Energy Oil & Gas Magazine EOG 214 | Page 78

... ensuring the manufacturing process is fast enough to make green steel in Europe
“ We foresee many more production facilities and initiatives that will foster the circular carbon economy . For example , we will also replace the felled trees on this plot . While this is mandated by the Belgian Government , it is important to note that the planned installations will take more than 1000 times more CO 2 from the air than would have been absorbed by the trees ,” Manfred expresses .
With the new massive investment to help make these projects possible , ArcelorMittal Belgium is well on target to achieve its goal of becoming completely sustainable . “ We will reduce more than three million tons of CO 2 emissions , which will contribute to our pledge to reduce our own carbon emissions by 35 percent by 2030 , compared to 2018 . Between 2030 and 2050 , we will secure the remaining percentage , and have a detailed road map to achieving that goal .
“ Regarding smart carbon , we plan to fulfil supplementary projects to reduce carbon . We also endeavor to complete further projects in efficiency that will contribute to us becoming a carbon neutral business ,” Manfred shares .
Steel manufacturing clearly faces its challenges . However , from what we ’ ve learnt from Manfred and Jan , there are ways to make the industry
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