SMS Demag AG, a subsidiary of Germany-based SMS group, has announced the joint establishment of a new company called SMS ELEX AG on October 1, 2008 with Elex AG, a world leader in the field of flue-gas cleaning, for the purpose of strengthening the group's activities in the field of environmental engineering. This company will be headquartered in Schwerzenbach near Zurich, Switzerland.
By setting up SMS ELEX AG, SMS Demag and Elex wish to jointly further pursue their strategy of improving the environmental and energy balance of their plants and of making their processes more economical for their customers.
In future, SMS ELEX AG will produce a new generation of filter systems for cleaning flue gas in steelworks. These filters effectively remove dust from the process gases while keeping costs low and thereby meet the most stringent environmental standards. The new company will also be focusing on the development of new flue-gas cleaning technologies for steelmaking.