Primetals Technologies and LanzaTech announce renewal of ten-year cooperation to advance industry transition to green steel
27 Juni 2023 - 4:19PM
Primetals Technologies, Limited and LanzaTech Global Inc. (Nasdaq:
LNZA), a leading carbon capture and utilization company, today
announced the signing of a renewed ten-year cooperation agreement
to accelerate the deployment of integrated environmental solutions
for the steel industry worldwide.
Primetals Technologies builds on over 60 years of innovation in
metals production and leverages the combined portfolio of
predecessors Mitsubishi-Hitachi Metals Machinery and Siemens VAI,
founded in 1938. Today, Primetals Technologies represents one of
the longest standing global suppliers bringing new technology to
the steel sector. LanzaTech’s commercialized carbon recycling
platform takes emissions from heavy industry, including from the
steel industry, and transforms them into the building blocks to
make fuels and chemicals.
The renewed commitment cements a shared strategy for advancing
the metallurgy industry’s green transition: Primetals
Technologies’s focus on delivering multiple solutions for green
steel combined with LanzaTech’s novel carbon capture and
utilization (CCU) technology that turns waste to value. Under the
previous agreement, the companies worked together on process
integration and optimization of transforming steel emissions into
commodity chemicals. Through this new ten-year agreement, Primetals
Technologies and LanzaTech will enable more projects in the global
iron and steel sector to adopt LanzaTech’s carbon recycling
technologies.
“There is no single pathway for the steel industry to reduce its
emissions, but a range of solutions can play a significant part in
meeting national, regional, and even corporate net zero goals,”
said LanzaTech CEO Dr. Jennifer Holmgren. “We are delighted to
offer a solution at commercial scale today and to be working
alongside a sector leader like Primetals Technologies to bring our
technology to more industrial players around the world.”
“The steel sector’s goal to achieve net-zero by
2050 depends upon breakthrough CCU technologies as they evolve,”
said Dr. Alexander Fleischanderl, SVP and Head of Green Steel at
Primetals Technologies. “Even as steel mills transition to new
production methods, LanzaTech’s approach can utilize a variety of
gas streams without any noticeable alterations to equipment or
technology. If a steel plant decides to move on from today’s more
carbon-intensive method of production to newer processes,
LanzaTech’s technology will still integrate with the resulting new
gas streams. This flexibility is tremendously exciting for the
future of the industry.”
Together, the companies have already collaborated with
ArcelorMittal, one of the world’s leading steel companies, to
deploy LanzaTech’s technology at ArcelorMittal’s flagship steel
mill in Ghent, Belgium, with support from CINEA. The ArcelorMittal
Steelanol project will convert the emissions from steel
manufacturing into advanced ethanol that can be used to make
sustainable fuels and other downstream products—a first of its kind
for the European steel industry. Inaugurated in December 2022, this
facility commenced operations at the end of May 2023, and the first
samples produced were shown at a joint LanzaTech-Primetals
Technologies event at METEC, the largest metallurgical trade fair
in Düsseldorf, earlier this month. Once the Steelanol facility
reaches full commercial-scale operations, it will have the capacity
to reduce carbon emissions by 125,000 tonnes and produce 80 million
litres of advanced ethanol annually.
Funding for the Steelanol facility was obtained from various
sources, including the Flemish and Belgian governments and the
European Union’s Horizon 2020 research and innovation program under
grant agreement No 656437. Part of the funding was also secured
with a loan from the European Investment Bank.
About Primetals Technologies
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 Group Company
of Mitsubishi Heavy Industries, with around 7,000 employees
worldwide. To learn more about Primetals Technologies, visit the
company website www.primetals.com.
Contact for journalists:
Björn Westin, Press Officer bjoern.westin@primetals.com
Mob. +43 664 6150250
About LanzaTechHeadquartered in Skokie, IL,
LanzaTech Global, Inc. (Nasdaq: LNZA) captures waste carbon and
transforms it into materials such as sustainable fuels, fabrics,
packaging, and other products. Using a variety of waste feedstocks,
LanzaTech’s technology platform is contributing to a future where
consumers are not dependent on virgin fossil feedstocks for
everything in their daily lives. LanzaTech’s goal is to challenge
and change the way the world uses carbon, enabling a new circular
carbon economy where carbon is reused rather than wasted, skies and
oceans are kept clean, and pollution becomes a thing of the past.
For more information about LanzaTech visit
https://lanzatech.com.
Forward-Looking StatementsThis press release
includes forward-looking statements regarding LanzaTech based on
the beliefs and assumptions of its management. Although LanzaTech
believes that its plans, intentions, and expectations reflected in
or suggested by these forward-looking statements are reasonable,
LanzaTech cannot assure you that it will achieve or realize these
plans, intentions, or expectations. Forward-looking statements are
inherently subject to risks, uncertainties, and assumptions. You
should not put undue reliance on these statements, which speak only
as of the date hereof. LanzaTech undertakes no obligations to
update or revise publicly any forward-looking statements, whether
because of new information, future events or otherwise, except as
required by law.
Contacts:
Media Contact - LanzaTechKit McDonnell,
Director of CommunicationsPress@lanzatech.com
Investor Relations Contact - LanzaTechOmar
El-Sharkawy VP, Corporate Development LanzatechIR@icrinc.com
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