Tata Steel, one of the world’s leading steel producers, has signed a memorandum of understanding with SMS group to reduce carbon emissions at Tata’s integrated steel plants across India.
SMS group will contribute its leading technological expertise in designing, supplying, and commissioning plants with significantly lower CO2 emissions.
Burkhard Dahmen, CEO and Chairman of SMS group, said, “Our companies have a common goal to reduce carbon emissions from iron and steel production, as the industry is not only key to economic prosperity, it is also one of the largest CO2 emitters.
We are, therefore, very proud to team up with Tata Steel and are committed to supporting the company with its decarbonisation roadmap; this represents a significant contribution to the fight against climate change and is beneficial for the Indian economy as a whole and especially for the communities located around the steel plants.”
The MoU with Tata Steel is another milestone in SMS group’s mission to turn metals green.