Latest news with #Emsteel
Zawya
4 days ago
- Business
- Zawya
Emsteel, Magsort to start decarbonised cement production in Al Ain
UAE - Emsteel, one of the largest publicly traded steel and building materials manufacturers in the region, has announced a major milestone in its decarbonisation journey where it has signed a strategic partnership with Finnish company Magsort to produce decarbonised cement. The agreement follows the success the Group has had in implementing an industrial-scale pilot for decarbonised cement production at its Al Ain facility through utilising 10,000 tonnes of materials that reduce carbon, which have been developed by incorporating steel-slag. Emsteel Group's pilot provides a unique use-case for complementary operations between its two main business lines: Steel and Cement. This is achieved by incorporating steel slag at scale as raw material for clinker and cement production, reinforcing the Group's commitment towards driving sustainability in the sector. Due to its diverse product range, Emsteel in uniquely positioned to pioneer a viable and practical circular economy case study. This simultaneously underscores Emsteel's strategic capability to expedite decarbonisation efforts across diverse sectors and strengthens its standing as a regional sustainability leader setting new benchmarks for industrial innovation in developing low-carbon cement. To address the growing local market demand for low-carbon cement, an integrated line will be built at the company's Al Ain plant, said the company in a statement. This line will process steel residue and refine materials sourced from Emsteel's steel plant in Abu Dhabi. This significant initiative is a crucial step expected to directly contribute to reducing Scope 1 carbon dioxide emissions, it stated. This initiative is a core component of Emsteel's decarbonisation strategy. The company aims to achieve a 40% reduction in absolute greenhouse gas (GHG) emissions in its Steel Business Unit and by 30% reduction in its Cement Business Unit by 2030, using 2019 as the baseline year. Emsteel remains firmly committed to reaching net-zero emissions by 2050. Group CEO Saeed Ghumran Al Remeithi said: "This is a proud moment for Emsteel and a strong signal of what is possible when innovation meets ambition. By transforming steel slag into a valuable input for cement, we are not only cutting emissions but also proving the commercial value of industrial circularity." "Our integrated model is unlocking real results, and this milestone is a testament to our commitment to accelerate our decarbonisation journey and help deliver the UAE's Net Zero vision," he stated. Hugo Losada, CEO of Emirates Cement, part of Emsteel Group, said: "This milestone represents an important step in our decarbonisation journey. Proving the technical and commercial viability of this decarbonisation effort is a promising sign that we will be able to achieve our objective of hitting the 2030 decarbonisation targets by 2026." "We look forward to continuing this very fruitful co-operation with Magsort over the years to come," he stated. Kalevi Kostiainen, CEO of Magsort, said: "We are extremely happy in achieving this key milestone in Abu Dhabi. The co-operation with Emirates Cement has been incredibly productive and this facility serves as a large-scale example for the industry on how to achieve significant CO₂ reduction with today's technology and existing materials." "It's a clear win-win for the cement and steel industries. We would like to thank Emirates Cement for leading the way and taking action," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
5 days ago
- Business
- Trade Arabia
Emsteel achieves industrial-scale decarbonised cement success
Emsteel, one of the largest publicly traded steel and building materials manufacturers in the region, has announced a major milestone in its decarbonisation journey with the signing of a strategic partnership with Finnish company Magsort to produce decarbonised cement. The agreement follows the success the group has had in implementing an industrial-scale pilot for decarbonised cement production at its Al Ain facility through utilising 10,000 tonnes of materials that reduce carbon, which have been developed by incorporating steel-slag. Emsteel Group's pilot provides a unique use-case for complementary operations between its two main business lines: steel and cement. This is achieved by incorporating steel slag at scale as raw material for clinker and cement production, reinforcing the group's commitment towards driving sustainability in the sector. Due to its diverse product range, Emsteel is uniquely positioned to pioneer a viable and practical circular economy case study. This simultaneously underscores Emsteel's strategic capability to expedite decarbonisation efforts across diverse sectors and strengthens its standing as a regional sustainability leader setting new benchmarks for industrial innovation in developing low-carbon cement, the company said. To address the growing local market demand for low-carbon cement, an integrated line will be built at the company's Al Ain plant. This line will process steel residue and refine materials sourced from EMSTEEL's steel plant in Abu Dhabi. This significant initiative is a crucial step expected to directly contribute to reducing Scope 1 carbon dioxide emissions. This initiative is a core component of Emsteel's decarbonisation strategy. The company aims to achieve a 40% reduction in absolute greenhouse gas (GHG) emissions in its Steel Business Unit and by 30% reduction in its Cement Business Unit by 2030, using 2019 as the baseline year. Emsteel remains firmly committed to reaching net-zero emissions by 2050. Eng Saeed Ghumran Al Remeithi, Group CEO of Emsteel, said: 'This is a proud moment for Emsteel and a strong signal of what is possible when innovation meets ambition. By transforming steel slag into a valuable input for cement, we are not only cutting emissions but also proving the commercial value of industrial circularity. Our integrated model is unlocking real results, and this milestone is a testament to our commitment to accelerate our decarbonisation journey and help deliver the UAE's Net Zero vision.' Hugo Losada, CEO of Emirates Cement, part of Emsteel Group, said: 'This milestone represents an important step in our decarbonisation journey. Proving the technical and commercial viability of this decarbonisation effort is a promising sign that we will be able to achieve our objective of hitting the 2030 decarbonisation targets by 2026. We look forward to continuing this very fruitful co-operation with Magsort over the years to come.' Kalevi Kostiainen, CEO of Magsort, said: 'We are extremely happy in achieving this key milestone in Abu Dhabi. The co-operation with Emirates Cement has been incredibly productive and this facility serves as a large-scale example for the industry on how to achieve significant CO₂ reduction with today's technology and existing materials. It's a clear win-win for the cement and steel industries. We would like to thank Emirates Cement for leading the way and taking action.' -
Yahoo
23-05-2025
- Business
- Yahoo
Alleima's Kanthal division and Danieli to supply first electric process gas heater for commercial use in DRI
SANDVIKEN, Sweden, May 23, 2025 /PRNewswire/ -- Alleima's Kanthal division and Danieli will supply a pilot-scale electric process gas heater to be installed at Emsteel's Direct Reduced Iron (DRI) plant in Abu Dhabi, UAE, to electrify a part of their existing heating system. The heater is based on Prothal® DH technology and will be the first electric process gas heater for DRI that Kanthal supplies for commercial use - an important step in the ongoing development project. Delivery is planned for the beginning of 2026. Emsteel is UAE's largest steel and building materials manufacturer. The Emsteel plant in Abu Dhabi produces quality long products – heavy sections, bars and wire rods – and features an Energiron DRI plant. By installing a 1-megawatt size electric process gas heater, supplied by Kanthal and Danieli, the company will take another step towards making this low-emission plant even more environmentally friendly. Prothal® DH has been developed and tested by Kanthal and is now being prepared for commercialization together with the strategic partner Danieli. When fully scaled up, this technology has the potential to completely remove the CO2 emissions from the heating process while enhancing energy efficiency. "This pilot is an important step in the development and industrialization of full-scale electric process gas heaters for DRI and other ironmaking applications. We're proud to see that the technology is now being implemented in an end-user production setting, which will enable further opportunities for future sales and commercialization," says Robert Stål, President of the Kanthal division. Kanthal and Danieli signed a strategic partnership agreement to develop and industrialize full-scale electric process gas heaters for DRI and other ironmaking applications in 2024. The heating solution is being developed for hydrogen, natural gas and combinations, thereby enabling retrofitting of existing DRI plants. By installing this technology in Energiron hydrogen-ready DRI plants, fully emission-free DRI production can be achieved. Even for natural gas based DRI plants, a more than 30% reduction of CO2 emissions will be achieved when electrifying the heating system. Sandviken, May 23, 2025 Alleima AB (publ) Contact details Emelie Alm, Head of Investor Phone: +46 (0) 79 060 87 17Yvonne Edenholm, Press and Media Relations +46 (0) 72 145 23 42 About Alleima Alleima, is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden, had approximately 6,500 employees and revenues of about 20 billion SEK in about 80 countries in 2024. The Alleima share was listed on Nasdaq Stockholm's Large Cap list on August 31, 2022 under the ticker 'ALLEI'. Learn more at This information was brought to you by Cision The following files are available for download: Alleima’s Kanthal division and Danieli to supply first electric process gas heater for commercial use in DRI View original content: SOURCE Alleima Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Alleima's Kanthal division and Danieli to supply first electric process gas heater for commercial use in DRI
SANDVIKEN, Sweden, May 23, 2025 /PRNewswire/ -- Alleima's Kanthal division and Danieli will supply a pilot-scale electric process gas heater to be installed at Emsteel's Direct Reduced Iron (DRI) plant in Abu Dhabi, UAE, to electrify a part of their existing heating system. The heater is based on Prothal® DH technology and will be the first electric process gas heater for DRI that Kanthal supplies for commercial use - an important step in the ongoing development project. Delivery is planned for the beginning of 2026. Emsteel is UAE's largest steel and building materials manufacturer. The Emsteel plant in Abu Dhabi produces quality long products – heavy sections, bars and wire rods – and features an Energiron DRI plant. By installing a 1-megawatt size electric process gas heater, supplied by Kanthal and Danieli, the company will take another step towards making this low-emission plant even more environmentally friendly. Prothal® DH has been developed and tested by Kanthal and is now being prepared for commercialization together with the strategic partner Danieli. When fully scaled up, this technology has the potential to completely remove the CO2 emissions from the heating process while enhancing energy efficiency. "This pilot is an important step in the development and industrialization of full-scale electric process gas heaters for DRI and other ironmaking applications. We're proud to see that the technology is now being implemented in an end-user production setting, which will enable further opportunities for future sales and commercialization," says Robert Stål, President of the Kanthal division. Kanthal and Danieli signed a strategic partnership agreement to develop and industrialize full-scale electric process gas heaters for DRI and other ironmaking applications in 2024. The heating solution is being developed for hydrogen, natural gas and combinations, thereby enabling retrofitting of existing DRI plants. By installing this technology in Energiron hydrogen-ready DRI plants, fully emission-free DRI production can be achieved. Even for natural gas based DRI plants, a more than 30% reduction of CO2 emissions will be achieved when electrifying the heating system. Sandviken, May 23, 2025 Alleima AB (publ) Contact details Emelie Alm, Head of Investor Phone: +46 (0) 79 060 87 17Yvonne Edenholm, Press and Media Relations +46 (0) 72 145 23 42 About Alleima Alleima, is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden, had approximately 6,500 employees and revenues of about 20 billion SEK in about 80 countries in 2024. The Alleima share was listed on Nasdaq Stockholm's Large Cap list on August 31, 2022 under the ticker 'ALLEI'. Learn more at This information was brought to you by Cision The following files are available for download: Alleima’s Kanthal division and Danieli to supply first electric process gas heater for commercial use in DRI View original content: SOURCE Alleima Sign in to access your portfolio
Trade Arabia
21-05-2025
- Business
- Trade Arabia
Emsteel contributes $1.6bn to Abu Dhabi GDP
Emsteel has contributed approximately AED6.2 billion ($1.69 billion) to the gross domestic product (GDP) of the Emirate of Abu Dhabi, the Group CEO Engineer Saeed Ghumran Al Remeithi has said. In statements to the Emirates News Agency (WAM), on the sidelines of the 'Make it in the Emirates 2025', Al Remeithi stated that the group currently holds a significant share of the UAE's industrial output. It contributes 10% to the total non-oil manufacturing sector in Abu Dhabi and commands 60% of the steel market across the country. He emphasised the group's commitment to developing the industrial ecosystem in the UAE. Emsteel has emerged, he said, as one of the main supporters of the National In-Country Value (ICV) Programme. In 2024, the group allocated more than AED3.5 billion to local procurement, collaborated with over 1,365 local suppliers, and directed 48.2% of its total procurement spending to domestic companies. Regarding market performance, Al Remeithi noted that the steel market in the UAE witnessed growth exceeding 20% last year. This growth is expected to continue at a rate of over 10%, driven by major projects, especially in the energy and infrastructure sectors.
