ArcelorMittal Europe – Flat Products and Polmotors, supplier to the automotive industry, have signed a memorandum of understanding (MOU) that is focused on reducing CO2 emissions in the supply chain as well as using XCarb® solutions.
The MOU between ArcelorMittal Europe – Flat Products and Polmotors strengthens the longstanding partnership between the two companies, as well as broadening the scope of the partnership by creating a long-term supply relationship. With this commitment to broadening the use of XCarb® solutions, ArcelorMittal’s low carbon-emissions steel, ArcelorMittal and Polmotors are working on a common goal: to reduce the environmental impact of steel used in the automotive supply chain.
The MOU focuses on the two companies exploring ways of reducing scope 3 emissions, as well as increasing and testing the use of recycled steel in low-carbon emissions products. It also commits both companies to increasing the proportion of XCarb® products used in the supply chain.
''It is thanks to the collaboration with our customers that we will achieve our goal of reducing CO2 emissions within Europe by 35% by 2030, and reaching net-zero by 2050.''
Paul Brettnacher – CMO automotive, packaging and electrical steels, ArcelorMittal Europe – Flat Products
Paul Brettnacher, CMO automotive, packaging and electrical steels, ArcelorMittal Europe, Flat Products, said: “This collaboration further reinforces our common approach to sustainability projects. It is thanks to the collaboration with our customers that we will achieve our goal of reducing CO2 emissions within Europe by 35% by 2030, and reaching net-zero by 2050. ArcelorMittal Europe – Flat Products will support Polmotors to be a decarbonization leader in the automotive industry”.
''This commitment is an important step towards achieving this objective: the mission of Polmotors is to create products that are lighter, safer and which have a reduced environmental impact, with the support of ArcelorMittal.’’
Maciej Grabos - vice president of Polmotors
Maciej Grabos, vice president of Polmotors, added: ‘‘Our Group , as a partner to the automotive industry leaders, is playing an important role in the development of products and technologies for the creation of body structures for modern vehicles. Our objective is to be a pioneer in the generation, industrialization, and assembly of high-tech steel products, in order to provide customers with tailor-made services and solutions and to become their point of reference in terms of product excellence. This commitment is an important step towards achieving this objective: the mission of Polmotors is to create products that are lighter, safer and which have a reduced environmental impact, with the support of ArcelorMittal.’’