JSW to Invest in Baytown to Build Monopile Slabs
By
Metal Center News Staff on
Jun 28, 2024JSW Steel USA, Inc. a subsidiary of India’s JSW Steel Ltd., will invest $110 million in steel plate mill modernization projects with sustainable technology and equipment within its manufacturing facilities in Baytown, Texas. These investments will enable the production of high-quality monopile steel slabs to support the U.S. Administration’s new actions to expand offshore wind energy by deploying 30 gigawatts of offshore wind by 2030, enough to power 10 million homes with clean energy.
Steel products made through this investment are aligned with Buy America requirements for niche grades and sophisticated applications such as hydrocarbon pipelines, offshore wind towers, offshore wind platforms, high-density pressure vessels, monopile steel slabs and platforms for offshore wind towers.
“The new investments at our Baytown, Texas facility reinforce JSW USA’s commitment to a sustainable and green future. The new upgrades at our plate mill support the long term ESG initiative of JSW USA and support decarbonization of the energy spectrum in the United States,” said Parth Jindal, director of JSW Steel USA. “The new investments will enable us to progressively deliver high-quality steel products while further defining our niche markets through a Made in America specialty steel portfolio. These investments have the potential to significantly reduce U.S. import reliance in the infrastructure and renewable energy sectors.”
These new projects, which further builds upon JSW USA’s recent $145 million investment in its Mingo Junction facility to upgrade its “clean steel” manufacturing processes, are expected to be completed and commissioned by its fiscal year 2026.