Sandvik Materials Technology
Sandvik Materials Technology specializes in high value-added products made from advanced stainless steel grades and special alloys for the most demanding industries. Its cutting-edge expertise is based on an integrated production platform and world-leading metallurgy and R&D. Product areas: Tube, Strip, Wire and Heating Technology, and Primary Products.
High value-added products based on advanced stainless steels, special alloys and titanium, furnace products, heating systems and resistance materials. The products make industrial processes safer and more efficient, while consuming less resources.
Customers are active in, for example, the energy, aerospace, automotive, chemical and petrochemical industries – industrial segments in which exacting demands are imposed on safety, productivity, cost efficiency and a long lifecycle.
In 2013, the global market was valued at more than 100 billion SEK. The underlying average annual growth is 4–6%, although growth is normally higher in the energy segments.
Events during the year
- A project aimed at utilizing surplus heat from the plant in Hallstahammar is being implemented during 2013-2014. The project will reduce energy requirements by 3–5 GWh per year and CO2 emissions by about 1,000 tons per year.
- Due to systematic environmental improvements over the past few years, oil consumption in various drill steel machines and milling processes has fallen from 1,500 liters per week to 100 liters per week. Besides decreasing impact on the environment, this has also reduced costs for purchasing oil and the destruction of waste oil.
- A Compliance Officer was appointed for the business area and each product area also appointed a person responsible for competition law issues.
*** Restated to full-time employees (FTEs) at 31 December 2013. 2,423 employees are involved in
Group activities and are thus not employed in any of the business areas.
**** Lost Time Injury Frequency Rate (LTIFR), meaning Lost Times Injuries per million work hours.
* Share of the Group's total operating profi t. Group activities –15%.
** Share of the Group's energy consumption and CO2 emissions.