaporean companies that use 3D printing for manufacturing account for 40 % of the ASEAN market , which is expected to grow to USD 100bn ( SD 136bn ) by 2025 . Additive manufacturing can unlock the doors to sustainability , supply chain resilience and innovation , and attract new companies that will create an impact across other sectors . To foster the rapid growth of this new technique , there are plans to launch the Digital Design Innovation Centre ( DDIC ) in Singapore next year , as well as an academy to train professionals and technicians . Although startups and large enterprises can also make use of the design centre , it is there to support SMEs because they employ the bulk of the Singapore workforce . The academy would not only focus on the 3D-printing skills but also help to develop the entire value chain , providing job accreditation and certification across the entire spectrum of qualifications needed to meet the industry ’ s demand for skilled manpower .
Group , based in Lucerne and Düsseldorf , is delighted to have won against extremely strong competition . When the finalists and winners of the German Sustainability Award meet in Düsseldorf , this prestigious award will be presented for the 16th time . The DNP has been awarded annually since 2008 by the Stiftung Deutscher Nachhaltigkeitspreis e . V . and its cooperation partners . These include the German government , the German Council for Sustainable Development , municipal associations and business associations . The German Sustainability Award is an award that focuses entirely on the topic of sustainability . The award honors exemplary sustainability achievements in business , municipalities and research . With five competitions , over 800 applicants and around 2,000 guests at the closing ceremony , it is the largest award of its kind in Europe . With expertise , a sense of proportion and courage , the 140 jurors of the DNP for companies have chosen those companies that , in their view , are leading the sustainable transformation in their industries this year . Their choices recognizably reflect the breadth and depth of transformation . The finalists in the metals industry included 4 very strong companies , among which Swiss Steel Group emerged as the winner .
Stamicarbon signs contracts with Shandong Lianmeng in China
Alleima : major oil & gas orders
Alleima has received two major orders in the oil and gas segment ; for advanced tubes and umbilicals , the other for corrosion-resistant alloy OCTG tubes ( Oil Country Tubular Goods ). The total value amounts to approximately SEK 450M . The umbilical order , valued at approximately SEK 210M , will be used in an offshore project in Brazil . Deliveries are scheduled for H2 of 2024 and early 2025 . The OCTG order , valued at approximately SEK 240M , will be used in an offshore project in North Africa . Deliveries are scheduled during mid-2024 .
Swiss Steel Group wins German sustainability award
This year ’ s German Sustainability Award , probably the most prestigious award of its kind in Europe , will be presented in Düsseldorf . In the metal industry category , the Swiss Steel
Shandong Lianmeng Chemical Company awards licensing and equipment supply contracts for a grassroots urea melt and prilling plant in China to Stamicarbon , the nitrogen technology licensor of MAIRE Group . The plant located in Shouguang city of Shandong province in China will use Stamicarbon ’ s Ultra- Low Energy design with a highly efficient pool reactor concept and have a capacity of 2334 MTPD . Stamicarbon will provide the license , proprietary equipment , including high-pressure equipment made of super duplex stainless steel and associated services . This grassroots project will be the eighth urea plant worldwide to utilize Stamicarbon ’ s proprietary Ultra-Low Energy design . The Ultra-Low Energy Design allows heat supplied as high-pressure steam to be used three times instead of two , compared to the conventional CO2 stripping processes . This results in a 35 % reduction in steam consumption and a 16 % decrease in cooling water use . The efficiency of this design is proven with two operational plants , making its energy savings unparalleled in the market .
56 Stainless Steel World December 2023 www . stainless-steel-world . net