29/11/2022 – Close collaboration on green projects, technology, and research and development
Primetals and Tata Steel to partner on “Green Steel Transition“
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.
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.
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.
“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,” said Norbert Petermaier, Executive Vice President, Sales at Primetals Technologies.
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.