Hydnum Steel, a consortium made up of the Helvella holding company, Siemens, ABEI Energy, and Russula, is cited to be the first to build a green steel mill in Spain.
The consortium will create 400 jobs and produce 600kt of steel per year, according to a report, all without using fossil energy.
The factory, to be located in Puertollano, will occupy an area of 1.3 million square meters in the industrial area ‘La Nava’ and will have an investment of €1 billion, the report stated.
This new company will gradually integrate green hydrogen into the production process with the aim of substantially reducing CO2 emissions.
The strategic location of Puertollano has been taken into account...''
Eva Maneiro, CEO, Helvella
As explained by the CEO of Helvella, Eva Maneiro, “The strategic location of Puertollano has been taken into account, close to the logistics hubs of central, southern and eastern Spain, as well as Portugal; the development of hydrogen production projects already active in the area, the availability of land and the presence of the National Hydrogen Centre, which opens the possibility of creating alliances with this research pool”.
“This project will not only have a positive impact on its own facilities in terms of reducing the carbon footprint, but will also impact industries such as automotive and shipbuilding.''
Agustín Escobar, Siemens Spain president and CEO
According to Siemens Spain president and CEO Agustín Escobar, “This project will not only have a positive impact on its own facilities in terms of reducing the carbon footprint, but will also impact industries such as automotive and shipbuilding, where using greener steel will help them meet their decarbonization targets.”
Source: Steel Times International
