ArcelorMittal Temirtau to invest $60M to reduce footprint
March 16. Universal Newswires
ArcelorMittal Temirtau, the Kazakh subsidiary of the world’s leading steelmaker, said Friday it will invest a further $60 million to reduce the carbon footprint of its massive facility in northern Kazakhstan.
The company is currently working on seven carbon emissions reduction projects and in 2011 completed another 11 at a cost of $37 million, according to a report on its web site.
It will spend $60 million by 2015.
The metallurgical complex is located in Temirtau, an industrial city located some 50 miles southeast of the capital Astana.
All works involve either constructing new waste-reducing facilities or introducing technical upgrades of current machinery.
The projects include the commissioning of a new electrostatic furnace, which reduce dust emissions by 600 tons per year.
ArcelorMittal Temirtau said the projects will decrease the overall level of carbon emissions generated in the production of steel by 26 percent.
Solid waste will be reduced by 60 tons per year, the company said.
Environment Minister Nurlan Kasparov, who visited the metallurgical complex on Friday, was upbeat about the ecological program.
“I think the effect of implementing these projects will soon be evident to all residents of the region,” Kasparov said during his tour of the facilities.
Aside from the steel production plant, the company runs eight coalmines in nearby Karaganda city and four iron ore mines in Karaganda, Astana, and Kostanay.