JSW Group and Coolbrook Team up For Low Carbon Emission Tech By CIOTechOutlook Team

JSW Group and Coolbrook Team up For Low Carbon Emission Tech

CIOTechOutlook Team | Thursday, 11 January 2024, 10:55 IST

JSW Group announced a collaboration with Finland-based Coolbrook to implement low-carbon emission technology at its Vijayanagar plant in Karnataka. In a statement, JSW Group stated the agreement comes after Coolbrook successfully completed the first phase of large-scale pilot tests for RotoDynamic Technology at the Brightlands Chemelot Campus in the Netherlands in 2023.

"This strategic partnership will focus on implementing Coolbrook's RotoDynamic Heater (RDH) Technology at JSW's manufacturing sites at Vijayanagar Works in Karnataka with the primary goal of achieving low CO2 emissions in steel and cement production," it said.

The RDH technology utilises renewable electricity to power high-temperature industrial processes in steel and cement production, significantly reducing the need to burn fossil fuels, JSW Group said, as per economic times.

"Deployment of RDH Technology is expected to have a sizeable impact on the decarbonisation of the group's manufacturing process," P K Murugan, President at JSW Steel Vijayanagar and Salem Works, said.

Joonas Rauramo, CEO of Coolbrook, said the company's "patented electric technology enables significant decarbonisation in steel production by reducing the need to burn fossil fuels."

USD 23 billion in diversified JSW Group operates in a number of industries, including venture capital, sports, energy, infrastructure, cement, and paints.

Mumbai is home to the global Indian business JSW Group. It is a division of the O.P. Jindal Group and is run by Sajjan Jindal. The group operates a variety of companies in India, the US, South America, and Africa, including steel, energy, infrastructure, cement, and paints.