Brazil’s state-owned power firm Petróleo Brasileiro S.A. (Petrobras) has signed a memorandum of understanding (MoU) with Gerdau S/A to discover business alternatives and potential partnerships aligned with their diversification and decarbonization methods.
“In a strategic transfer to face the environmental challenges of the twenty first century, Petrobras and Gerdau have introduced an settlement to discover and develop sustainable options throughout the scope of low-carbon companies”, Maurício Tolmasquim, Petrobras’ Director of Power Transition and Sustainability, stated. “This partnership entails evaluating potential enterprise fashions for low-carbon fuels, hydrogen and its merchandise, CCS (seize, transportation, and storage of CO2), R&D tasks referring to the integrity of supplies in a maritime surroundings, and metal manufacturing by way of ‘direct discount’ utilizing pure fuel”.
Petrobras famous that Gerdau not solely has a distinguished place because the nation’s main metal producer however can be a serious scrap steel recycler in Latin America. Its sustainable manufacturing matrix primarily based on scrap recycling and using bioreducers (charcoal) has put the corporate amongst these with the bottom greenhouse fuel (GHG) emissions within the world metal business, Petrobras stated.
Flávia Souza, Gerdau’s World Director of Power and Procurement, stated the metal producer continues to make progress in its dedication to lowering additional its GHG emissions depth, which presently stands at 0.91 tCO2e per ton of metal.
“Partnerships like this contribute to creating applied sciences and initiatives geared toward a low-carbon financial system, creating avenues of alternative for the decarbonization of the metal business”, stated Flávia.
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