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Tag: OVAKO

Ovako and Tibnor Partner to Advance Low Carbon Footprint Steel Solutions

 Ovako and Tibnor announces a strategic partnership to promote low carbon footprint solutions in steel production and products.The agreement, outlined in a Term Sheet,...

Ovako to partner up in the Polestar 0 project

 To meet the climate challenges and the ultimate goal of reaching zero carbon emissions, Ovako is partnering up in the Polestar 0 project, committed...

Ovako produces steel from 100% carbon neutral operations

 Ovako has today published the sustainability report for Financial Year 2021. The report shows that Ovako leads the development towards a sustainable society and is closing...

Ovako invests EUR 7.3 million in the rolling mill in Hällefors

 Ovako is investing EUR 7.3 million in the rolling mill in Hällefors to strengthen productivity and further reduce carbon emissions. Four new state-of-the-art rolling...

Ovako commits to Science Based Targets initiative

 Ovako has high climate and sustainability ambitions: as of January 2022, steel production will be carbon neutral. As the next step, Ovako is committing...

Ovako’s steel production to be carbon-neutral from January 2022

 Ovako continues to lead the way in sustainable steel production, including an innovative approach to heating steel with fossil-free hydrogen. To accelerate its environmental...

Fossil-free hydrogen initiative by Ovako, Volvo Group, Hitachi ABB Power Grids...

  Enables climate-neutral steel production and hydrogen-powered heavy vehicles     Sweden’s largest fossil-free hydrogen facility is now being built with the goal of greatly reducing...

New Environmental Product Declarations help customers make climate-smart decisions

 Ovako has published a set of new Environmental Product Declarations (EPDs) to provide customers with independently audited environmental footprints for its specialty steels. The...

Ovako helps customers understand the carbon footprint of its steel portfolio

 Ovako can now provide the specific carbon footprint for each one of its products. This is made possible by a new Carbon Calculator that...

Steel purity creates bearing design opportunities – interview

 The importance of clean bearing steel is increasing together with the demand for high precision, excellent quality bearings for more and more demanding applications...