Outokumpu Oyj: Economics Minister of North Rhine-Westphalia Pinkwart in talks at Outokumpu in Krefeld

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Economics Minister of North Rhine-Westphalia Pinkwart on the talks at Outokumpu in Krefeld

Today, Prof Dr. Andreas PinkwartMinister of Economics, Digitalisation, Innovation and Energy of the Land of North Rhine-Westphalia, visited the Outokumpu plant in Krefeld for talks with company representatives.

The exchange focused, among other things, on the transformation of the steel industry towards more climate neutrality and on the realization of the Green Deal. In the industry, Outokumpu is a leader in sustainability and climate protection. The company’s carbon footprint is already 70% lower than the global industry average. In 2021, Outokumpu has committed to achieving the Science Based Targets Initiative (SBTi) 1.5°C climate target and is currently the only stainless steel manufacturer to have committed to these ambitious targets. in terms of CO2 discounts. Part of the company’s sustainability strategy is also sustainable supply chain alignment.

“We have a strong sustainability track record,” says Stefan Erdman, group director of technology and sustainable development. “But to be able to reduce our emissions in all areas, from direct to those in our supply chain, we need to work with our partners.” Therefore, at Outokumpu, sustainability is as much a supplier evaluation criteria as consideration of the United Nations Guiding Principles on Business and Human Rights (UNGP).

Dr. Pinkwart, Minister of Economic Affairs and Innovation: “We are vigorously pursuing the transformation of the steel industry towards climate-friendly production. The visit to Outokumpu once again clearly showed that the steel companies in North Rhine-Westphalia are working with great commitment on the necessary transformation and have already taken many important steps. These efforts also require an appropriate policy framework. It is now up to the new German government to quickly update and implement the “Handlungskonzept Stahl” which was adopted in 2020. We are happy to lend our support in this matter.”

The Minister for Economic Affairs of North Rhine-Westphalia, Prof. Dr. Andreas Pinkwart (in the middle) and other representatives of the NRW State Parliament at Outokumpu in Krefeld.

In recent years, Outokumpu has made several investments in the modernization of production lines and infrastructure and launched new projects – such as the cooperation with RWE to optimize energy consumption or the establishment of a factory production of stainless steel powder for additive manufacturing. In cooperation with the SMS Group, a production plant is currently being built at the Krefeld plant which will process stainless steel scrap into powder. This high-quality stainless steel powder is used, for example, for metal 3D printing of components in the aerospace, automotive, medical, oil and gas and tool industries.

“The last few years have presented us with many challenges to bring the company and in particular the German locations back to long-term and international competitiveness,” says Henrik Lehnhardt, managing director and labor manager of Outokumpu Nirosta GmbH. “But I am convinced that we have created a good basis for the future of Outokumpu in Germany and at the Krefeld site.”

For more information please contact:

Claudia Fisher
Communication Manager Germany
Telephone: +49 (0) 2151 832123
Mobile: +49 (0) 176 56907575

Email: claudia.fischer@outokumpu.com

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