-Partnership
aimed at close collaboration on green steel projects, technology, and research
and development
-An important step by Tata Steel as it searches for decarbonization soluti
On November 23rd, Primetals Technologies and Indian steel
producer Tata Steel signed a Memorandum of
Understanding (MOU) to intensify their collaboration on projects and technology
related to green steel and decarbonization. The signing ceremony took place at
Tata Steel’s headquarters in Mumbai, India.
Carbon neutrality
Tata Steel is prioritizing decarbonization and
is looking for solutions to achieve carbon neutrality by 2045. Tata Steel has
partnered with Primetals Technologies as one of several steps being taken.
The market
leader in environmental innovations for the metals industry, Primetals
Technologies has an organization in place that is dedicated to green steel
technology and the transformation of the steel industry. This organization
extends to all of the company’s departments. Primetals Technologies will
provide Tata Steel with engineering expertise as well as support in
implementing green steel technology.
“The global frontrunner”
“We are extremely excited to support Tata Steel
in decarbonizing its production lines. Primetals Technologies is the global
frontrunner and we have a broad portfolio in the field of green steel
production solutions, including hydrogen-based ironmaking, electric
steelmaking, and endless casting and rolling technologies. As a part of the
larger Mitsubishi Heavy Industries Group, we also have innovations for carbon
capture utilization and storage at our disposal,” says Norbert Petermaier,
Executive Vice President, Sales at Primetals Technologies.
Proven solutions
Tata Steel, together with its subsidiaries,
associates, and joint ventures, is one of the world’s largest steel producers.
It is also among the most geographically diversified, with operations and
commercial presence across the world.
Primetals
Technologies possesses both high engineering competence and proven solutions
in, for example, the fields of decarbonization, reduction in emissions, greater
energy efficiency, and improved circularity and yield. The green steel
portfolio covers the entire iron and steel production chain: upstream,
downstream, metallurgical services, and electrics and automation.
Primetals Technologies, Limited, headquartered in London, United Kingdom, is a pioneer
and world leader in the fields of engineering, plant building, and the
provision of lifecycle services for the metals industry. The company offers a
complete technology, product, and services portfolio that includes integrated
electrics and automation, digitalization, and environmental solutions. This
covers every step of the iron and steel production chain—from the raw materials
to the finished product—and includes the latest rolling solutions for the
nonferrous metals sector. Primetals Technologies is a joint venture of
Mitsubishi Heavy Industries and partners, with around 7,000 employees
worldwide. To learn more about Primetals Technologies, visit the company website www.primetals.com.