With the right steel the only limit is your imagination
News and Press Releases
Press release/Jun 22, 2021
Fossil-free hydrogen initiative by Ovako, Volvo Group, Hitachi ABB Power Grids Sweden, H2 Green Steel and Nel Hydrogen
- Enables climate-neutral steel production and hydrogen-powered heavy vehicles Sweden’s largest fossil-free hydrogen facility is now being built with the goal of greatly reducing CO2 emissions, developing local industrial hydrogen production, and taking the first step towards a future hydrogen infrastructure for the transport sector. Ovako is starting a collaboration with the Volvo Group, Hitachi ABB Power Grids Sweden, H2 Green Steel and Nel Hydrogen to invest in hydrogen production in Hofors.
Press release/Jun 01, 2021
Ovako’s Sustainability Report for 2020 outlines direction for new ambitious climate targets
The new report highlights Ovako’s leadership in sustainable steel production with a 54 percent reduction in CO\2\ emissions since 2015 and a carbon footprint for its steel products that is 80 percent lower than the global average. It also sets new targets to build on these achievements through to 2040.
Press release/Feb 11, 2021
New Environmental Product Declarations help customers make climate-smart decisions
Ovako has published a set of new Environmental Product Declarations (EPDs) to provide customers with independently audited environmental footprints for its specialty steels. The EPDs cover the full environmental impact, including the carbon footprint of hot-rolled steel bar from Ovako’s Hofors, Imatra, and Smedjebacken and Boxholm (Smebox) mills.