One of the core objectives at the heart of Emirates Steel’s success story today is its desire to meet market demand by producing steel in a safe and sustainable way. Included in these priorities is Emirates Steel’s on-going effort to utilize the CO2 it has generated during the iron reduction process at its DRP plants, and its work to promote environment and resource conservation.

In November 2013, the Abu Dhabi National Oil Company (ADNOC) and Masdar, the nation’s renewable energy company, created a joint venture to develop commercial-scale projects for carbon capture, usage and storage (CCUS). It will build a $123 million CO2 compression facility and a 50 kilometer pipeline, along which CO2 will be pumped to ADNOC’s oilfields.

Emirates Steel is a key partner in this project – the CO2 its plants generate will feed the project when it goes operational in 2016 and the compression plant will be located close to its premises. The project will sequester up to 800,000 tons of CO2 annually – a massive contribution to Emirates Steel’s carbon footprint, which at the same time will improve ADNOC’s oil recovery. Emirates Steel is the first steelmaker in the world to capture its CO2 emissions on this scale, with the possible exception of some North American projects.