TPi May 2017

11 / 64

May 2017 TUBE PRODUCTS INTERNATIONAL 9
business & market news
RSA wins innovation award in separation
technology category
RSA cutting systems GmbH has won
the MM Award 2016 in the ‘separation
technology’ category, with the layer saw
Rasacut LS 150, which was introduced
in April 2016.
The award, which recognises innova-
tions in metal processing that benefit
users, the environment and society, was
presented to RSA managing director
Thomas Berg and development manager
Stephan Feldhoff during a ceremony
at the AMB international exhibition for
metal processing in Stuttgart, Germany.
RSA produces cold circular saws,
de-burring systems, industrial brushes
and saw blades for the global market.
The products are used in the automotive
and furniture industry as well as in the
steel trade.
By using newly developed servo
clamping, the layer saw Rasacut LS 150
can saw especially thin-walled tubes,
tubes with a difficult ratio between
diameter and wall thickness, and tubes
with a stability higher than 1,200N/mm²
in single, double and triple cut. It can
replace three cold circular saws or four
band saws.
It can produce workpieces that
previously required complex laser
processing, and after sawing
production steps like de-burring,
chamfering, checking, washing, drying
and unloading can be executed.
RSA cutting systems GmbH– Germany
Deal sealed for Liberty to acquire Tata’s
Speciality Steels business
International industrials and metals
group Liberty House has signed an
agreement with Tata Steel UK to acquire
its Speciality Steels business for a total
consideration of £100mn.
The deal secures the future of around
1,700 jobs directly, and thousands
more in the supply chain and regional
economy.
The sale follows an extensive due
diligence period, after the parties
entered exclusive discussions in
November 2016.
It will make Liberty one of the largest
steel and engineering employers in the
UK, with more than 4,000 workers at
plants located across the country.
Speciality Steels, which makes high-
value steels for the aerospace, auto-
motive and oil and gas industries, has
manufacturing facilities in Rotherham,
Stocksbridge and Brinsworth in South
Yorkshire, and Wednesbury in the West
Midlands, as well as service centres
located in Bolton, and in China.
The business has the capability to make
around 1.1mn tonnes of liquid steel per
year from recycled scrap, melted in
two electric arc furnaces at Rotherham.
This steel feeds downstream casting,
re-melting and rolling processes,
producing a range of high-value steels.
Liberty House has a vertically integrated
business model ranging from the
production of raw steel and aluminium
to advanced engineered products. The
group is already a Tier 1 supplier of steel
components to the automotive and
aerospace sectors and the Speciality
business will allow it to expand its
product range.
Commenting on the agreement,
Sanjeev Gupta, executive chairman
of the Liberty House Group, said, “I
am proud that we are acquiring a
world-class business with a very skilled
workforce and broad range of high-
value products. It is one of only a
handful of such operations in the world
and I am confident it will flourish within
our group.”
Liberty House – UK
Rasacut LS 150 won the MM Award 2016