Post by account_disabled on Dec 14, 2023 2:26:17 GMT -5
Dhahran, Saudi Arabia, May 2, 2023 /PRNewswire/ Dataset Aramco, the world's leading renewable energy company integrated work and chemistry Together with Baoshan Iron & Steel Co., Ltd. or Baosteel, the world's leading steel conglomerate and investment fund. The Public Investment Fund of the Kingdom of Saudi Arabia (Public Investment Fund) or PIF (PIF) has signed an agreement between its shareholders to build a steel production plant. Full service platform in the Kingdom of Saudi Arabia This joint venture factory still exists. During the process of requesting regulatory approval Terms and conditions of payment according to custom It is expected to be located at U Industrial Estate. Ras al-Khair Industrial City, which is one of four new special economic zones created by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince of Saudi Arabia.
The Prime Minister and the Chairman of the Economic and Development Council recently Phone Number List announced This factory will integrate the system. Energy and industrial services Aramco's unrivaled industry is matched by its industrial capabilities. Bao Steel 's advanced steel plate industry and financial capabilities and investment expertise PIF's strong It will be a steel factory. The first comprehensive platform in the Kingdom Saudi Arabia and the of the Gulf Cooperation Council (GCC) countries, which will help enhance the industrial ecosystem. Regional steel industry This project aims to Raise the level of the domestic production sector By turning to producing heavy steel plates Transfer knowledge and create opportunities for leaving within the country itself This factory is expected to have production of steel plates up to 1.5 million tons per year.
A porous iron furnace (DRI) using natural gas and an electric arc furnace aims to reduce emissions. No carbon dioxide from the steelmaking process to 60% compared to traditional blast furnaces. This porous steel plant supports Can use hydrogen There is no need to modify a lot of equipment, which in the future may reduce carbon emissions. Bond dioxide up to 90% Mr. Amin H. Nasser, President and CEO of Aramco, said, “The steel production plant The first plate of the Kingdom It is expected that it will help raise the level of the ecosystem. Saudi Arabia's steel industry and improve the local supply chain. This joint venture is under Industrial investment projects The cattle monastery's industry is Naamaat and is supported. from the government's Shareek project, which is expected to help create jobs and support Support economic growth and risk diversification.
The Prime Minister and the Chairman of the Economic and Development Council recently Phone Number List announced This factory will integrate the system. Energy and industrial services Aramco's unrivaled industry is matched by its industrial capabilities. Bao Steel 's advanced steel plate industry and financial capabilities and investment expertise PIF's strong It will be a steel factory. The first comprehensive platform in the Kingdom Saudi Arabia and the of the Gulf Cooperation Council (GCC) countries, which will help enhance the industrial ecosystem. Regional steel industry This project aims to Raise the level of the domestic production sector By turning to producing heavy steel plates Transfer knowledge and create opportunities for leaving within the country itself This factory is expected to have production of steel plates up to 1.5 million tons per year.
A porous iron furnace (DRI) using natural gas and an electric arc furnace aims to reduce emissions. No carbon dioxide from the steelmaking process to 60% compared to traditional blast furnaces. This porous steel plant supports Can use hydrogen There is no need to modify a lot of equipment, which in the future may reduce carbon emissions. Bond dioxide up to 90% Mr. Amin H. Nasser, President and CEO of Aramco, said, “The steel production plant The first plate of the Kingdom It is expected that it will help raise the level of the ecosystem. Saudi Arabia's steel industry and improve the local supply chain. This joint venture is under Industrial investment projects The cattle monastery's industry is Naamaat and is supported. from the government's Shareek project, which is expected to help create jobs and support Support economic growth and risk diversification.