SteelAsia plant named among world’s greenest

MANILA, Philippines — SteelAsia’s plant in Calaca, Batangas has been certified as one of the greenest in the world in an independent report by DNV (Det Norske Veritas), a leading global assessment and certifying organization.

The report found SteelAsia’s plant to be nearly 90 percent lower than traditional steelmaking in terms of carbon footprint, generating a mere 0.28 tons of CO2 per ton of steel produced compared to the 2.32 tons of CO2 per ton average generated by conventional steelmaking.

The mill, which has been operating since 2008, combines recycling technologies with renewable energy.

The company’s chairman and CEO, Benjamin Yao, sees the facility as a blueprint for the future, saying: “Apart from rebar, the Philippines imports 90 percent of its steel, and from high CO2 sources such as China. We intend to replace importation with locally produced green steel products.”

Yao added, “By 2028, SteelAsia aims to produce 3.5 million tons of green steel per year,” avoiding the production of seven million tons of CO2 emissions annually which is equivalent to the carbon capture of 200 million trees.

SteelAsia’s green steel expansion will support the Philippines’ national commitment to the 2015 Paris Agreement, a United Nations Framework Convention on Climate Change initiative targeting a global temperature increase of less than 2°C by 2050.

SteelAsia is the Philippines’ flagship steel company with steel mills operating in Luzon, Visayas and Mindanao.