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Primetals Technologies Limited

Primetals Technologies pioneers the future of the metals industry and stands at the forefront of innovation for partners, customers, and communities.

Primetals Technologies Limited

Primetals Technologies pioneers the future of the metals industry and stands at the forefront of innovation for partners, customers, and communities. It provides solutions from green steel production to digitalizing the entire production process, as well as turnkey projects, new production lines, upgrades, engineering, and metallurgical services. The company was founded on January 7, 2015, by Siemens and Mitsubishi Heavy Industries; in early 2023 Mitsubishi Heavy Industries obtained full ownership. Its portfolio draws on over 70 years of innovation in metals production.

General information

Firm type

other

Year founded

2015

Location

Region

North America

Country

United States

City

Menlo Park

Corporate office

Menlo Park, United States

Additional offices

London · Greenwich · Auckland · Houston · Barcelona · Chicago · Geneva · Hoofddorp · Ludwigshafen

Principals

Koji Sakatani

CEO & CFO, Chairman of the Board

Yoshihiro Mita

Co-CFO, Executive Leadership

Hideshi Yoshizaki

CCO, Executive Leadership

Akio Ono

COO, Executive Leadership

Alexander Fleischanderl

CTO, Executive Leadership

Masashi Yoshikawa

Co-CTO, Executive Leadership

Ichiro Maeno

CTrO, Executive Leadership

Paul Pennerstorfer

Head of Upstream Technologies, Executive Management

Kosei Tsuji

Head of Downstream Technologies, Executive Management

Hans-Jürgen Zeiher

Head of Electrics & Automation, Executive Management

Eberhard Karnitsch-Einberger

Head of Metallurgical Services, Executive Management

Andreas Rathhuber

Head of Sales & Marketing, Executive Management

Sector focus

Industrial TechEnergy Transition & RenewablesInfrastructureRobotics & AutomationClimateTech

Frequently asked questions

What does Primetals Technologies actually do?

Primetals Technologies designs, builds, and services industrial plants for steelmaking and metal processing. It covers the full value chain from raw materials through finished product and provides automation, digitalization, and environmental solutions. The firm operates as a full-line engineering supplier, not as an investment manager.

Who owns Primetals Technologies?

Primetals Technologies does not publicly disclose its ownership structure. It was historically formed from Siemens Metals Technologies, Mitsubishi-Hitachi Metals Machinery, and other legacy engineering businesses. The firm does not publish AUM or a list of principals.

What is green steel and what is Primetals Technologies' role?

Green steel refers to low-carbon steelmaking technologies including direct reduced iron (DRI) plants and electric arc furnaces (EAFs) that reduce or eliminate CO2 emissions. Primetals supplies DRI plants and EAFs, such as for Dillinger and ROGESA's decarbonization project, and operates the Arvedi ESP endless casting and rolling technology targeting lower emissions.

Does Primetals Technologies invest in external companies or funds?

No. Primetals Technologies is an industrial engineering and construction company, not an investment firm or family office. It sells plant equipment and services to steel producers. It does not manage a portfolio, deploy capital into external funds, or operate as an allocator.

Which steelmakers are Primetals Technologies customers?

Publicly confirmed customers include Zhongshou Special Steel (China), VinMetal (Vietnam), Dillinger (Germany), ROGESA (Germany), voestalpine Stahl Donawitz (Austria), and Rizhao Steel Group (China). These are drawn from the firm's press releases.

How many offices does Primetals Technologies have?

Primetals reports offices in Menlo Park (HQ), London, Greenwich, Auckland, Houston, Barcelona, Chicago, Geneva, Hoofddorp, and Ludwigshafen. The firm's global footprint spans North America, Europe, and Asia-Pacific.

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