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Indian-Commodity  :  Investment  :  Tata Steel invests Euro 4.5 million at Jmuiden site in Netherlands

Tata Steel invests Euro 4.5 million at Jmuiden site in Netherlands (27-Feb-2013)

Tata Steel, the flagship company of the Tata Group, has made an investment of Euro 4.5 million at its Jmuiden site in the Netherlands, that could increase the company's ability to develop next generation steels which are lighter, stronger and better able to withstand crashes. This development comes right after the company started up an advanced facility to develop crash resistant steels designed to make cars safer and more fuel efficient.

Further, the R&D investment also follows close collaboration between Tata Steel and major European car manufacturers to understand their requirements for future car models. The facility, being the most technologically advanced in the world, combining the characteristics of commercial industrial lines alongside special research features to control and measure atmosphere, temperature, speed, force, stress and friction, will also enable the company to support its customers as they integrate the new ultra high strength steels into future vehicles.

Tata Steel is the first integrated steel plant in Asia and is now the world's second most geographically diversified steel producer and a Fortune 500 Company.


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