Outokumpu, thyssenkrupp Materials Processing Europe Collaborate on Decarbonizing the Automotive Industry
06/26/2023 - Stainless steel producer Outokumpu is collaborating with service center thyssenkrupp Materials Processing Europe and exhaust system manufacturer Boysen Group to unveil the world’s first “toward-zero” stainless steel to the automotive industry.
The companies hope to supply Outokumpu’s stainless steel product Circle Green to the automotive industry. The product has up to 92% lower carbon footprint than the industry average, according to Outokumpu.
“Together with our dedicated partners we are expanding this unique solution into the automotive industry,” said Niklas Wass, executive vice president, Stainless Europe for Outokumpu.
“Like many other industries, the automotive sector is looking into cutting its carbon dioxide emissions, and we can help our customers and partners to develop solutions that reduce the climate burden. A year ago, we introduced Circle Green, our towards-zero-stainless steel, which has generated significant interest and demand across various segments. By uniting the strengths and expertise of Outokumpu, thyssenkrupp Materials Processing Europe and Boysen Group, the partnership represents a milestone in the pursuit of a low-emission automotive industry,” Wass added.
Through this partnership, Outokumpu will supply the material to thyssenkrupp Materials Processing Europe, where the master coil will be processed into slit strips and then delivered to the Boysen Group.
Read more here.