?Ã ? Severstal, one of the world's leading vertically integrated steel
and steel related mining companies, announces the launch of a major
environmental project aimed at reducing atmospheric emissions at the
Cherepovets Steel Mill, part of the Severstal Russian Steel division.
Following a tender process, Severstal has signed an agreement with
Siemens VAI Metals Technologies to supply and install a sophisticated
system for capturing emissions from plant converters. The system will be
installed over the next four years.
The new system will be
installed alongside the Cherepovets Steel Mill's existing converter
process and will include, amongst other things, new bag filters, smoke
exhausts, a compressor station, a package transformer and distribution
substation, an automated process control system, and a dust removal
The project is an important step in Severstal's
significant efforts to reduce the environmental impact of its
operations. Severstal's will invest up to 3 billion rubles ( 96
million) over the next four years in the project.
Grubman, CEO of Severstal Russian Steel, commented: 'We are initiating
this project to reduce the Cherepovets Steel Mill's atmospheric emission
levels and ensure we meet leading international standards. This project
and investment demonstrates our commitment to delivering on our
company-wide goal of reducing any negative impact on the environment
from our operations.'