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Interpipe announced compliance with EU emission standards to be introduced in 2050

Ukraine / Ferrous metallurgy

Viktor Pinchuk announced a 10-fold reduction in greenhouse gas emissions in metallurgical production, to less than 250 kg per ton of steel.

Interpipe announced compliance with EU emission standards to be introduced in 2050

Viktor Pinchuk's Ukrainian industrial group Interpipe reported on Facebook that today it is working with CO emissions 2 lower than the 250 kg per tonne of steel provided for in the European plan. The company claims that the construction of the metallurgical complex Interpipe Steel is the largest environmental investment in Ukraine.

Environmental modernization of industry is one of the key topics of the Ukrainian agenda, however, real environmental investments in Ukraine are of little interest and are not stimulated by the executive branch, says Denis Morozov, Interpipe's Economics and Finance Director.

“For example, in the European Union, enterprises with minimal CO 2 emissions or without any at all are exempted from paying the“ green ”energy tariff. There are such “green” metallurgical enterprises in Ukraine - these are those metallurgical plants that produce steel by the electric arc method and have the lowest CO 2 emissions, ”says Morozov.

CO 2 emissions from an EU metallurgical plant average 700 kg per tonne of finished steel. By 2050, the EU has set a target to reduce emissions to 250 kg of gas per ton of steel. For this, metallurgists must invest in modernization.

“The CO level 2 of our electric steelmaking complex Interpipe Steel is already below this norm. We shut down our polluting open-hearth steel production and invested nearly a billion dollars in innovative technologies. Thus, we have reduced CO 2 emissions by 10 times. This is one of the largest environmental investments in Ukraine ", - summed up in Interpipe.

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