Alfa Laval has signed an agreement with SSAB, the global Swedish steel company, to collaborate on developing and commercialising the world’s first heat exchanger to be made using fossil-free steel.
The goal is to have the first unit made with hydrogen-reduced steel ready for 2023. The collaboration is also an important step in Alfa Laval’s journey to becoming carbon neutral by 2030.
Global steel production accounts for 7% of the world’s carbon emissions. With a leading position in high-strength steel, SSAB’s upcoming fossil-free steel made with HYBRIT technology will be a breakthrough for the industry as it transitions to more sustainable operations.
Alfa Laval’s energy-efficient heat exchangers, used in industrial processes worldwide, are made of 40% steel and are up to 50% more efficient than traditional technology. This means that they can save energy and reduce CO2 emissions. Energy efficiency could, in fact, deliver more than a 40% reduction in greenhouse gas emissions until 2040, according to International Energy Agency (IEA), with 50% of that energy efficiency saving coming from the industry sector.
Tom Erixon, President and CEO of Alfa Laval, said, “By bringing together their fossil-free steel and our energy-efficient heat exchangers, we can contribute to the industry’s transformation towards carbon neutrality.”
Martin Lindqvist, President and CEO of SSAB, said, “With this collaboration we´re reaching new segments, and hopefully inspiring a whole new range of customers.”