Valin ArcelorMittal Automotive Steel Co., Ltd. (VAMA), located at the economic zone of Loudi, has been jointly established by Valin Steel and ArcelorMittal. The registered capital of the company is 3.936 billion yuan.
As one of the major investment projects jointly approved by NDRC and Ministry of Commerce, the automotive steel project is expected to complete and put into production in June 2014, with the comprehensive construction started in June 2012. The total investment will be 5.2 billion yuan. The annual production capacity of the company will be 1.5 million tons, including 800,000 tons of cold rolled coils, 200,000 tons of aluminum coils, and 500,000 tons of hot-dip galvanized coils.
ArcelorMittal, the world's leading integrated steel and mining company, is committed to transfer the most advanced automotive steel production technology, including Advanced and Ultra High Strength Steel (AHSS and UHSS) grades with levels up to 1200 MPa and Usibor®1500P, to VAMA and assist VAMA to complete the quality control and R&D system.
Based on this, VAMA will produce state-of-the-art grade steels for safe and cost efficient lightweight design, superior surface quality and coating technology, and thus to fulfill the increasing demand of the lightweight automotive steel production in China.
Gonvarri Steel Services is a leading company in the market of flat steel and aluminium processing.
With more than 50 years of experience, we produce a wide assortment of products under six business lines: Automotive, Road Safety, Energy, Storage, Mecano, and Industry.
Gonvarri Steel Services was founded by Francisco Riberas Pampliega in 1958. During the last 15 years it has continued to grow on a worldwide scale, and currently has 36 flat steel and aluminum transformation factories, and a presence in 16 countries.
2. GONVVAMA project history and status
On April 28th, 2015, the framework agreement between VAMA and Gonvarri was officially signed off in Hunan Loudi.
On Nov 7th, 2015, VAMA Gonvarri Advanced Automotive Steel Solutions Co., Ltd. (GONVVAMA Headquarter) was officially registered in Changshu, Jiangsu Province.
On March 3rd, 2016, VAMA Gonvarri Advance Automotive Steel Solutions (Changshu) Co., Ltd. Loudi Branch (Loudi ATS) was officially registered in Loudi, Hunan Province. Now it was renamed as "VAMA Gonvarri Advance Automotive Steel Solutions (Loudi) Co., Ltd. "
On Jan 21st, 2016, VAMA Gonvarri Advance Automotive Steel Solutions (Changshu) Co., Ltd. (Changshu ATS)was officially registered in Changshu, Jiangsu Province.
On Feb 1st, 2016, VAMA Gonvarri Advance Automotive Steel Solutions (Shenyang) Co., Ltd. (Shenyang ATS) Was officially registered in Shenyang, Liaoning Province.
On Feb 17th, 2016, VAMA Gonvarri Advance Automotive Steel Solutions (Chongqing) Co., Ltd. (Chongqing ATS)was officially registered in Chongqing.
In Oct 2016, Loudi ATS started operation, and had the opening ceremony for Phase 1 on Dec. 8, 2016.
In May 2017, Changshu ATS started operation, and had the grand opening ceremony on Nov. 8, 2017.
In May 2017, Shenyang ATS started operation, and had the grand opening ceremony on May. 24, 2018.
In Oct 2017, Chongqing ATS started operation.
