voda schreef op 9 mei 2018 21:28:
Evaluating opportunities beyond steel also - Mr LN Mittal
Steel News - Published on Wed, 09 May 2018
ArcelorMittal, which has presence in 60 countries and an industrial footprint in 18 countries, is evaluating opportunities that complement its existing business and asset base. Chairman Mr LN Mittal said "ArcelorMittal is the world's leading steel company. But to maintain this we have to work hard and continually ensure we are evaluating the competitive landscape not just in steel but also in other materials and also taking into account the mega-trends that will shape the future of the economy.”
Mr Mittal told PTI “This is an era of fast-paced times. In the world of manufacturing, continued impact of digitisation will be seen besides that of artificial intelligence. "Our customers' demands are continually evolving and we have to stay ahead of that and continually develop our product offering. We are always evaluating opportunities that complement our existing business and asset base.”
Citing the example of company's plant at Gent in Belgium, Mittal said, they are implementing "an incredible technology" there that will enable it to turn waste gases into ethanol and then sell that ethanol and potentially plastics as well.
At its Dunkirk site: which is the largest in Europe: the company produced close to 7 million tonnes of steel in 2017, and heat recovered at the sinter plant has been feeding the municipal heating network, benefitting 6,000 homes, hospitals and swimming pools. Due to this the city avoids 4,50,000 tonnes of C02 - the equivalent of 50,000 people’s yearly C02 emissions.
The world's largest steelmaker has already inked a pact with carbon recycling company LanzaTech and technology provider Primetals Technologies to construct Europe’s first-ever commercial scale production facility to create bio-ethanol from waste gases produced during the steel-making process.
Source : PTI