Europlasma

Valdunes Industries, part of Europlasma, has been selected to supply 720 metro wheels to a public transport company in Latin America under a multi-year contract.

Valdunes Industries, a subsidiary of Europlasma, was selected by a US passenger rail operator to supply train wheels worth $4.3 million. The contract was awarded following an international tender.

The Commercial Court of Lille-Métropole has validated Europlasma's offer to acquire MG-Valdunes, the last French manufacturer of railway wheels and axles. The plan includes preserving nearly 60% of jobs and a turnaround plan of over €35 million over three years.

Inertam, a subsidiary of Europlasma, won a tender from Sonelgaz to process 7,000 tonnes of asbestos waste from the Djen Djen steam power plant over three years, with total sales of nearly €15 million.

Europlasma's newly created subsidiary Forges de Gerzat will build a new plant in Cébazat, France, to produce high-pressure aluminium gas cylinders. The investment is €100 million, with start-up planned for 2024.