HBIS and SIEMENS Signing MOU to Deepen Digitized Low Carbon Cooperation

March 10^th, HBIS and Siemens signed a MOU to launch a comprehensive strategic cooperation in multiple fields, including a digitized factory, energy optimization, green & low carbon manufacturing & services. The new cooperation will further merge the latest digital technologies and production procedures in steel industry and give new energy to the intelligent and green development of the industries. HBIS CPC and group Chairman Yu Yong and Siemens Global Executive Vice President,Simens(China) Chairman, President and CEO Xiao Song agreed to deepen their strategic cooperation and strengthen high quality development. They witnessed the signature of the MOU and HBIS chief accountant attended the meeting, and HBIS Vice President Li Yiren and Siemens（China）Executive Vice President Wang Haibin signed the document.  

Yu Yong said HBIS and Siemens were sharing the same pursuance to technologies and innovations. Over the years, the two groups have jointly developed an effective way to convert technology to productivity. We believe, the combination of HBIS production and Siemens technologies will conclude an even better intelligent manufacturing and green & low carbon industry.

Xiao Song said, with their similar mutually beneficial business concepts, the Siemens & HBIS Strategic Cooperation had already been an iconic success in the industry. In the future, with their localized value chain and resources in the globe, with their digitized and low carbon advantages, with their mutually supplementary cooperation, the two partners will continue to provide support to the high quality and sustainable development of Chinese and even global metallurgical industry.

Witnessed by Yu Yong and Xiao Xong, Mr.Li Yiren and Wang Haibin Signed the MOU. The parties will jointly explore new ways in the green and low carbon development of metallurgical industry. Siemens will promote the applications of Modelling technologies in procedure engineering in HBIS WisCarbon Carbon Neutralization & Digitization Project. Also, the partners will jointly develop tools in energy system analysis and valuation  their optimizations to further reduce the energy consumption in the whole process of metal production to make a showpiece project in full process carbon footprint, digitized management of carbon data. Base on existing Siemens digital Commerce platform, Xcelerator, the partners will expand their cooperation in the upgrade of steel products, digitized factory, scientific operation, digitized enterprise management, the development of additive manufacturing and applications. With the latest MOU in place, joint project teams will be in operation and building an efficient communication regime to implement R&D projects.

In 2016, HBIS and Siemens sign the Strategic Cooperation Agreement to deepen their cooperation in digitized factory, intelligent manufacturing, industry & physical internet. In 2019, they signed a strategic agreement in additive manufacturing technologies and their applications in industry, which was a material milestone in additive manufacturing. From unmanned stockyard of Tangsteel new plant to the rolling machines in HBIS Heng Strip Plant, to the top designs and the preemptive equipment maintenance project in HBIS Shisteel,  HBIS and Siemens are jointly making more and more successes.