Purmo Group in 7-Year Agreement with H2 Green Steel for Near Zero Emission Steel Supply
Published by Todd Bush on November 6, 2023
STOCKHOLM, Nov. 6, 2023 /PRNewswire/ -- Purmo Group, a leader in sustainable indoor climate comfort solutions, has entered into a binding agreement with H2 Green Steel, for the delivery of 140,000 tonnes of green steel during 2026-2033.
The deliveries will support Purmo Group in its further advancement in sustainability. Steel represents approximately 50% of all raw material purchases in the Group.
"This is an excellent collaboration with H2 Green Steel and another milestone in our sustainability journey towards carbon neutrality. With this agreement, we will be pioneers in our industry, securing the supply of green steel and starting the production of green steel products. Among these, our heat pump radiator range is an important product group in our core markets, where the energy renovation trend is strong. Our customers are demanding new and more energy-efficient heating and cooling systems and Purmo Group is well positioned to fulfil this growing demand", comments John Peter Leesi, CEO of Purmo Group.
H2 Green Steel's integrated, digitalized, and circular plant is located in Boden, northern Sweden and will start production end of 2025. The plant is integrated with the world's largest electrolysis plants and is powered by green hydrogen produced with renewable electricity. It enables the reduction of CO₂ emissions by up to 95% compared to traditional steelmaking powered by coal.
"Purmo Group is a pioneer in another important customer segment for the steel industry. They are a great example of a company that is letting its business decisions truly be guided by its commitment to sustainability and achieving the Paris Agreement. At H2 Green Steel, we applaud these first-mover companies in different sectors. They really make a difference,", says, Henrik Henriksson, CEO of H2 Green Steel.
Purmo Group's decision to source green steel from H2 Green Steel is part of the Group's ambitions to align its productions towards a 1.5° Celsius future and carbon neutrality by 2025.
The following files are available for download:
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
Innio Just Ran a Data Center on 100% Hydrogen. Here's What Happened.
Inside This Issue ⚡ Innio and Net Zero Innovation Hub Deliver World-First 3 MW Demonstration of 100% Hydrogen Backup Power for Data Centers 🌳 Chestnut Carbon Doubles Footprint in Southeast U.S. to...
-
First CO2 Well in Four States. It's in Kansas.
Inside This Issue 🛢️ Kansas Gets Its First CO2 Storage Well, PureField Shows How 🤝 FPH2 Expands California Renewable Hydrogen Supply Partnerships To Support Public Fleets, Data Infrastructure, And...
-
DOE Reversal: Which Hydrogen and DAC Hubs Made the Cut
Inside This Issue 💰 DOE Restores $1.2B for DAC Hubs and 5 Hydrogen Projects 🌏 CCUS Hub Study Identifies Five Asia-Pacific Hub Sites and Welcomes New Consortium Partners 🧪 Petronor and H2SITE Partn...
Company Announcements
-
HUNT VALLEY, Md.--(BUSINESS WIRE)--Teledyne Energy Systems, Inc. is enabling a major step forward in industrial decarbonization with the deployment of its Titan™ EL Series hydrogen generator at JTE...
-
Enbridge B.C. Natural Gas Pipeline Expansion Receives Federal Approval
CALGARY, AB, April 24, 2026 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today that the Canadian Government has approved the Sunrise Expansion Program (th...
-
INNIO and the Net Zero Innovation Hub for Data Centers achieve an industry-first demonstration of 100% hydrogen-fueled backup power at the 3 MW scale Technical experts from Microsoft, Google, and ...
-
Chestnut Carbon Doubles Footprint in Southeast U.S. to Nearly 70,000 Acres of Restored Forests
Company Completes its Largest U.S. Planting Operation to Date NEW YORK, April 23, 2026 /PRNewswire/ -- Chestnut Carbon ("Chestnut"), a leading U.S. developer of nature-based carbon removal project...