Nextchem and Paul Wurth join to develop innovative low-carbon solution

  • Industry News
  • Jun 14,21
NextChem, a subsidiary of Maire Tecnimont Group, and Paul Wurth, a company of the SMS Group, announced their plan to jointly promote the combined use of electrolysis and syngas production in the iron and steel industry.
Nextchem and Paul Wurth join to develop innovative low-carbon solution

Rome, Italy

NextChem, a subsidiary of Maire Tecnimont Group, and Paul Wurth, a company of the SMS Group, announced their plan to jointly promote the combined use of electrolysis and syngas production in the iron and steel industry. They will develop an advanced technological solution to convert natural gas into synthesis gas, known as syngas, to be used during iron ore reduction. They will promote its use in the iron and steel industries.

The companies will come together to develop an advanced technological solution to convert natural gas into synthesis gas, known as syngas (a mixture of carbon monoxide and hydrogen), to be used during iron ore reduction. The utilisation of syngas allows for the decrease in the portion of fossil fuels required and reduces CO2 emissions in the steel production process.

Pierroberto Folgiero, CEO, Maire Tecnimont Group and NextChem said that, they are proud of this agreement, which strengthens the existing alliance between Maire Tecnimont and Paul Wurth to develop low carbon impact solutions in a hard-to-abate sector like the steel industry.

NextChem and Paul Wurth will study the integration of electrolysis technology into the syngas production scheme, to produce low-carbon steel at a competitive cost. 

Thomas Hansmann, Chief Technology and Operations Officer, Paul Wurth said that, together with a long-standing partner, they have taken another fundamental step towards carbon-neutral ironmaking. It is only by joining know-how that they can achieve a faster energy transition and the decarbonisation of the steel industry.”

Related Stories

Machine Tools & Accessories
PFERD burrs lasts longer and does not stick

PFERD burrs lasts longer and does not stick

PFERD utilises wear protection based on a thin-film coating, which enables it to achieve a significant increase in tool performance.

Read more
Machine Tools & Accessories
WALTER unveils HELITRONIC MINI PLUS tool grinding machine

WALTER unveils HELITRONIC MINI PLUS tool grinding machine

The new individually configurable HELITRONIC MINI PLUS tool grinding machine offers maximum flexibility in tool production and re-grinding

Read more
Machine Tools & Accessories
EMAG India will grow +20% YOY in 2022

EMAG India will grow +20% YOY in 2022

With global manufacturing industry witnessing tectonic shift towards India, companies (MNCs as well domestic) are looking to scale up their production in the country. EMAG, which provides end-to-end..

Read more

Related Products

Stainless Steel Materials, Grade 321

Minerals, Ores, Metals and Alloys

Pooja Steel & Alloys is offering stainless steel materials, 321 grade, in various shapes such as strips, sheets, pipes, tubes, etc

Read more

Request a Quote

Grizzly Feeder

Minerals, Ores, Metals and Alloys

Precious Mineral Processing Systems offers a wide range of grizzly feeder.

Read more

Request a Quote
Verified

Nickel Alloys

Minerals, Ores, Metals and Alloys

Shalco Industries Pvt Ltd offers Nickel Alloys. Shalco is a manufacturing division carved out of its parent company, treatment Shah Hastimal Laxmichand & Company, in 2000. The parent company has ma Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back