11:41, 11 November 2021

Danieli Group Signs a Decarbonization Memorandum with MMK

MMK and Danieli to work together to reduce carbon-dioxide emissions and improve environmental conditions.

PJSC "Magnitogorsk Iron and Steel Works – MMK", a Metal-Expo regular exhibitor, and Danieli, a Metal-Expo regular exhibitor, signed a five-year memorandum of understanding documenting the intention of the companies to collaborate on the use of decarbonization technologies to reduce and potentially eliminate carbon dioxide (CO2) emissions. The document was signed by Pavel Shilyaev, General Director of PJSC MMK, and Giacomo Mareschi, CEO of Danieli at Metal-Expo`2021.

The memorandum notes that the parties are interested in identifying potential technologies, conducting research and introducing decarbonization technologies at MMK, which will increase economic performance and improve the environmental situation due to the absence or reduction of carbon dioxide emissions.

Within the framework of this cooperation agreement, the parties intend to assess the technical and commercial feasibility of introducing Danieli decarbonization technologies for blast furnace and steelmaking processing at MMK's Magnitogorsk production site in the Chelyabinsk region, Russia. The result of these joint efforts within the framework of the memorandum should be a list of projects and initiatives on decarbonization for possible implementation at the Magnitogorsk Iron and Steel Works.

Commenting on the Signed Agreement, Pavel Shilyaev, said: “Our company fully supports the global efforts to prevent climate change and implements modern practices to reduce greenhouse gas emissions. This line of business is a key principle of MMK's sustainable development. The agreement with Danieli will help us fight climate change more effectively and will reduce the man-made impact on the environment.”

Giacomo Mareschi, in turn, added that Danieli is ready to provide specific technologies to effectively reduce the carbon footprint, claiming: “I am confident that after testing new Danieli developments at MMK's production facilities, we will be able to assess the technical and economic feasibility of their implementation, as a result of which we will identify those projects that will increase economic efficiency and environmental safety”

New on the topic

Ural Steel was Awarded the Gold Medal "Metal-Expo 2021" for Sheet Metal Made of Cryogenic Steel

Ural Steel (part of Metalloinvest ) was awarded the gold medal of the 27th International Industrial Exhibition " Metal-Expo 2021 " for the development and production of the...

26 November, 15:15

The Bronx Group: New Technologies As a Tool to Add Value to Your Coil

At this year’s Metal-Expo 2021 in Moscow, The Bronx Group , a Metal-Expo regular exhibitor, and its partners held a workshop dedicated to the latest technologies in the coil coating industry Guests learnt h...

24 November, 14:30

Metal-Expo’2021: Three Most Busy Days!

Metal-Expo’2021, the 27th International Industrial Exhibition was held on November 11-13 at Expocentre Fairgrounds, Moscow, Russia. More than 450 steel companies exhibited at the event, some 3k steel industry professionals attended to their stand...

16 November, 11:24

Severstal Signs with Schneider Electric and Air Liquide Climate Memorandum "Together for a low-carbon future"

PAO Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, a Metal-Expo regular exhibitor, has develope...

13 November, 12:31
Subscription to newsletter