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ArcelorMittal acquires Italpanelli Deutschland

ArcelorMittal's Construction division acquires panel manufacturer Italpanelli Deutschland to advance the production of CO2-reduced insulation products for the construction industry.

ArcelorMittal acquires Italpanelli Deutschland

Located in Föhren, near Trier, Italpanelli Deutschland produces wall and roof panels with a polyurethane rigid foam core or rock wool core for the industrial, commercial, residential and cold storage sectors on two state-of-the-art production lines. The company employs 70 people.

Lars Pfeiffer, North East Europe CEO of ArcelorMittal Construction, explained, "The product range offered by Italpanelli, combined with the innovative capabilities of ArcelorMittal Construction, will meet the growing need of the construction industry to reduce the CO2 emissions of a building."

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