Phoenix Services
Acquisition in 2017
Phoenix Services LLC specializes in providing slag handling and support services to steel producers worldwide. Founded in 2002 and based in Kennett Square, Pennsylvania, the company offers a comprehensive suite of services, including environmental and ancillary services such as road and yard watering, sweeper and vacuum truck services, and by-product bagging. Additionally, Phoenix Services manages scrap reception, inspection, and yard management, along with rail and barge unloading and various transport services. The company also excels in pot carrying, pit digging, melt shop cleanup, and metallic recovery, as well as scrap cutting and upgrading. Operating across North America, Europe, South America, Africa, and Asia, Phoenix Services is committed to enhancing operational efficiency while minimizing environmental impact in the steel industry.
Welspun Steel
Private Equity Round in 2011
Welspun Steel Ltd. (WSL) was established in 2004, recognizing the enormous potential in the construction and infrastructure industry. WSL manufactures ISI Certified Ribbed Thermo Mechanically Treated (TMT) rebars, Ingots / Billets at its factory in Welspun City, Anjar. It has DRI Plant with 4 kilns, capacity 100 TPD each, a 12 MW Captive Power Plant attached to waste heat recovery boilers. Power Plant utilizes heat from the DRI (Sponge Iron) flue gases.
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