The Luxembourg Institute of Science and Technology and ArcelorMittal Luxembourg have signed an agreement to improve the leading industrialist’s energy performance.
Source : Merkur
Publication date : 02/04/2020
The five-year collaborative agreement on the research and development of innovative projects and services aims to improve energy efficiency and responsible use of resources, optimising multiple energy efficiency measures as well as heat recovery and electricity generation from excess heat. The research collaboration aligns with ArcelorMittal's transition towards a more circular economy and circular steel production. The first step will consist in analysing needs and opportunities to achieve the objectives of reducing the environmental impact of steel installations and increasing their energy efficiency. As such, this partnership is in line with ArcelorMittal's Corporate Social Responsibility (CSR) policy in Luxembourg and goal to reduce their carbon footprint by 2050, thus honoring their commitment to the Paris Agreement.