ArcelorMittal is investing in the winner of its XCarb Accelerator Program, which aims to help advance the decarbonization of the steel industry. Ontario, Canada-based CHAR Technologies won with its proposal to develop a high temperature pyrolysis technology that turns organic waste streams into either biocarbon or high-calorific value and hydrogen-rich syngas. “We were delighted with the response to our inaugural Accelerator Program, receiving high quality entries from many emerging technology companies. ArcelorMittal Dofasco in Ontario has been collaborating with CHAR to test biocarbon as a coke replacement that would reduce greenhouse gas by 91%. We provide seed capital of course, but we also provide the industrial infrastructure and R&D collaboration that breakthrough technology companies need to bring their product to market," she said.

Source: Daily Nation July 06, 2023 23:32 UTC