Metinvest, Danieli to Partner on Green Steel Technologies
10/28/2021 - Danieli announced today that it has signed a Memorandum of Understanding with Metinvest to develop and implement technologies aimed at lowering the carbon footprint of Metinvest facilities in Ukraine and the EU.
According to Danieli, the technologies will initially cover the rolling process and will aim to reduce CO2 emissions and optimize energy consumption.
Through this collaboration, the two companies will explore R&D projects via Horizon Europe, as well as decarbonization projects within the scope of the European Union Innovation Fund.
“Throughout the past decade, Metinvest has worked diligently to reduce its carbon footprint. Consistent with our commitment to sustainability, we are investing time and money to find an actionable pathway to operational decarbonization,” said Yuriy Ryzhenkov, chief executive of Metinvest.
“I am confident that Danieli’s innovative technological solutions in this area will help to advance our journey toward becoming a low-emissions steel producer.”
Read Danieli’s full press release here.
