Japanese Metal One Corporation and Clean Energy Systems have announced an agreement to deploy CES' proprietary carbon capture technology to accelerate decarbonization of the global steel industry. Metal One has made an initial funding to CES, and the parties will immediately work to promote the use of green steel across all industries, helping major corporations that have pledged to achieve net zero carbon emissions. As part of the agreement, Metal One is providing development funding to CES, and the parties will co-locate resources to efficiently target the global steel market.Concurrently, Metal One and CES will work to decarbonize traditional steel manufacturing plants by utilizing existing onsite captive fuel sources with full carbon capture. By collaborating on carbon reduction in the steelmaking industry, Metal One and CES will work to reduce carbon emissions at the source, and will promote and develop green steel for use in a variety of industries, including construction, ship building, and renewable and conventional energy facilities. Clean Energy Systems is a global leader in the development and deployment of carbon removal and carbon reducing energy systems. The company has successfully transitioned proven, reliable rocket engine combustion principles into a flexible and economically attractive power generation system for the benefit of our planet. CES' proprietary oxy-combustion technologies enable cleaner and more efficient co-generation of power, steam, water, and captured CO2 and offers the world a new perspective on the way we assess the value of natural resources.Metal One is a fully integrated steel trading and Distribution Company created through the merger of Mitsubishi Corporation's and Sojitz Corporation's steel product business divisions. Metal One is well-known in the industry for its range of products, application know-how, industry-leading distribution network and strong customer service. Metal One has a leading position in the steel trading, processing and distribution industries in Asia, the US and other global markets.
Japanese Metal One Corporation and Clean Energy Systems have announced an agreement to deploy CES' proprietary carbon capture technology to accelerate decarbonization of the global steel industry. Metal One has made an initial funding to CES, and the parties will immediately work to promote the use of green steel across all industries, helping major corporations that have pledged to achieve net zero carbon emissions. As part of the agreement, Metal One is providing development funding to CES, and the parties will co-locate resources to efficiently target the global steel market.Concurrently, Metal One and CES will work to decarbonize traditional steel manufacturing plants by utilizing existing onsite captive fuel sources with full carbon capture. By collaborating on carbon reduction in the steelmaking industry, Metal One and CES will work to reduce carbon emissions at the source, and will promote and develop green steel for use in a variety of industries, including construction, ship building, and renewable and conventional energy facilities. Clean Energy Systems is a global leader in the development and deployment of carbon removal and carbon reducing energy systems. The company has successfully transitioned proven, reliable rocket engine combustion principles into a flexible and economically attractive power generation system for the benefit of our planet. CES' proprietary oxy-combustion technologies enable cleaner and more efficient co-generation of power, steam, water, and captured CO2 and offers the world a new perspective on the way we assess the value of natural resources.Metal One is a fully integrated steel trading and Distribution Company created through the merger of Mitsubishi Corporation's and Sojitz Corporation's steel product business divisions. Metal One is well-known in the industry for its range of products, application know-how, industry-leading distribution network and strong customer service. Metal One has a leading position in the steel trading, processing and distribution industries in Asia, the US and other global markets.
