In a press release, the company said it has already drastically reduced carbon emissions. Building on the success of its pilot project to heat steel with fossil-free hydrogen, Ovako is now developing a full-scale installation at its Hofors facility. The project is forecast to reduce emissions by 80% from the 2015 baseline.
 
“We want to be at the forefront of the transition toward a sustainable society with no carbon emissions. We are therefore initiating 100% carbon-neutral steel production from 2022,” said Marcus Hedblom, president and chief executive of Ovako.
 
“Ovako’s climate initiatives have, so far, contributed to a reduction of our carbon footprint by 55% since 2015. Through our hydrogen heating initiative, we will drive that development further and support our customers in their journey to make their products more climate smart.”
 
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