ArcelorMittal chooses Energiency’s artificial intelligence to save energy in steel coils processing
ArcelorMittal, the world’s leading steel and mining company, and Energiency, an innovative data analytics technology company based in France, have signed a three-year contract with the aim of achieving at least a 5% energy savings per year in ArcelorMittal’s Geel plant in Belgium. Future roll-outs are planned at other ArcelorMittal sites.
Already successfully tested in Luxembourg by another plant of the Group, Energiency’s software platform assesses the industrial company’s energy performance in real time using artificial intelligence algorithms. This Industry 4.0 technology is perfectly in line with ArcelorMittal’s strategy of digital transformation. With this proof of concept, ArcelorMittal will benefit through energy savings and automate the control of its energy consumption over time.
Amit Kumar, Chief Operating Officer, SSC West Europe at ArcelorMittal Downstream Solutions: “We are committed to positively contribute to climate actions ongoing to preserve our natural heritage. One step in this direction is to reduce our energy consumption for each tonne of steel we process. With the help of the Frame Agreement developed by the European Procurement Organisation with Energiency, we will be able to better monitor our consumption on real time basis and take necessary steps to reduce any waste of energy.”
Arnaud Legrand, Chief Executive Officer and founder of Energiency: “ArcelorMittal is a leading industrial company that is keen to use Industry 4.0 technologies to continuously improve its environmental impact and competitiveness. We are very proud that a world leader has chosen our innovation to help it go even further towards energy excellence.”
ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries and an industrial footprint in 19 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.
Through our core values of sustainability, quality and leadership, we operate responsibly with respect to the health, safety and wellbeing of our employees, contractors and the communities in which we operate.
For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components people use in their everyday lives more energy efficient.
We are one of the world’s five largest producers of iron ore and metallurgical coal. With a geographically diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations are important customers, our supply to the external market is increasing as we grow.
In 2018, ArcelorMittal had revenues of $76.0 billion and crude steel production of 92.5 million metric tonnes, while own iron ore production reached 58.5 million metric tonnes.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/
Energiency is an innovative industrial energy performance analytics software founded in 2013 by data scientists and experimented engineers in manufacturing. Energiency is a technology dedicated to Industry 4.0, bringing together cloud computing, data science and artificial intelligence in order to enable manufacturing companies to detect and achieve up to 15% new energy savings without Capex. Following a strong international growth and already adopted by global manufacturing leaders in food, chemistry, automotive, paper or raw materials sectors, Energiency has received more than 30 international Awards and has been labelled as French Tech Excellence in 2019.
For more information about Energiency, please visit: www.energiency.com