Specialist provider of technology for decarbonizing industry
Vow subsidiary ETIA and ArcelorMittal Europe – Long Products, a leader in the production of sections, sheet piles, rails and quality wire rod, will work together to build the first dedicated biogas plant for the steel industry, using ETIA’s pyrolysis technology, at ArcelorMittal Rodange in Luxembourg. ArcelorMittal Rodange specializes in the production of grooved rails, supplying major rail projects around the world.
The two companies will cooperate on engineering, business models and financing, and aim to have the Rodange biogas plant operational in 2022. The biogas will be made using Vow’s patented ‘Biogreen’ pyrolysis technology, which involves heating sustainable biomass at high temperatures. The gases emitted during this process are then captured and processed into biogas, which will directly replace the use of natural gas in the Rodange plant’s rolling mill reheating furnace. By-products such as bio-coal will also be created during the process, and re-used within ArcelorMittal, directly replacing the use of coal.
The Rodange biogas plant will be ETIA’s first industrial-scale pilot project for this specific application, and the intention is for similar plants to be built in
“We are very pleased to be working with
“We are very excited and committed to this cooperation, helping ArcelorMittal on their mission towards a CO2-neutral future in steel production. We see this as the beginning of a prosperous long-term collaboration”, said the CEO of Vow ASA Henrik Badin.
ArcelorMittal Europe has committed to reducing CO2 emissions by 30% by 2030 and has an ambition to be carbon-neutral by 2050. The company is pioneering two breakthrough carbon-neutral technology routes as part of its strategy: Smart Carbon and innovative DRI. The Long Products business owns Europe’s only DRI-EAF facility in
Today’s announcement of the MoU with
Vow first announced this MoU in a statement to the stock market on
For further queries, please contact:
Tel: + 47 90 78 98 25
Email: henrik.badin@vowasa.com
ArcelorMittal
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About ArcelorMittal
ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 18 countries. In 2019, ArcelorMittal had revenues of
Our goal is to help build a better world with smarter steels. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.
This is what we believe it takes to be the steel company of the future. ArcelorMittal is listed on the stock exchanges of
About
In Vow and our subsidiaries
We have delivered technology to a wide range of industries for many years. Our solutions are scalable, standardized, patented, and thoroughly documented, and our capabilities are well proven in concrete projects and deliveries.
In 2020, Vow established
Located in
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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