Mumbai/Ballari/ Helsinki: JSW Group has entered into a strategic cooperation agreement with Coolbrook, a transformational technology and engineering company headquartered in Finland.
This strategic partnership will focus on implementing Coolbrooks RotoDynamic Heater Technology at JSWs manufacturing sites at Vijayanagar Works in Karnataka, India, with the primary goal of achieving low-CO2 emissions in steel and cement production.
The partnership between Coolbrook and JSW Group follows Coolbrooks successful completion of the first phase of its large-scale pilot tests for RotoDynamic Technology at the Brightlands Chemelot Campus in the Netherlands in 2023.
The tests demonstrated the technologys heat-generating capabilities, surpassing the temperature of 1000C significantly above the range of conventional resistive heaters, and proving the technologys capability to reach temperatures up to 1700Cessential for the highest temperatures required in steel production.
The joint initiative encompasses the planning and execution of a commercial demonstration project at the Vijayanagar Works, showcasing RDH technology.
As part of the agreement, both companies will collaboratively devise a roadmap aimed at achieving low-carbon production, facilitating the phasedrollout of RDH Technology of JSW Steel amp; Cement manufacturing processes.
PK Murugan, President JSW Steel Vijayanagar amp; Salem Works signed the agreement on behalf of JSW and stated, JSW Group has set ambitious sustainability targets of reducing its specific CO2 emissions, aligning with the Sustainable Development Scenario of the International Energy Agency andIndias Nationally Determined Contributions.
The deployment of RDH Technology is expected to have a sizeable impact on the decarbonisation of the groups manufacturing process. We are happy toonboard Coolbrook as a partner on our journey to reduce CO2 emissions and achieve our climate targets.
Joonas Rauramo, CEO, Coolbrook, said: Coolbrooks pilot test results have already proven the capabilities of our technology, and deployment of RotoDynamic Heater technology in JSW Steels production will demonstrate the impact of electrification with clean energy in steel manufacturingprocesses.
Our patented electric technology enables significant decarbonization in steel production by reducing the need to burn fossil fuels. We are delighted to welcome JSW Steel to our partner network as a forerunner in the steel industry to start the implementation of Coolbrooks revolutionary technology enabling a Clean New Industrial Era.
RDH technology utilises renewable electricity to power high-temperature industrial processes e.g. steel and cement production, significantly reducing the need to burn fossil fuels.
In steel manufacturing, the technology targets the decarbonisation of manufacturing processes in traditional Blast Furnaces and the Direct Reduction of Iron (DRI) based production of iron and steel.
This collaboration supports JSW Steels commitment to accelerating decarbonisation and achieving the companys Net Zero aspirations.
