The partnership brings together the complementary strengths of both companies, creating the broadest range of sustainable industrial heating solutions on the market. Kanthal’s expertise in heating elements and systems will be complemented by Rath's insulation and refractory products, providing customers with a unique combined offering for their industrial heating needs.
"We are thrilled to partner with Rath to further expand our offerings in industrial heating technology enabling societies and industries to make the green shift. In this era of electrification, this partnership will provide our customers with a broader range of innovative solutions that will enable them to optimize their operations and achieve their sustainability goals. Together, we can leverage our collective expertise to deliver greater value to our customers and help them thrive in a rapidly evolving market", says Robert Stål, President of Kanthal.
Through closer collaboration in developing new technologies and solutions, the partnership will leverage both companies' existing and future co-developed offerings to enable the technology shift that industries such as steel and petrochemical are facing. The companies' joint go-to-market model will offer their customers a comprehensive portfolio of products and services, providing greater value to their clients.
Sandviken, April 26, 2023
Alleima AB (publ)
Emelie Alm, Head of Investor Relations
Phone: +46 (0) 79 060 87 17
Yvonne Edenholm, Press and Media Relations Manager
Phone: +46 (0) 72 145 23 42
Alleima AB, is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden and revenues of SEK 18.4 billion in 2022, has approximately 5,900 employees and customers in approximately 90 countries. Alleima was listed on Nasdaq Stockholm on August 31, 2022 under the ticker ‘ALLEI’. Learn more at www.alleima.com
Rath is a leading manufacturer of insulation and refractory technology with a wide range of solutions for industrial applications for temperatures up to 1800 °C. With more than 130 years in the industry, Rath is renowned for its material expertise and its sustainability commitment. For more information, visit www.rath-group.com.