Shapeline is happy to announce a break-through deal with the leading Korean steel manufacturer Posco. The first delivery is of a Shapeline Flex system for the Silicon steel strip mill at the Pohang Works, Korea, where it will be used for assurance of finished product.
The system to be delivered is a Double Line system, designed to measure flatness in an environment where vibrations of the steel strip can be present. This is the first such application in Korea.
Shapeline CEO, Pär Kierkegaard, PhD, says: ”It is great honor for us to be selected by Posco. We have very much the same view on what the requirements are on a high quality producer in the future, and that the Shapeline system is the right tool needed to meet them.”
Mr Y.W. Kwak, Team Leader Electrical & Instrument at Posco says: “Shapeline is the right partner for us. The company is competent and flexible and their product delivers the best performance in a cost efficient way.” He continues: “Using the systems of Shapeline, Posco will continue being on the forefront in producing high quality steel.”
POSCO, founded in 1968, is Koreas largest integrated steelmaker. Headquartered in the southeastern port city of Pohang, South Korea, POSCO produced 30 million tons of crude steel products, and reported record sales of US$21.56 billion and net income of US$3.45 billion in 2006. As one of the worlds leading steel producers, POSCO manufactures and sells a line of steel products, including hot rolled and cold rolled products, plates, wire rods, flat rolled magnetic steel sheets and strips, electrical steel sheets and stainless steel products. POSCO is also rated A3/Moodys and A-/S&P, the highest credit ratings assigned to the worlds integrated steelmakers. www.posco.com.