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At Algoma, we are driven by a strong purpose to build better lives and a greener future. We believe in the power of steel to add value to all aspects of our life. We work in partnership with our customers - the great innovators, developers and builders of today- to improve how we live, work, move and grow together. We make strong steel that lasts, offering North America the comfort of a secure steel supply. Based in Sault Ste. Marie, Ontario, Algoma is a producer of hot and cold rolled steel sheet and plate products. With a raw steel production capacity of an estimated 2.8 million tons per year, Algoma`s diverse capabilities enable us to deliver customer-driven product solutions straight from the ladle to direct applications in the automotive, construction, energy, defense, and manufacturing sectors. Algoma is a key supplier to customers across North America and is the only producer of plate steel products in Canada. Our state-of-the-art Direct Strip Production Complex, where we transform liquid steel to a finished coil in about 30 minutes using 40% less energy than a conventional mill, positions us among the lowest-cost producers of hot rolled sheet steel in North America. Our quality products meet international performance standards for manufacturing, automotive, construction, mining, energy, ship, rail and military applications. Algoma is on a transformational journey, modernizing our plate mill and adopting electric arc technology that builds on the strong principles of recycling and environmental stewardship, to significantly lower carbon emissions. We are a founding industry and the largest employer in our community. We want the benefits of our steel to endure for generations. We are working safely, as a team to become one of North America`s leading producers of green steel, drawing on the best of our rich steelmaking tradition to deliver greater value to our people, customers, investors, communities, and the world around us.
With its divisions Plansee High Performance Materials and Global Tungsten & Powders (both 100 percent ownership), the joint venture Ceratizit (50 percent) and its holding in Molymet (21.1 percent), the Plansee Group is one of the world`s leading powder metallurgical industrial groups. The Plansee Group specializes in molybdenum and tungsten materials, covering the entire value-added chain—from the ore concentrate to customized tools and components. The Plansee Group`s portfolio includes more than 75,000 different products and tools, which are used in the production of everyday high-tech devices such as smartphones and tablets as well as sustainable and efficient solutions related to mobility, energy supply and industrial manufacturing.
Cascade Integrated Services is a leading provider of fluid management, drilling and wellsite support and production services that consistently provides clients the highest level of service possible, performed safely, and with the very fewest complications. Our dedication to our partners, to the market, and to our communities encourages us to consistently seek ways to improve and to make what we do safer, reducing risk to our customers throughout the mid-continent oil and gas fields. Our geographic reach and technical expertise are complemented by a customer-focused service commitment to being reliable, adaptable and consistent. This cornerstone of our mission allows our customers to remain focused on their core business -- staying profitable and competitive -- because we are focused on managing underlying transportation logistics and sourcing.
Covia is a leading provider of minerals and material solutions for the Industrial and Energy markets. We offer customers a broad array of high-quality products, distinctive technical capabilities and the industry`s most comprehensive and accessible distribution network. We have a strong legacy built on a spirit of partnership – with each other, our customers and our communities – because we believe it creates the best ideas, products and outcomes. Partnership attracts great people and helps them excel while fueling innovation and prosperity for all our stakeholders. Our scale and capabilities complement our extensive product portfolio, serving the diverse and complex needs of our customers in the foundry, building products, ceramics, coatings and polymers, water filtration, glass, and sports and recreation markets. Our solutions serve the diverse and complex needs of customers in the oil and gas market. Covia`s market-driven insights and value-added offerings, including an unparalleled selection of proppants to enhance well productivity, allow us to address all well environments and to solve a range of down-hole challenges faced by our customers. Our ability to deliver the right product, to the right place, at the right time, is unmatched. Just as strong is our commitment to building partnerships that help our customers succeed.
World Minerals Inc. is a world leading supplier of engineered mineral products derived from diatomaceous earth and expanded perlite, natural raw materials possessing unusually light density, chemical inertness, high surface area and intricate structure