MEXICO CITY Ternium SA will invest $225 million in industrial safety, environmental and maintenance works at its Guerrero plant near Monterrey, Mexico.
Investments are designed "to guarantee a long-term sustainable operation integrated to Terniums new industrial center in Pesquería (in Nuevo León state)," Ternium chairman and chief executive officer Paolo Rocca said Sept. 2.
The announcement follows an explosion during routine maintenance work at the direct-reduced iron intake of an electric-arc furnace at the Guerrero plant of subsidiary Ternium Mexico SA de CV.
So far, eleven workers have died because of the accident (amm.com, Aug. 30).
Industrial safety measures include "expanding monitoring systems, installing additional detectors inside each industrial space, reinforcing venting systems and outlining new signage and evacuation routes," the Luxembourg-based steelmaker said.
Modifications will be introduced to the mills internal organization, in the scrap and slag plots and mineral and transfer yards, it added.
In terms of environmental renovation, the investment will focus on enhancing controls over steel shop emissions, as well as the construction of a new acid regenerating facility.
The company has launched a training program for employees at the plant, which was built in the 1940s. The Guerrero plant employs 3,900 people, more than a third of the companys 9,200 workers in Mexico.
A version of this article was first published in AMM sister publication Steel First.