WCA November 2022

Industry News

SteelAsia chooses Tenova for green technology Tenova, a developer and provider of sustainable solutions for the green transition of the metals industry, and SteelAsia Manufacturing Corporation have entered into a partnership for Consteel ® Evolution, a low-impact technology for steel manufacturing. It will be the first of its kind in the Philippines and will be employed in SteelAsia’s new melt shop in Lemery, Batangas, in 2024. To ensure the seamless operation of the entire line, Tenova’s scope of work includes the EAF (electric arc furnace) Consteel Evolution, the secondary metallurgy station, the billet caster, the fume treatment plant (FTP) and the material handling systems, along with all engineering services for the civil works and the balance of plant. The Consteel Evolution melt shop will recycle local scrap metal to produce high-grade billets for steel sections. The Lemery facility will also be one of the cleanest steel plants in the world, generating low carbon emissions and providing Filipinos with steel sections produced with environmentally friendly technology. The Consteel Evolution technology saves energy, decarbonises steel production and reduces environmental impact through efficient energy recovery and pollution control innovations. Scrap metal is an important national resource used in steel production with low carbon emission, and SteelAsia aims to increase its output by maximising the use of scrap metal.

Members of the delegations from Tenova and SteelAsia

SteelAsia operates six manufacturing plants across the Philippines, located in Bulacan, Batangas, Cebu, Davao and Misamis Oriental. It expects to open a seventh plant this year, located in Compostela, Cebu, and to increase its annual steel output from 2mn to 3mn metric tons. “Our company’s long-term vision is to develop the Philippine steel industry because this is the backbone of industrialisation,” said Benjamin O Yao, president and CEO of SteelAsia. “We have seen our neighbouring Asian countries grow faster because they can manufacture their steel. The Philippines needs to catch up. As we do so, wewant our technology to be at par with global standards in efficiency and environmental sustainability. “Thanks to our partnership with Tenova, we can increase our steel productivity to support nation-building while ensuring that we also take care of the environment.” Tenova SteelAsia Manufacturing Corp www.tenova.com www.steelasia.com

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November 2022