DGAP-News

Industry 4.0 from a single source: Primetals Technologies and PSI cooperate on production management solutions for steel industry

DGAP-News: PSI Aktiengesellschaft für Produkte und Systeme der
Informationstechnologie / Key word(s): Alliance/Contract
Industry 4.0 from a single source: Primetals Technologies and PSI cooperate
on production management solutions for steel industry

05.07.2016 / 10:11
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Industry 4.0 from a single source: Primetals Technologies and PSI cooperate
on production management solutions for steel industry
- Strategic alliance combines process automation with production management
- Customers receive finely tuned complete solution from a single source
- Goals: Implementation of PSI solutions in plants with equipment from
Primetals Technologies as well as modernizations and new plants

Primetals Technologies Germany GmbH, Erlangen, and PSI Metals GmbH,
Düsseldorf, have signed a cooperation agreement on the sale and
implementation of Industry 4.0 (Industrial Internet) production management
solutions for the steel and aluminum industries. Customers receive
perfectly matched, tailor-made complete solutions from a single source
consisting of equipment, basic automation (level 1) and process automation
(level 2) from Primetals Technologies, and the PSImetals production
management solution (level 3) from PSI. The exclusive global cooperation
agreement covers plants with equipment and automation from Primetals
Technologies, as well as complete turnkey solutions for modernization
projects and new plants throughout the entire supply chain.

The harmonized solutions from the two companies reduce integration costs,
shorten project runtimes and simplify IT processes. Horizontal integration
of locally distributed automation data with system-wide production
management for Supply-Chain-Planning & Execution (MES) makes it easier to
identify and realize the potential of Industry 4.0.

Detlef Schmitz, Managing Director at PSI, said, "For tomorrow's production
management, we offer our customers complete integrated solutions, which
increase the potential for optimizing production processes and the
associated business processes throughout the entire process chain."
Hans-Jürgen Zeiher, Head Electrics and Automation at Primetals
Technologies, added, "As a leading technology provider of plant
engineering, basic and process automation, as well as digital production,
we are firmly convinced that together we can make a major contribution to
digitization and the associated improvements in productivity and quality,
and toward more flexible production."

PSI Metals is a leading provider of production management solutions,