The Automotive Division of Benteler group says it aims to further expand its CO2-reduced product portfolio after signing a memorandum of understanding for steel supply from ArcelorMittal.
The two companies, which already have a longstanding partnership, will work together on several sustainability projects using ArcelorMittal’s XCarb recycled and renewably produced steel, Kallanish learns from Benteler. The steels will be used for chassis and structural components.
Benteler says it has set itself ambitious sustainability targets with the aim of decarbonising the company and achieving net zero by 2050. The group aims to halve production-related Scope 1 and 2 emissions compared with 2019 as soon as 2030. In addition, upstream and downstream – Scope 3 – emissions along the supply chain are also to be reduced by 30%.
The Steel/Tube Division is aiming to achieve CO2 neutrality by 2045 through increased energy efficiency, green electricity and CO2-reduced starting material, the company says.
In addition, Benteler Steel/Tube itself produces “green steel” for customers in an electric arc furnace at its Lingen steel works. However, the production volume there is not sufficient to cover the needs of Benteler within the group, it notes.
Christian Koehl Germany