Monday 19th of February 2018

Follow Us

Breaking News

Tata Steel strengthens position in low-carbon future technology

Mumbai, Oct 12:-- Tata Steel o Wednesday said it has taken a step which places it at the forefront of lower-carbon steel innovation by acquiring the full intellectual property rights in a revolutionary technology.

 

The company has been testing the groundbreaking technology called HIsarna at its IJmuiden steelworks in the Netherlands. HIsarna has the potential to reduce energy use and carbon emissions by at least 20%, as well as reducing steelmaking costs through lower-priced raw materials, up to half of which could be recycled scrap steel.

 

HIsarna is a completely new technology in the steelmaking process which combines Tata Steel’s cyclone converter furnace with Rio Tinto’s smelter. Now, Tata Steel has acquired the Rio Tinto’s smelter technology and intellectual property rights required to operate the HIsarna process.

 

HIsarna consists of a reactor into which iron ore is inserted at the top. The ore is liquefied in a high-temperature cyclone and drips to the bottom of the reactor. When powdered coal is injected into the reactor, it combines with the molten ore to produce pure liquid iron and CO2.

 

 

 The technology removes a number of pre-processing steps, resulting in significant efficiency gains and 20% reductions in energy use and CO2 emissions. The HIsarna installation produces almost pure CO2, making the gas ideally suited for capture and either storage or use, which could lead to total CO2 savings of 80% from the steel production process. It could also lead to substantial reductions in emissions of fine particles and the reduction of sulphur dioxide and nitrogen oxide.

 

Apart from being essential to modern society, steel is sustainable because it is permanent.  Steel products can last a lifetime, after which they can be reused, remanufactured or recycled to create new products. This means steel is used, never consumed, and explains why steel is the most recycled material in the world. Steel production is a long-term investment which offers enormous CO2 efficiencies over its full life cycle.

 

 T V Narendran, Tata Steel Managing Director, said: “Tata Steel has a legacy of pioneering initiatives in several areas of management and process technology. Acquisition of full intellectual property rights for Hlsarna, is a significant step towards establishing our pioneering credentials in the steel manufacturing space and ensuring long term sustainability of the business, Reduction in use of energy and carbon emissions is a challenge for the steel industry and I laud the efforts of our team in Netherland for their tireless effort in establishing the Hlsarna technology. HIsarna could play a role in helping society to achieve a circular economy with zero waste. I want to thank Rio Tinto for the support it has given to this technology development over a number of years”

Related Business News

Finance Minister Arun Jaitley reaches Riyadh

 Riyadh ,Feb 18:-- Finance Minister Arun Jaitley arrived in Riyadh last night on a two-day visit to Saudi Arabia. He will co-chair the 12th India-Saudi Arabia Joint Commission Meeting to be held in the Saudi capital Riyadh. Mr Jaitley along with his Saudi counterpart will also open the Saudi-In....

PNB fraud: CBI arrests PNB's ex-Deputy Manager Gokulnath Shetty

 New Delhi,Feb 17:-- The CBI today made the first arrest in the alleged 11,400 crore rupee Punjab National Bank fraud case in which businessman Nirav Modi and his partner Mehul Choksi are accused. The CBI has arrested three people - former Deputy Manager of the bank, Gokulnath Shetty, Single Wi....

Ministry of Railways directs Zonal Railways

 New Delhi,Feb 16,(Fast ail):-- Ministry of Railways has directed Zonal Railways to discontinue pasting of reservation charts on the reserved coaches of all trains at all erstwhile A1, A & B category stations as a pilot project for 6 months starting from 1st March, 2018.   Physical/dig....

Ministry of Petroleum and Natural Gas organizesFacilitation Workshop underOpen Acreage Licensing Programme in Ahmedabad

 New Delhi,Feb 16,(Fast Mail):-- To handhold and apprise the prospective investor community about the salient features of Hydrocarbon Exploration & Licensing Policy(HELP) framework and details about the ebidding process, Government successfully concluded a facilitation workshop in Ahmedabad....

Uber CEO aims to pare losses and get 'the love back'

San Francisco, Feb 16:-- Uber CEO Dara Khosrowshahi is focused on cutting the company's massive losses and "getting the love back" after a year of damaging revelations about the ride-hailing service's sometimes heartless treatment of its employees, drivers, regulators and rivals.   &q....

Links
Contact
Editor :
Jagadananda Pradhan
Email :
fastmailmedia@gmail.com
fastmail@yahoo.com
Mob :(+91) 9437155542
Ph : 06764 223911
Contact Us
© 2015 Fast Mail Media Pvt Ltd. All Rights Reserved.
Developed by : FM Media Pvt Ltd.