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Released May 14, 2014 | JOHANNESBURG
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Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--India's Jindal Stainless Limited (BSE:532508) (New Delhi, India) has been selected by International Thermonuclear Experimental Reactor (ITER) to supply stainless steel for the cryostat project.
About 3,650 tons of stainless will be used in this project with a value of about $17 million. Jindal Stainless is one of only two plate mills approved for the project, the other being ArcelorMittal's (NYSE:MT) (Luxembourg) Industeel in France. The biggest consideration in the design and construction is safety. Strict rules defined by various application codes--ASTM (formerly American Society for Testing and Materials) and ASME (American Society for Mechanical Engineers)--ensure that materials used in critical components are fully qualified for the intended applications.
Based on Jindal's credentials and the company's standard quality assurance plan (QAP), an audit was conducted for systems, processing and heat treatment at the Jaipur stainless steel plant, which was found to be able to meet the stringent technical requirements for the project.
"We have already begun [to provide] supplies, and we are extremely proud to supply the desired quality of stainless steel, and to be associated with this revolutionary and path-breaking advancement in the power sector," said Pankat Mittal Sr., the vice president for the marketing and supply chain
Seven countries have been collaborating on ITER, which is sited at Cadarache, France: the European Union, India, Russia, China, South Korea, Japan and the U.S.
For related information, see December 30, 2013, article - Milestone for First Fusion Reactor; and November 4, 2013, article - Europe Awards Fusion Reactor Contracts; and October 13, 2011, article - India's Plasma Institute Builds $140 Million, High-Vacuum Storage Vessel for Thermonuclear Project.
View Project Report - 300030652
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
About 3,650 tons of stainless will be used in this project with a value of about $17 million. Jindal Stainless is one of only two plate mills approved for the project, the other being ArcelorMittal's (NYSE:MT) (Luxembourg) Industeel in France. The biggest consideration in the design and construction is safety. Strict rules defined by various application codes--ASTM (formerly American Society for Testing and Materials) and ASME (American Society for Mechanical Engineers)--ensure that materials used in critical components are fully qualified for the intended applications.
Based on Jindal's credentials and the company's standard quality assurance plan (QAP), an audit was conducted for systems, processing and heat treatment at the Jaipur stainless steel plant, which was found to be able to meet the stringent technical requirements for the project.
"We have already begun [to provide] supplies, and we are extremely proud to supply the desired quality of stainless steel, and to be associated with this revolutionary and path-breaking advancement in the power sector," said Pankat Mittal Sr., the vice president for the marketing and supply chain
Seven countries have been collaborating on ITER, which is sited at Cadarache, France: the European Union, India, Russia, China, South Korea, Japan and the U.S.
For related information, see December 30, 2013, article - Milestone for First Fusion Reactor; and November 4, 2013, article - Europe Awards Fusion Reactor Contracts; and October 13, 2011, article - India's Plasma Institute Builds $140 Million, High-Vacuum Storage Vessel for Thermonuclear Project.
View Project Report - 300030652
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
