Outokumpu Invests EUR 40 Million in Biocarbon Plant at Germany
The high-quality biocarbon production plant will annually produce 15,000 TPA of biocarbon using waste wood as raw material. Dec 31, 2024 Outokumpu, the global leader in sustainable stainless steel, has decided to invest EUR 40 million for building a high-quality biocarbon production plant in Germany with a production capacity of 15,000 TPA biocarbon using waste […]
Outokumpu to Invest EUR 40 Million in Sustainable Biocarbon Plant in Germany
Outokumpu has announced a EUR 40 million investment to establish a biocarbon production plant in Sassnitz, Germany. Scheduled for commissioning in the first half of 2026, the plant will supply biocoke to Outokumpu’s pelletizing plant in Tornio, Finland. Dec 6, 2024 Outokumpu, a global leader in sustainable stainless steel, announced a EUR 40 million investment […]
Outokumpu & Siemens Join Forces to Reduce Carbon Emissions
Outokumpu and Siemens have joined forces to reduce carbon emissions in the production of medium-voltage switchgear. Outokumpu Circle Green®, with up to a 93 percent lower carbon footprint than the industry average*, will be used to produce medium-voltage switchgear. Dec 13, 2023 Outokumpu, the global leader in sustainable stainless steel, and Siemens, a technology company […]
Outokumpu and CRONIMET Expand their Partnership to Take Circularity to New Heights
Outokumpu will acquire a 10% minority interest in CRONIMET North-East GmbH as per their agreement and expand their partnership to secure access to high-quality scrap near Outokumpu’s sites in Europe and take circularity to new heights. Nov 7, 2023 Outokumpu and CRONIMET have expanded their partnership to secure access to high-quality scrap near Outokumpu’s sites […]
Finland’s Outokumpu Divests Remaining Sweden-Based Long Products Operations at EUR 12 Million
Stainless steel producer Outokumpu has divested a majority of its Long Products business, through signing an agreement to divest these operations in Degerfors and Storfors to Cogne Acciai Speciali, leading producer of long stainless steels and nickel alloys based in Italy. The enterprise value of the transaction is EUR 12 million and the divestment is […]
