Air Liquide, ArcelorMittal Partner to Produce Low-Carbon Steel
March 17 2021 - 1:44PM
Dow Jones News
By Joshua Stein
Air Liquide SA and ArcelorMittal have signed a memorandum of
understanding to develop ways to produce low-carbon steel in
Dunkirk, France, the two companies said Wednesday.
The companies said Air Liquide will supply carbon capture
technology and low-carbon hydrogen to ArcelorMittal, which will
decrease yearly carbon dioxide emissions at its facilities in
Dunkirk by 2.85 million metric tons by 2030.
ArcelorMittal will use a submerged arc furnace and direct
reduced iron unit in Dunkirk to drive the production of low-carbon
steel, the companies said.
The companies didn't disclose the financial details of the
arrangement.
Write to Joshua Stein at joshua.stein@wsj.com
(END) Dow Jones Newswires
March 17, 2021 13:29 ET (17:29 GMT)
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