Primetals Technologies and LanzaTech announced the signing of a renewed ten-year cooperation agreement to accelerate the deployment of integrated environmental solutions for the steel industry worldwide. Primetals Technologies builds on over 60 years of innovation in metals production and leverages the combined portfolio of predecessors Mitsubishi-Hitachi Metals Machinery and Siemens VAI, founded in 1938. Today, Primetals Technologies represents one of the longest standing global suppliers bringing new technology to the steel sector. LanzaTech’s commercialized carbon recycling platform takes emissions from heavy industry, including from the steel industry, and transforms them into the building blocks to make fuels and chemicals. The renewed commitment cements a shared strategy for advancing the metallurgy industry’s green transition: Primetals Technologies’s focus on delivering multiple solutions for green steel combined with LanzaTech’s novel carbon capture and utilization technology that turns waste to value. Under the previous agreement, the companies worked together on process integration and optimization of transforming steel emissions into commodity chemicals. Through this new ten-year agreement, Primetals Technologies and LanzaTech will enable more projects in the global iron and steel sector to adopt LanzaTech’s carbon recycling technologies.
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