With rising carbon dioxide emissions, pressure on companies to lower their emissions rise. Alleima has committed to reach net-zero latest 2050 and to reduce scope 1 and scope 2 CO2-emissions by more than 50%, by 2030 (compared to 2019). To ensure Alleima’s customers that products have low impact, it has been decided to implement Life Cycle Assessment (LCA).
All calculations in Alleima’s LCA model have been independently reviewed by IVL Swedish Environmental Research Institute to ensure data accuracy. By providing reliable LCA information, to customers and end-users, they will also be able to calculate their own carbon emissions for their final products.
Solid bar products, that Alleima now releases data on, stand for around 5% of Alleima’s products and is used by customers in segments like Industrial, Oil and Gas, Chemical and Petrochemical and Transportation.
“We want our products and processes to be more efficient, more profitable, and more sustainable. Producing low carbon emission stainless steels requires access to low carbon energy which is why Alleima is striving to use fossil-free electricity exclusively. We believe that by being transparent we can also strengthen our trust among our customers and stakeholders. By implementing sustainable solutions now, Alleima is contributing to a greener future for the industry,” says Håkan Sundström, Head of Governance and Sustainability.
The reason why Alleima can show comparably low carbon emissions data for its solid bar products, is related to the use of fossil-free electricity, and the large extent of recycled materials in the final product.
Alleima uses 100 procent fossil free electricity. Its location in Scandinavia has helped the company to keep its carbon emissions low in comparison to other parts of the world. Generally, in Sweden close to 100% of the electricity is fossil-free, while it for instance is 50% in Germany and 35% in China, according to data from Our World in Data.[1]
The amount of recycled material used in production is a key factor in ensuring low carbon emissions, as mining and processing virgin alloys like nickel and chromium are highly carbon intensive. Generally, in Europe the average scrap content for steelmakers is 85%, while in Asia it is about 31%, according to data from World Stainless. This requires the use of more virgin alloys, leading to significantly higher carbon emissions.[2]
One example that shows the importance of recycled material is Sanmac® 316L. When producing Sanmac® 316L, Alleima uses an average of 95,6% recycled materials.
Essen, June 25, 2024
Alleima AB (publ)
Related links:
Alleima presents renewable tech and energy efficiency solutions at the Green Steel World and Hydrogen Tech World, in Essen
Alleima releases low carbon footprint data for solid bar products
Press Contacts
Yvonne Edenholm, Press and Media Relations Manager
yvonne.edenholm@alleima.com
+46 (0) 72 145 23 42
About Alleima
Alleima is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden, had approximately 6,500 employees and revenues of about 21 billion SEK in about 80 countries in 2023. The Alleima share was listed on Nasdaq Stockholm’s Large Cap list on August 31, 2022, under the ticker ‘ALLEI’. Learn more at www.alleima.com.
[1] https://ourworldindata.org/
