PARIS, FRANCE--(Marketwire - Jan 29, 2013) -
Paris, 29 January 2013 - Constellium, a leader in the design andmanufacturingof aluminium technologies, participates in the launch of the M2PTechnologicalResearch Institute (M2P IRT), through the metal Economic Interest Group(EIG) ofwhich it is founding member. This new partnership is fully in linewith theinnovation strategy of Constellium aimed at addressing the majorindustrialchallenges of the future.
The M2P IRT provides a unique platform for the transfer of technologyfromuniversity to industry, oriented towards the transportation, energyandindustrial markets.
The presence, through their EIG research, of two major French carmanufacturersamong the founding members of the M2P IRT will set a special focuson theautomotive industry, perfectly consistent with Constellium's areas ofexpertise:development of metal assemblies, life cycle analysis and recycling.
" The M2P IRT will certainly be a relevant partner for Constellium, andmorespecifically for the expertise we have developed in the field ofaluminumstructures dedicated to automotive applications. The projectsimplemented inpartnership with this Technological Research Institute will notably helpus toincrease the performance of our innovative alloys dedicated to metalassembliesand to optimize the multi-material structures, with the ultimategoal ofachieving weight reduction. Furthermore, this agreement will allow us toimprovethe vehicles' life-cycle assessment tools and to developmeasurement andseparation techniques for aluminum parts recycling, " said LaurentMusy,President of the Specialty Sheet division of Constellium.
As demonstrated by the partnership developed in the aerospace industrywith theJules Vernes IRT in Nantes, France, the commitment of Constelliumalongside theM2P IRT will bring to fruition a series of technologies dedicatedto theautomotive industry, therefore highlighting the full potential of thealuminiumsolutions offered by the company.
Constellium, formerly Alcan Engineered Products, is a global sector leaderthatdevelops innovative, value added aluminium products and solutions for abroadscope of markets and applications, including aerospace, masstransportation,automotive, packaging and energy. With over 9,000 employees Constellium isstructured in 3 divisions: Global Aerospace, Transportation and Industry(GlobalATI); Specialty Sheet; Extrusions & Automotive Structures. Constellium,withheadquarters in Paris, is owned by affiliates of Apollo Global Management(51%),Rio Tinto (39%) and the "Fonds Strategique d'Investissement" FSI (10%).Constellium generated EUR3.6 billion of revenue in 2012.
IRT M2P EN: http://hugin.info/151297/R/1673943/545003.pdf
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Source: CLAI via Thomson Reuters ONE
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