Italian merchant bar maker Beltrame is partnering with purchasing group Sider Center for the distribution of its carbon-neutral steel products under the brand name “Chalibria,” the company confirms to Kallanish.
The agreement comes in the wake of Beltrame’s investment in the sustainability of its products. The steelmaker is heavily reducing its European facilities’ carbon footprint and developing a circular economy across its supply chain.
“The synergy and common vision between players in the same sector, of which Gruppo Beltrame and Sider Center represent a positive example, is the winning card for finding solutions that mutually optimise the business towards the sustainable transition,” Beltrame cco Enrico Fornelli comments.
“This strategic collaboration confirms the intention to provide the national market with expertise and availability of the carbon neutral product on which Beltrame is making important investments,” Sider Center’s president, Stefano Dall’Aglio, says in a note sent to Kallanish.
Beltrame will invest around €200 million ($212m) in its plants in Italy, Romania, France and Switzerland over the next five years as part of its Chalibria plan. This is a structured decarbonisation process based on energy efficiency, consumption reduction and a revamp of the reheating furnaces. There will be an increase in the use of renewable energy and the circular economy. The project will replace the consumption of natural resources with recycled polymer material and reuse of white slag instead of lime and hydrogen solution. The steelmaker intends to cut 40% of emissions by 2030 compared with 2015 levels (see Kallanish 3 April).
Natalia Capra France