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SWEDEN

Lindab launches steel products with low carbon dioxide emissions in Sweden

Sugar Mizzy January 31, 2023

Lindab announces today that it will offer steel products with low carbon dioxide emissions for the Swedish market. The steel with low carbon dioxide emissions consists for the most part of recycled steel, is produced with 100 percent renewable energy and has approximately 70 percent lower climate impact than traditionally produced steel.

Steel is an essential material in the construction sector with unique properties that allow it to be recycled repeatedly without losing quality. However, the manufacturing process for new steel generates large amounts of carbon dioxide. Lindab is working to minimize the company’s carbon footprint and will be one of the world’s first companies to gain access to fossil-free steel in a few years. But Lindab is already taking the first step today with the launch of construction products with low carbon dioxide emissions.

“By developing low-carbon steel products, we enable our customers to create sustainable buildings from both an environmental and quality perspective. We are eagerly awaiting our first delivery of fossil-free steel, but we want to make a difference right now and offer this solution to the market as soon as possible”, says Anders Johanssonmanaging director of Lindab Profilethe subsidiary within Lindab which develops construction products.

The low-carbon steel, XCarb® RRP, has approximately a 70 percent lower CO2 footprint than traditionally produced steel, according to environmental product declarations from manufacturer ArcelorMittal. The steel is based on at least 75% recycled steel and is produced with 100% renewable energy. The steel is coated with Magestic, Lindabs brand for zinc magnesium, an effective corrosion inhibitor.

Roof and facade products

Initially, Lindab will offer roof and facade products in its sine profile in steel with low carbon dioxide emissions. During the year, the range will be expanded to more product areas.

“The production of steel has a major impact on our climate and we are committed to reducing our and our customers’ environmental impact. This is one of many steps we will take on the journey towards a better climate,” we conclude. Anders Johansson.

The first orders will be ready to be received already at the beginning of the second quarter of 2023.

Contacts:

Johan LandMarketing manager Sweden
Email: [email protected]
Mobile: +46 (0) 76 880 29 98

Catharina PaulcénHead of Corporate Communications
Email: [email protected]
Mobile: +46 (0) 701 48 99 65

Lindab briefly

Lindab is a leading ventilation company within Europe. Lindab develops, manufactures, markets and distributes products and systems for energy-efficient ventilation and a healthy indoor climate. The products are characterized by high quality, easy installation and environmental considerations.

The group had a turnover of approx SEK 9,648 m in 2021 and is established in 20 countries with approximately 5,000 employees. The Nordic region accounted for 55 percent of sales in 2021, Western Europe for 29 percent, Central Europe for 14 percent and Other markets for 2 percent.

The share is listed on Nasdaq Stockholm, Large Cap, under the short name LIAB.

https://news.cision.com/lindab/r/lindab-launches-low-carbon-emissions-steel-products-in-sweden,c3706206

https://mb.cision.com/Main/1983/3706206/1816355.pdf

(c) 2023 Severance. All rights reserved., source Press releases – English

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