Today there is no obvious connection between the packages delivered to your door by Amazon and blast furnaces at a traditional steel mill but if things go as planned there will be. Infinium, a San Francisco-based startup backed by Amazon, announced February 7 that is partnering with French global energy company ENGIE on a project called Rueze to develop a facility that will produce ultra-low carbon fuels at scale for th transportation industry in Europe, including the trucks, ships and planes that deliver the e-commerce giant’s packages. The feedstock for the fuels will include hundreds of thousands of tons of emissions from ArcelorMittal’s Dunkirk steel mill in northern France. The Reuze project “has the potential to transform Dunkirk into one of the most notable circular carbon economy hubs in the world,” says a press release. It is just one example of how steelmakers are working with startups, governments, energy companies and new technologies to create greener steel and power a circular carbon economy involving everything from transportation fuels to the production of more environment-friendly plastics and cars.
This article is part of The Innovator’s premium content and available only to The Innovator’s Radar subscribers.
If you are already a Radar subscriber click here to sign into your account.
Or sign up here for a free trial subscription.