Steel Products

Resonac Takes Full Ownership of AMI Automation

Written by Laura Miller

August 16, 2023

Japan’s Resonac Corp. plans to take full control of Mexico’s AMI Automation.

In 2021, Resonac acquired a 50% interest in AMI. It announced this week it plans to acquire 100% of the outstanding shares in Monterrey, Mexico-based AMI.

AMI is a provider of automation solutions and power control systems to a wide array of industries. It provides software and services for the operation of electric-arc furnaces (EAFs) to the steel industry.

At the beginning of this year, Japan’s Showa Denko and Showa Denko Materials merged. Showa Denko became Resonac Holdings Corp. and Show Denko Materials became Resonac Corp. The integrated company aims to be a world-leading chemical and advanced functional materials company.

Resonac Graphite is a graphite electrode producer with six manufacturing facilities around the world.

“The acquisition of AMI will allow Resonac Graphite to contribute to our customers’ sustainable operations by providing an integrated set of innovative solutions that assist customers in achieving their best overall steelmaking performance,” a statement from Resonac said.

“We have already started working together to provide integrated digital solutions that enhance EAF operating efficiencies, promote safety, energy conservation, and reduce greenhouse-gas emissions while delivering greater value to customers,” it added.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held a variety of positions within the steel industry since 2007, including reporting and editing for Steel Business Briefing/Platts, the Association for Iron and Steel Technology, and Kallanish Commodities, as well as marketing for what was then known as ThyssenKrupp Steel USA (now AM/NS Calvert). After a five-year hiatus working across other industries, she returned to steel in 2021 and has covered the flat rolled, tubular, and trade areas of the industry. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania. She can be reached at laura@steelmarketupdate.com or 724-759-7869.

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