SSAB's fossil-free steel featured in Volvo Group's vehicle
PR92473
STOCKHOLM, Oct. 21, 2021 /PRNewswire=KYODO JBN/ --
In a world-first, Volvo Group reveals the first vehicle made of fossil-free
steel produced by SSAB. The machine, a load carrier for use in mining and
quarrying, is being unveiled at a Volvo collaboration event today in
Gothenburg.
More vehicles and machines will follow in 2022 in a series of concept vehicles
and components using fossil-free steel from SSAB.
"Having the world's first actual vehicle made using SSAB's fossil-free steel is
a true milestone. Our collaboration with Volvo Group shows that green
transition is possible and brings results," says Martin Lindqvist, President
and CEO at SSAB. "Together, we will continue reducing climate impact all the
way to the end customer while ensuring that our customers get high-quality
steel. We look forward to continuing to work with Volvo Group in research and
development to produce more fossil-free steel products."
"This initiative with SSAB sets the benchmark for a fossil-free future. Just as
the nations of the world come together at COP26 to address climate change, so
too must organizations and industries work in collaboration to develop
innovative new solutions for a greenhouse gas emission free future. Volvo Group
is committed to pioneering partnerships such as this with SSAB to develop
attractive, safe and efficient new vehicles and machines that pave the way for
a more sustainable transport and infrastructure system adopted for the future,"
says Martin Lundstedt, President and CEO Volvo Group.
In 2026, SSAB plans to supply the market with fossil-free steel at a commercial
scale after a conversion of its Oxelösund blast furnaces into an electric arc
furnace and by using HYBRIT technology, which replaces coking coal
traditionally needed for iron ore-based steelmaking, with fossil-free
electricity and hydrogen. This process is a deciding move toward virtually
eliminating carbon dioxide-emissions in steel production.
In August 2021, SSAB was able to show the world´s first fossil-free steel plate
made from hydrogen-reduced iron produced at HYBRIT´s pilot plant in Luleå,
Sweden. The HYBRIT initiative is a collaboration between SSAB, LKAB and
Vattenfall, and an essential step toward a completely fossil-free value chain
for steelmaking.
SSAB is a Nordic and US-based steel company. SSAB offers value added products
and services developed in close cooperation with its customers to create a
stronger, lighter and more sustainable world. SSAB has employees in over 50
countries. SSAB has production facilities in Sweden, Finland and the US. SSAB
is listed on
Nasdaq Stockholm and has a secondary listing on Nasdaq Helsinki. www.ssab.com.
Join us also on social media: Facebook( https://www.facebook.com/ssab.ab/ ),
Instagram( https://www.instagram.com/ssab/ ), LinkedIn(
https://www.linkedin.com/company/ssab ), Twitter( https://twitter.com/SSAB_AB )
and YouTube( https://www.youtube.com/ssab ).
SOURCE SSAB
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Caption: SSAB’s fossil-free steel featured in Volvo
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