{"id":82533,"date":"2024-02-21T00:00:00","date_gmt":"2024-02-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/02\/21\/emirates-steel-arkan-finlands-magsort-partner-on-decarbonization-initiative\/"},"modified":"2024-02-21T00:00:00","modified_gmt":"2024-02-21T00:00:00","slug":"emirates-steel-arkan-finlands-magsort-partner-on-decarbonization-initiative","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/02\/21\/emirates-steel-arkan-finlands-magsort-partner-on-decarbonization-initiative\/","title":{"rendered":"Emirates Steel Arkan + Finland\u2019s Magsort partner on decarbonization initiative"},"content":{"rendered":"

Magsort\u2019s green tech will decarbonize the steel value chain:<\/strong> UAE\u2019s largest steel maker Emirates Steel Arkan<\/a> and Finnish climate tech company Magsort<\/a> have completed pilot testing on a decarbonization initiative aiming to slash 15% of the emissions from Steel Arkan\u2019s Al Ain Cement Factory, according to a statement<\/a>. <\/p>\n

What\u2019s happening? <\/strong>Magsort\u2019s technology is being used to process steel slag<\/a> \u2014 a calcium-rich by-product of steel making \u2014 in efforts to decrease limestone and fuel consumption. The plant will be the first of its kind for the region and comes on the back of Emirates Steel Arkan\u2019s efforts to reach the country\u2019s 2030 decarbonization targets four years ahead of schedule,\u200d CEO of EMSTEEL Building Materials<\/a> \u2014 a subsidiary of Emirates Steel Arkan \u2014 Hugo Losada said.<\/p>\n

More about the tech:<\/strong> Magsort is able to reduce 3-17% \u2014 depending on the type of furnace used \u2014 of CO2 emissions from the steel making process. The company\u2019s technology can capture two times more steel from steel slag than traditional methods, and is able to extract small pieces of steel that are normally missed by traditional met recovery plants at 80 to 95% purity. The leftover steel slag is also 100% recyclable and can be used as a raw material in the cement industry. Magsort\u2019s recovered steel can be used in either a Basic Oxygen Furnace (BOF)<\/a> or an Electric Arc Furnace (EAF)<\/a> in the steel manufacturing process.<\/p>\n

Steel Arkan already has on green on the brain:<\/strong> Renewables giant Masdar partnered with Emirates Steel Arkan in November to develop a pilot green hydrogen plant<\/a> to decarbonize the UAE\u2019s steel sector. The pilot project could potentially cut carbon emissions in the steel-making process by 95%. <\/p>\n

About Magsort:<\/strong> Magsort is a Finnish company focused on developing technology to address the problem of steel slag being \u201cdumped into road construction for centuries\u201d its website explains, adding that the polluting practice represents \u201cone of the biggest historical wastes of already emitted CO2, according to its website<\/a>. Magsort aims to bridge the gap between two of the largest CO2-emitting industries, steel and cement.<\/p>\n","protected":false},"excerpt":{"rendered":"

The initiative could curb 15% of emissions.<\/p>\n","protected":false},"author":1,"featured_media":82534,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[257],"tags":[74,316,11,189,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-82533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-decarbonization","tag-decarbonization","tag-emirates-steel","tag-enterpriseclimate","tag-green-industry","tag-uae","wpautop","entry"],"acf":{"mongo_id":"593190b1-28f4-4ae6-b0c2-59808922b822","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/1919.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Emirates 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