Singapore, August 18, 2023 /PRNewswire/ -- SSAB and Peab are strengthening their partnership and considering the delivery of zero-emission steel SSAB Zero, produced using recycled steel and non-fossil energy. Peab plans to use about half of the 300 tons delivered in the initial order for foundation micro-piles starting this year, with the remaining half to be used in construction projects. This will make Peab the world's first construction company to use SSAB Zero. This agreement will further enhance the collaboration between Peab and SSAB to create solutions aimed at reducing the carbon footprint in the construction and real estate sector, which accounts for approximately 20 percent of total CO2 emissions in Sweden. The CO2 emissions from Peab's operations are primarily caused by the use of various materials, including steel, in production. Peab has set comprehensive environmental goals, aiming to become climate neutral by 2045 and to reduce the carbon dioxide emission intensity of input materials by 50% by 2030.

Tokyo, August 16, 2023 /PRNewswire/ -- SSAB and Ponsse Plc, one of the world's largest forestry machinery manufacturers, have formed a partnership, through which SSAB will begin supplying fossil-free steel to Ponsse starting in 2026. This partnership will further strengthen Ponsse's position as a sustainable forestry machinery provider and bring SSAB closer to its goal of establishing a fossil-free value chain. "It is truly wonderful to have a reliable partner like Ponsse join us on our journey towards fossil-free solutions. Achieving CO2 reduction targets in forestry machinery is challenging, so collaborative efforts are essential. Both companies prioritize sustainable solutions, and by using SSAB's fossil-free steel, we aim to positively impact forestry machinery while promoting innovation with respect for nature," said Lotta Ruottinen, Sales Director of SSAB Europe.

Volvo Group and SSAB have signed a cooperation agreement regarding the research, development, continuous production, and commercialization of vehicles made from fossil-free steel. Volvo began manufacturing concept cars and machinery using SSAB's hydrogen-based steel in 2021. The two companies aim to collaborate on developing a number of steel products that do not use fossil fuels, with the goal of achieving continuous production within a few years.