Aperam BioEnergia
kicks off Patch partnership by selling 15,000 metric tons of carbon
removal
Luxembourg, 2 April 2024 (10:00
CET) - Aperam BioEnergia, unit of the
Aperam Recycling & Renewables Division located in Brazil, has
recently partnered with Patch, a global platform connecting carbon
credit buyers and sellers, to sell biochar carbon credits on the
voluntary carbon market. The new partnership has already resulted
in the sale of 15,000 metric tons of biochar carbon removal. Aperam
began its first delivery via Patch in January this year, providing
a certificate of 8.5 thousand tons of CO2e removed. The second
parte (6.5 thousand tons of removals) was delivered in
March.
These certificates originate from biochar applied to the soil
in Aperam BioEnergia planted forests, located in the Jequitinhonha
Valley. Biochar is the charcoal-like substance that results from
heating organic agricultural or forestry waste (known as biomass)
without oxygen, it can store carbon out from the atmosphere for
hundreds to even thousands of years.
Tim di Maulo, CEO of Aperam, commented: "Previously used as
low-value-added waste for the cement industry, biochar began to be
used by BioEnergia as an important co-product of forest management,
fully integrated into the concept of circular economy. Our entry
into the carbon removal market is a great example that, for Aperam,
developing the solutions that the economy of the future requires
goes beyond producing electrical and stainless steel with a low
carbon footprint".
About
Aperam
Aperam is a global player in stainless, electrical and
specialty steel, with customers in over 40 countries. Since January
2022, the business is organized in four primary reportable
segments: Stainless & Electrical Steel, Services &
Solutions, Alloys & Specialties and Recycling &
Renewables.
Aperam has a flat Stainless and Electrical steel capacity of
2.5 million tonnes in Brazil and Europe and is a leader in high
value specialty products. In addition to its industrial network,
spread over six production facilities in Brazil, Belgium and
France, Aperam has a highly integrated distribution, processing and
services network and a unique capability to produce low carbon
footprint stainless and special steels from biomass, stainless
steel scrap and high performance alloys scrap. With 5 of its main 6
facilities certified ResponsibleSteelTM, Bioenergia and its unique
capability to produce charcoal made from its own FSC®-certified
forestry and, with ELG, a global leader in collecting, trading,
processing and recycling of stainless steel scrap and high
performance alloys, Aperam’s places sustainability at the heart of
its business, helping customers worldwide to excel in the circular
economy.
In 2023, Aperam had sales of EUR
6,592 million and shipments of 2.20 million
tonnes.
For further information, please refer
to our website at www.aperam.com.
Contact
Global Head of Communications / Raquel
Faria: M: +352 661 128 989; raquel.faria@aperam.com
Investor Relations / Thorsten
Zimmermann: +352 661 570 250;
thorsten.zimmermann@aperam.com