| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/10/254 (9.3.10) |
| Publication Date | 09/03/2010 |
| Content Type | News |
|
The European Commission on 9 March 2010 authorised under EU State aid rules an investment aid of €30.18 million granted by Germany towards ArcelorMittal Eisenhuettenstadt GmBH's "Top Gas Recycling" (TGR) project. TGR is an innovative process that enables the separation of CO2 from other emission gases as they come out of the furnace and recycles the CO2-free emissions for the production of steel. The use of TGR will reduce CO2 emissions by 16% as compared to existing state-of-the-art technology, as steel makers use less coke. This is the first ever application of TGR technology on an industrial scale. The Commission concluded that the environmental benefits triggered by the aid would largely outweigh potential distortions of competition. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/254&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Europe, Germany |
