Displaying items by tag: Tata Steel

Commenting on today’s (Friday) deal between Tata Steel and the government, TUC General Secretary Paul Nowak said:

“This is a devastating blow for workers at Port Talbot and the opposite of a just transition.

“Ministers must press pause and urgently get around the table with unions. It beggars belief that they have been locked out of talks.

“Instead of safeguarding livelihoods in the steel industry, this deal will see thousands of good, unionised jobs potentially lost forever.

“An electric arc furnace-only model for Port Talbot is simply the wrong approach for making our steel greener.

“We need a proper long-term plan for zero-carbon steel-making in this country – not 1980s-style deindustrialisation.

“Other countries – like America and Germany – are working in partnership with unions and employers to protect their manufacturing heartlands. We should be doing the same.

“Tackling climate change can go hand in hand with creating and protecting good jobs. The Conservatives are presenting a false choice.”

About the TUC: The Trades Union Congress (TUC) exists to make the working world a better place for everyone. We bring together the 5.5 million working people who make up our 48 member unions. We support unions to grow and thrive, and we stand up for everyone who works for a living.

Tata Steel Ltd and global technology leader ABB have signed a Memorandum of Understanding (MoU) and will work together to co-create innovative models and technologies to help reduce the carbon footprint of steel production. ABB will bring global experience in automation, electrification and digitalization for the mining and metals industries.

• The project will target improvements in energy efficiency, decarbonization and circularity in plants and production facilities
• Tata Steel is pursuing carbon neutrality by 2045 as one of its major sustainability goals

Tata Steel is among the top global steel companies with a crude steel capacity of 35 million tons per annum and is committed to major sustainability targets including achievement of carbon neutrality by 2045. In line with its aspirations, the steelmaker has a medium-term target to reduce carbon emissions to less than two tons of CO₂ per ton of crude steel in its Indian operations by 2025.

The two companies will focus on system-level assessments of Tata Steel’s manufacturing plants and production facilities for evaluation and co-development of short and long-term options for energy efficiency, decarbonization and circularity.

“Steel companies know there are opportunities to improve their processes, and Tata Steel is one of the leaders in this movement towards energy efficiency and reduction of carbon footprint,” said Vipul Gautam, Group Vice President, Global Account Executive for Tata Group, ABB. “World Economic Forum figures anticipate the energy transition will require as much as three billion tons of metals over the medium term; six times more mineral inputs by 2040 to reach net-zero emissions globally by 2050. ABB is confident in working with our customers and partners to evolve how steelmaking is powered to help reach production and environmental targets.”

Tata Steel is committed to sustainable development and growth as an integral part of its business philosophy. To ensure sustainable growth, the company is working on deployment of key enablers for deep decarbonization, including the use of more scrap in steelmaking, use of alternate fuels such as natural gas and green hydrogen, use of renewable energy and deployment of carbon capture and storage/utilization technologies. Tata Steel expects to increase capacity to 40 million tons by 2030 hence this collaboration with technology partner ABB is a key enabler to achieve that growth in a sustainable manner.

ABB and Tata Steel will explore energy optimization via hydrogen as an alternative fuel for upstream processes and energy reduction as well as substitution through fully integrated electrification and digital systems such as ABB Ability™ eMine and e-Mobility solutions and energy efficient motors.

The global steel industry contributes between 7 to 9 percent of global fossil fuel CO₂ emissions, according to various sources including the International Energy Agency (IEA).

ABB’s Process Automation business automates, electrifies and digitalizes industrial operations that address a wide range of essential needs – from supplying energy, water and materials, to producing goods and transporting them to market. With its ~20,000 employees, leading technology and service expertise, ABB Process Automation helps customers in process, hybrid and maritime industries improve performance and safety of operations, enabling a more sustainable and resource-efficient future. go.abb/processautomation

ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on more than 130 years of excellence, ABB’s ~105,000 employees are committed to driving innovations that accelerate industrial transformation.