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LONDON, Dec. 16, 2020 (GLOBE NEWSWIRE) — Johnson Matthey (JM), a global leader in sustainable technologies, is a partner of the INITIATE (
Innovative industrial transformation of the steel and chemical industries of Europe) project consortium. The consortium will investigate the potential of a novel synergetic and circular process that transforms residual carbon-rich gas from the steel sector into resources for high purity urea.
The European Union has awarded 21 M€ to enable the demonstration of such an industrial symbiosis concept between the steel and chemical industries.
To reach EU climate targets, the steel and iron production sectors are looking to decrease their CO