VINCI wins $81m deal for green hydrogen steel plant in Germany
DUISBURG, July 16, 2024
Cobra IS, a VINCI subsidiary, has been selected by SMS Group to carry out the piping and mechanical works worth €74 million ($81 million) on part of the steel production plant of Thyssenkrupp Steel Europe in Duisburg, Germany.
With an annual production capacity of 2.5 million tonnes of DRI (Direct Reduced Iron), it is the first site in Germany designed to run exclusively with green hydrogen.
This project is a decisive step in the transition from an industry with a very high carbon footprint to environment-friendly technologies. It will save up to 3.5 million tonnes of CO2 per year.--TradeArabia News Service