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  • MIRECO: Europe's first recycling platform fights industrial greenhouse gase… 2022-12-07

    Dec. 6, 2022 - Manufacturers of refractory products such as RHI Magnesita can save an average of 1.8 t of CO2 if they use one tonne of recycled refractory bricks or material. Recycling is therefore a real booster in saving CO2. This is exactly where MIRECO comes in: "By increasing the use of recycled material, bricks or mixes throughout the refractory industry, we massively curb CO2 consum…

  • Paul Wurth IHI celebrates 10 years in Japan 2022-12-07

    Dec. 7, 2022 - Thursday 1 December 2022 marked the second day of the working visit of Luxembourg’s Minister of the Economy, Franz Fayot, to Japan. It was also the occasion to celebrate the tenth anniversary of the presence of Paul Wurth IHI in Japan in his presence. In November 2012, Luxembourg-based Paul Wurth joined forces with the IHI Corporation, a Japanese manufacturer of h…

  • POSCO to invest in eco-friendly projects in Australia 2022-12-05

    Dec. 5, 2022 - South Korean steelmaker POSCO Group has announced that it plans to invest a total of US$40 billion in Australia for eco-friendly projects by 2040, including US$28 billion in hydrogen production, including renewable energy and water electrolysis, and US$12 billion in green steel. Accordingly, POSCO Group plans to produce green hydrogen in Australia, and use it to pr…

  • Ukraine’s ArcelorMittal hit by Russian missile 2022-12-05

    Dec. 5, 2022 - Ukraine-based ArcelorMittal Kryvyi Rih has reported in its official statement that there was a Russian missile hit on its facilities on the night on December 5. According to the company, force majeure has been declared and rescuers are still working at the site of the attack together with medical teams in order to bring the situation under control. At the moment, there is no in…

  • Shiu Wing Steel to produce recycled steel 2022-12-02

    Dec. 2, 2022 - Shiu Wing Steel, the first and only steel-rolling mill in Hong Kong, China, plans to produce recycled steel to meet growing demand created by China’s green ambitions in Hong Kong and other cities in the Greater Bay Area (GBA) development zone, according to a report by local media. The 65-year-old steelmaker plans to build an electric-arc furnace at its plant in Tu…

  • Vidrio Formas completes glass capacity expansion 2022-12-02

    Dec. 2, 2022 - Mexican glass manufacturer Vidrio Formas has finalised the 2nd stage of its expansion at the new Plant II facility in Lerma, Mexico. The first stage was completed in July 2021 with the construction of the new facility and the installation of the batch plant and one 117m2 furnace with two manufacturing lines. The second stage includes the addi…

  • Grecian Magnesite receives EcoVadis silver medal for sustainability perform… 2022-12-02

    Dec. 1, 2022 - Grecian Magnesite has been awarded the Silver Medal from EcoVadis, the world's largest and most trusted provider of business sustainability ratings. Grecian Magnesite (“GM”) is placed amongst the top 13% when benchmarked within the industry, while our overall score is superior (or equal) to 79% of all companies rated by EcoVadis. Grecian Magnesite join…

  • Vesuvius plc releases trading update in Q3 2022 2022-12-02

    Dec. 2, 2022 - Vesuvius plc, a global leader in molten metal flow engineering and technology, announced the following update covering trading in the period 1 July to 31 October 2022. Summary ·      End markets have been weak during the second half to date, as expected ·      Vesuvius has continued to gain m…

  • Carolina Refractories, Inc. expanding operations in Horry County 2022-12-01

    Nov. 30, 2022 - Carolina Refractories, Inc., a manufacturer of monolithic refractories, today announced plans to expand its operations in Horry County. The company’s $3.7 million investment will create 38 new jobs over the next five years. Founded in 1986, Carolina Refractories, Inc. is a leading supplier of monolithic refractories, which consists of unshaped material that is resistant …

  • Saint-Gobain signs a major renewable electricity supply agreement in Spain 2022-12-01

    Dec. 1, 2022 - Saint-Gobain has signed a Power Purchase Agreement (PPA) with the top energy supplier in Spain, Endesa.  This 11-year agreement will start in 2024 and will cover around 55% of Saint-Gobain’s Spanish electricity needs. The electricity supplied by Endesa will be generated by its renewable portfolio: wind, solar and hydroelectric power. This agreement will…

  • Nabaltec AG announces revenue up 18.9% in Q1-Q3 2022 2022-12-01

    Dec. 1, 2022 - Nabaltec AG published its interim report for the third quarter of 2022 today, reporting record revenues of EUR 167.2 million for the first nine months. Nabaltec thus achieved growth of 18.9% compared to the same period of last year (EUR 140.6 million). The revenue momentum was thus once again slightly higher than originally expected, largely due to price increases. Operating pr…

  • POSCO Chemical completes the world’s largest cathode production plant 2022-12-01

    Dec. 1, 2022 - POSCO Chemical has completed the construction of the world’s largest cathode material plant in Gwangyang, which will have an annual capacity of 90,000 tons and is starting full-scale operation. The plant is expected to play a crucial role in laying the groundwork as the company grows as a top-tier battery material producer, acclaimed for its production capacity, product divers…

  • Esteel Sabah to invest to build green steel plant in Malaysia 2022-12-01

    Dec. 1, 2022 - Malaysia-based Esteel Enterprise Sabah Sdn Bhd (Esteel Sabah), a subsidiary of Singapore-based Esteel Enterprise Pte Ltd. will invest RM 19.59 billion ($4.44 billion) to build a green steel plant at Sipitang Oil and Gas Industrial Park, according to media reports. The plant will use natural gas as a reducing agent instead of coke and coal, leading to a carbon emiss…

  • Tokai Carbon annances net sales up 33.1% as of Sept. 30, 2022 2022-12-01

    Dec. 1, 2022 - During the first nine months of 2022 (from January 1, 2022 to September 30, 2022) the global economy simultaneously experienced a significant slowdown in the pace of economic recovery and an increase in inflation, contrary to expectations at the beginning of the year. Although lockdowns occurred in major Chinese cities, the balance between anti-infection measures and economi…

  • Nippon Steel eyes more stakes in coking coal mines to secure stable supply 2022-11-26

    Nov. 25, 2022 - Nippon Steel, the world’s No. 4 steelmaker, is looking to buy more stakes in coking coal mines to secure stable supply of the key steel-making ingredient, its executive said. Japan’s biggest steelmaker already owns stakes in several coking coal mines and iron ore mines, procuring about 20% of the 27 million tons of its annual import of coking coal and the 58 million tons …

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