How did it all start?
The company’s roots go back to the 19th century. 1862 Alexander Ritter von Schoeller took over the Baron Reichenbachsche Eisenwerke. In 1924 he merged with Bleckmann Stahlwerke to form Schoeller-Bleckmann AG. From 1939 bis 1945 The steelworks were incorporated into Nazi armaments production. After the inglorious chapter in the company’s history followed 1946 the nationalization.
1975 The Austrian stainless steel producers are brought together to form the Association of Stainless Steel Works (VEW). 13 years later they are split up again. Schoeller-Bleckmann is spun off into the nationalized holding company ÖIAG 1995 taken over by Berndorf. Since 1997 SBO is listed on the stock exchange, initially in Brussels 2003 in Vienna.
What is SBO doing today?
The group’s business is divided into two large areas, each of which recently generated more than 200 million euros in sales. The production of high-precision components and special steels (Advanced Manufacturing & Services), which also includes additive manufacturing methods such as 3D metal printing, as well as the Oilfield equipment. In the latter area, large US oil companies such as Schlumberger and Haliburton are supplied with drill heads and drill pipes for the search for oil and gas. In the future, however, we want to grow primarily in the Middle East and Asia.
Drilling motors from SBO are also already used in the area of Geothermal energy and carbon capture and storage (Carbon Capture & Storage), which are increasingly gaining momentum, according to the company. In Austria, SBO devices are used in the geothermal energy project “deep” by Wien Energie and OMV in the federal capital.
What does the future look like?
He does not see the energy transition as a threat, said SBO boss Klaus Mader in May in an interview with the KURIER. You see new opportunities and opportunities almost every week. In addition to geothermal energy and carbon capture, the company’s products will also help with hydrogen production in the future. There are also ambitions in aerospace with new manufacturing technologies such as metal 3D printing.
The core business and new business areas are communicating vessels, said Mader. Both fields will be used: “If the core business declines faster, the new energy sector will grow faster.” SBO wants a detailed future strategy March present. A new brand identity will then also be presented.
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