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Primetals Technologies

Company

Number of employees
2019 year
7000

Owners

+ Mitsubishi Heavy Industries (MHI)
+ Siemens AG

Primetals Technologies – the supplier of engineering, the equipment, solutions and services for all lifecycle of the metallurgical enterprises. The company offers a portfolio of technologies, products and services and also complete solutions for power industry, automation, digitalization and decrease in impact on the environment. These solutions cover all links of a chain of production of cast iron and steel: from preparation of raw materials before receiving finished goods, including, for production of rolling from non-ferrous metals.

Primetals Technologies – Mitsubishi Heavy Industries (MHI) joint venture and Siemens. Mitsubishi-Hitatchi Metals Machinery (MHMM) companies – joint group of the companies with individual share of Hitachi, Ltd. and IHI Corporation – possesses in the enterprise 51%, Siemens – 49%. In the company about 7,000 employees work worldwide.

2019: The Croc and Primetals Technologies will develop together the market of digitalization of metallurgy

In November, 2019 the Croc IT company and the international producer of technological solutions for ferrous and nonferrous metallurgy of Primetals Technologies signed the agreement on strategic cooperation. The companies are going to develop jointly solutions and specialized products for digitalization of the metallurgical enterprises. It is the first similar collaboration. It will allow in a complex and using industry expertize to answer market calls.

The metallurgical enterprises pass to "digital doubles" of units, processes and products, begin to use artificial intelligence for adoption of operational solutions and prediction of a condition of equipment. Unique examination and deep understanding by partners of the main technology and business processes of the industry will help to tsifrovizirovat the enterprises of the metallurgical sector effectively.

Partners are aimed to develop IT products which will help the metallurgical enterprises to transfer the major functions to a digital format. The companies are going to provide modern complete solutions using relevant and perspective technologies of collecting, the analysis and data management: video analysts, predictive analysis, creation of "digital doubles" and also products quality management systems.

Similar developments will allow the metallurgical companies to increase production efficiency, their safety, level of product quality control and to reduce its cost value. It will give the chance to exercise continuous control of observance by personnel of regulations of the security regulation and also to trace extent of impact of production on the environment. It will allow to increase competitiveness of the Russian metallurgists in the domestic and world markets.