Blastr Green Steel has entered a memorandum of Understanding with Knauf Interfer for the annual supply of 100,000 tonnes of ultra-low CO₂ steel. This collaboration is aimed at increasing the supply of decarbonised steel in Europe.
Blastr is developing a low-carbon steel value chain that cuts CO₂ emissions by over 90%, using hydrogen instead of coal and feedstock produced with clean energy. One such development includes the steel plant in Inkoo, Finland, set to produce 2.5 million tonnes of ultra-low CO₂ steel annually, and a green pellets plant in the UK for addressing the growing European demand for sustainable and environmentally friendly industrial solutions.
Mark Bula, CEO of Blastr, commented, “The collaboration between Blastr and Knauf Interfer is an important step towards demonstrating Blastr’s business model founded on strong industrial partnerships and our customer-centric approach to meet rapidly growing demand. Together, we will create a more efficient green steel value chain that delivers tangible climate change mitigation and a resilient regional supply chain.”
The COO of Knauf Interfer, Domenico Marino, expressed their excitement about partnering with Blastr for a greener future. “This collaboration is a major step towards meeting increased demand for green steel through sustainable solutions across the supply chain and reflects Knauf Interfer’s strong commitment to progressing the energy transition,” he said.
Their collaboration is an important step in developing a European ultra-low CO2 steal supply with Knauf Interfer’s production and supply chain management, centered in Duisburg, Germany. This prime location in Europe’s largest inland port will be a key hub, ensuring economical and sustainable delivery to Central European customers.