Outokumpu launches stainless steel product with 92% lower carbon footprint than industry average
Stainless steel producer says new product has 'smallest emission intensity in the world'.
Outokumpu has launched, Circle Green Core, which it says has the smallest emission intensity in the world, with a 92% lower carbon footprint than the global average.
The company says improvements were made throughout the whole production chain with reductions in upstream raw material emissions
Biogas, biodiesel, bio coke, and low-carbon electricity were used in production to eliminate 95% of all scope 1 and 2 CO2 emissions. While these bio-based materials have all been tested previously in production, they were used together for the first time in this process.
It reviewed and optimised the emissions from each production step from the stainless steel melt process and energy production to transportation and raw material production. The emission reduction calculation includes all emission scopes according to the Greenhouse Gas Protocol method.
Niklas Wass, Outokumpu’s Executive Vice President of Operations, outlines future plans, “In this first phase, we will concentrate our efforts to serve a few strategic customers, but we are already looking at ways to scale up the production,” he says.