TMK Targets 8% CO2 Emission Reduction by 2023
Russian steel pipe maker TMK intends to reduce its greenhouse gas emissions by 8% vs 2020 under its new environmental program, which will span 2021–2023 and require an investment of RUB 2.9 billion. The GHG emission reduction program will cover the Company’s key Russian production sites: Volzhsky, Seversky and Sinarsky pipe plants, Pervouralsk Pipe Plant, Chelyabinsk Pipe Plant, Orsky Machine Building Plant, and Taganrog Metallurgical Plant, as well as TMK-INOX and TMK Yartsevsky Metzavod
The program’s investment component includes equipment replacement with advanced highly effective and cost efficient systems that provide better performance. In particular, along with installing new and upgrading existing production units, the plants will be fitted with best-in-class automated industrial lighting, steam and heat supply systems.
Activities that do not require additional funding, such as optimization of process equipment, lighting, heating and ventilation systems, improvements to production processes, and reduction in resource losses, will also have a significant effect.
Between 2006 and 2020, TMK carried out large-scale modernization of its production facilities, with investments exceeding RUB 160 billion. At the same time, RUB 19.3 billion was allocated to protecting the environment and improving the environmental safety of TMK plants. As a result, air emissions have been halved, primarily through a complete transition to electric arc furnace operations, which make steelmaking much more environmentally friendly.
Given the current trends, the Company will continue pursuing and improving this practice. In 2020, TMK updated its Environmental Policy driven by global best practices. The Company has identified three priorities: the use of eco-friendly technologies in production; strict adherence to environmental rules and regulations; and compliance with environmental safety principles throughout the product life cycle from cradle to grave.