Hoa Phat Dung Quat Steel JSC awarded Primetals Technologies with a contract for process and technology consulting services to bring their integrated steel production complex to the next level. A leading steel manufacturer in Southeast Asia, Hoa Phat operates a large integrated steel plant in Dung Quat, Quang Ngai Province, Vietnam. The facility was supplied a few years ago by third-party suppliers and includes a blast furnace, a BOF-based meltshop, and a thin slab casting and rolling plant, producing hot-rolled coils.
Hoa Phat is the leading industrial manufacturing group in Vietnam. Currently, the Group operates in five sectors: Iron and steel (construction steel, hot rolled coil), steel products (including steel pipes, galvanized steel, drawn steel wire, prestressed steel), agriculture, real estate, and home appliances. Steel production is the heart of the business, accounting for 90 percent of the revenue. Hoa Phat is the largest steel producer in Southeast Asia, with a capacity of eight million tons of crude steel per annum.
ADVANCING PRODUCTION PROCESSES
The aim of Primetals Technologies process and technology consulting services is “to study existing production performance and advise on possible improvements in product quality as well as on conversion cost reduction,” according to Hoa Phat.
Producing a thorough process, equipment, and technology audit, Primetals Technologies experts will present a plant performance evaluation regarding production and quality. After that, Hoa Phat and Primetals Technologies will explore possible optimizations to improve operational expenditure (OPEX) and increase Hoa Phat’s competitiveness.Each optimization will receive an evaluative ranking, examining the initial investment costs, implementation costs, and return on investment to make the appropriate decision to increase productivity and maintain sustainable profits.
A TRUSTED CONSULTANT
Hoa Phat has developed trust in the experts and specialists at Primetals Technologies and their competencies in ironmaking, steelmaking, and hot-rolled coil production. The foundation of this trust is the development of a new six million-ton-per-year slab caster and five-and-a-half million-ton hot strip mill project, featuring the Through-Process Optimization (TPO) quality control system and the Asset Life Expert (ALEX) intelligent digital assistant.