Industry: Technology Region: Spain Transaction price: US$ 1 million Transaction method: equity investment
Project introduction:
The company is a European company that produces recycled and low-emission steel, and it is also one of the diversified and vertically integrated manufacturers in this industry. The company uses sustainable, environmentally friendly and energy-saving technology to recycle iron waste in electric arc furnace to produce steel. Steel mills melt more than 3.5 million tons of scrap iron every year, which is a big scrap iron recycler in Spain.
There are 120 workplaces, 7 steel mills, 12 rolling mills and 45 recycling plants, as well as transformation and distribution companies, which have created direct, indirect and referral employment opportunities for more than 70,000 professionals. It has offices in Spain, France, Britain, Denmark, Finland, Norway, Poland, Sweden and Ireland.
The company is committed to providing solutions to the major systemic risks on the planet: resource depletion and tackling climate change. Therefore, the company has set two strategic goals: to reduce carbon dioxide emissions by 50% by 2030 and achieve a recycling rate of 98%; By 2050, it will complete the recycling rate and become a clean company with zero waste.