Monday 28 November 2022

India’s Tata targets greener steel in new partnership with SMS

Tata Steel has partnered with SMS group to slash carbon emissions at its integrated steel plants across India.

They have signed a memorandum of understanding for the latter company to provide its expertise in supplying and commissioning steel plants with significantly lower CO2 emissions.

SMS is a supplier of the complete process chain, including all upstream and downstream processes plus recycling and a provider of services covering automation, digitalisation and consulting.

The steel industry, one of the hard-to-abate sectors, accounts for around 7% - 9% of global carbon emissions, according to statistics from the International Energy Agency (IEA).

Tata Steel has committed to reducing carbon footprint in production and through the lifecycle of the product.

Burkhard Dahmen, CEO and Chairman of SMS group said: “Our companies have a common goal to reduce carbon emissions from iron and steel production, as the industry is not only key to economic prosperity, it is also one of the largest CO2 emitters. We are therefore very proud to team up with Tata Steel and are committed to supporting the company with its decarbonisation roadmap.

“This represents an important contribution in the fight against climate change and is beneficial for the Indian economy as a whole and especially for the communities located around the steel plants.”