(IN BRIEF) voestalpine and VERBUND are expanding the H2FUTURE PEM electrolysis pilot in Linz, adding €16.4 million in compression, purification, and storage infrastructure—five new tanks and associated loading systems—to their 6 MW, 12-stack electrolyzer that has been producing 1 200 … Read the full press release
Posted in Austria, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged compression, electric arc furnace, energy transition, European hydrogen pilot, GREEN HYDROGEN, greentec steel, grid stability, H2FUTURE, Herbert Eibensteiner, Linz, Michael Strugl, net-zero CO₂, PEM electrolysis, purification, renewable energy, storage tanks, VERBUND, voestalpine
(IN BRIEF) voestalpine and VERBUND are expanding the H2FUTURE PEM electrolysis pilot plant in Linz with a new compression and purification unit and five hydrogen storage tanks, at a cost of €16.4 million. The follow-up project continues their research into … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Metals and Minerals, News, Technology
Tagged compression, electric arc furnace, GREEN HYDROGEN, greentec steel, grid-frequency balancing, H2FUTURE, H2FUTURE Follow-Up, Herbert Eibensteiner, industrial research collaboration, Linz Austria, Michael Strugl, net-zero CO₂ emissions by 2050, partnership, PEM electrolysis, project timeline, purification, renewable energy, storage tanks, sustainability, VERBUND AG, Vienna Stock Exchange, voestalpine AG
(IN BRIEF) SSAB will purchase high-quality automotive steel scrap from Volvo Cars’ Olofström facility, with deliveries beginning in 2026 and reaching full volume in 2027. The scrap will be processed in SSAB’s new electric arc furnace at the Oxelösund mill, … Read the full press release
Posted in Automotive, Business, Environment, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged Asma Manesh, automotive steel scrap, circular economy, CO₂ emissions reduction, decarbonized steel, electric arc furnace, fossil-free steel, Olofström plant, Oxelösund mill, SSAB, supply chain circularity, sustainable production, Volvo cars
(PRESS RELEASE) LUXEMBOURG, 14-Apr-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), the world’s leading steel and mining company, has announced the acquisition of the majority shareholding (80%) of the world-class Hot Briquetted Iron (HBI) plant located in Corpus Christi, Texas … Read the full press release
Posted in Austria, Business, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News, Technology
Tagged Aditya Mittal, ArcelorMittal, Corpus Christi, decarbonisation, Direct Reduced Iron, DRI, electric arc furnace, GREEN HYDROGEN, HBI, HBI plant, Hot Briquetted Iron plant, MIDREX Technologies Inc., Shareholding, steel grades, steelmaking, Texas, voestalpine
(COMMUNIQUÉ DE PRESSE) LUXEMBOURG, 14-Apr-2022 — /EuropaWire/ — ArcelorMittal SA (AMS : MT), leader mondial de la sidérurgie et des mines, a annoncé l’acquisition de la participation majoritaire (80 %) de l’usine de fer briqueté à chaud (HBI) de classe mondiale située … Read the full press release
Posted in Austria, Business, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News, Technology
Tagged Aditya Mittal, ArcelorMittal, Corpus Christi, decarbonisation, Direct Reduced Iron, DRI, electric arc furnace, GREEN HYDROGEN, HBI, HBI plant, Hot Briquetted Iron plant, MIDREX Technologies Inc., Shareholding, steel grades, steelmaking, Texas, voestalpine
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