EQS-News

Klöckner & Co becomes GEA’s first supplier of CO₂-reduced stainless steel

EQS-News: Klöckner & Co SE / Key word(s): Sustainability/Alliance Klöckner & Co becomes GEA’s first supplier of CO₂-reduced stainless steel 27.02.2024 / 09:30 CET/CEST The issuer is solely responsible for the content of this announcement. Klöckner & Co becomes GEA’s first supplier of CO2-reduced stainless steel

• Delivery of first batches of CO₂-reduced stainless steel to the GEA production site in Bönen (North Rhine-Westphalia, Germany)
• The carbon footprint of the stainless steel is around 90% lower than conventional material; the product corresponds to the “Pro” category in the Nexigen categorization for “green” stainless steel developed by Klöckner & Co
• Delivery to GEA by the German Klöckner & Co subsidiary Becker Stainless
• GEA is pursuing a long-term collaboration with Klöckner & Co as part of Climate Plan 2040

Duisburg, Germany, February 27, 2024 – Klöckner & Co will be the first supplier of CO₂-reduced stainless steel for the technology group GEA. The coil will be delivered to the GEA production site in Bönen (NRW) via Klöckner & Co’s German subsidiary Becker Stainless. Among other things, the material is being used there as part of a pilot project for more sustainable milking technology production.

The coil of the Klöckner brand Nexigen for CO₂-reduced products and services has a carbon footprint that is around 90% lower than that of conventional stainless steel. This places it in the “Pro” category of Klöckner & Co’s specifically developed Nexigen product categorization for CO₂-reduced stainless steel. This means that the emissions per metric ton of stainless steel from raw material extraction to production and delivery are less than 700 kg of CO₂ (taking Scope 1 to Scope 3 into account). GEA also receives a Product Carbon Footprint Declaration with the delivery. It determines the exact emissions per kilogram that were generated from the resource extraction and production to processing and transportation to the plant gate (Cradle to Customer Entry Gate).