Industry Milestone: Outokumpu Leads the Way with Groundbreaking Environmental Product Declaration for Ferrochrome Production

Outokumpu stands proudly as the custodian of the most extensive known chromite reserves within the European Union. Earning laurels in sustainability, Outokumpu has embarked on an unparalleled journey by being the pioneer among ferrochrome manufacturers to unveil an environmental product declaration (EPD) dedicated to its esteemed ferrochrome production. Think of an EPD as a standardized passport that provides comprehensive insights into a product's environmental impact – a revolutionary leap towards greener practices. At present, Outokumpu's ferrochrome boasts a remarkably reduced carbon footprint, setting a new bar that outshines industry norms. This remarkable EPD for ferrochrome stands as a beacon of Outokumpu's unwavering commitment to supporting its clientele in their quest to curtail climate emissions.

Martti Sassi, the trailblazing President of the Business Area Ferrochrome at Outokumpu, beams, "The environmental product declaration serves as a concrete testament to the environmentally conscious strides of Outokumpu Ferrochrome. It's like a spotlight on our minimal carbon footprint, fostering transparency about our environmental influence. The fact that the EPD garners third-party validation and stems from an extensive lifecycle assessment study makes it an unparalleled gem in the market. Beyond that, it equips our patrons to formulate their declarations, amplifying the collective effort towards eco-consciousness."

Ah, the timing couldn't be more perfect! As the EU's Carbon Border Adjustment Mechanism (CBAM) readies itself for its debut transitional phase in October 2023, the world is poised for a surge in demand for materials with low carbon footprints, and guess who's ready to shine? Outokumpu's EPD-endorsed ferrochrome takes the spotlight as the sought-after solution. Martti Sassi winks, "With CBAM on the horizon, the value of materials like our low carbon ferrochrome is set to skyrocket. Our EPD for Outokumpu ferrochrome becomes a prized asset for our clients, catapulting them into this new era."

What's the secret to Outokumpu's prowess? Their very own chrome mine, a veritable treasure trove, grants them access to the vital ingredient for stainless steel production. This self-sufficiency in ferrochrome production places Outokumpu at the zenith, securing their supply of stainless steel's core raw material. Operating with aplomb, the Business Area Ferrochrome oversees the chrome mine nestled in Kemi and the ferrochrome smelters that operate in the heart of Tornio, Finland.

Source : Outokumpu