Outokumpu is dedicated to embracing a circular economy model, actively seeking avenues to minimize waste and reduce its carbon footprint. A pivotal step in this endeavor involves exploring the potential of carbon capture utilization (CCU) technology to repurpose the company’s emissions as raw materials for the creation of innovative products like e-fuels. In line with this commitment, Outokumpu has entered into a Memorandum of Understanding (MoU) with Q Power, aiming to investigate the feasibility of synthetic methane production at Outokumpu’s primary facility in Tornio, Finland.
This collaborative agreement is designed to foster a comprehensive understanding of the synthetic methane production ecosystem, encompassing technical, financial, and commercial considerations. By examining the viability of capturing carbon monoxide and carbon dioxide emissions from its production processes, Outokumpu seeks to harness these materials for the production of synthetic methane. The overarching objective is to generate e-fuel, thereby diminishing reliance on fossil fuel sources such as LNG. Through initiatives like these, Outokumpu endeavors to advance its decarbonization goals while contributing to the development of sustainable solutions for the future.