NLMK boosts spending on environmental initiatives in 2016

Wednesday, 12 April 2017 17:09:14 (GMT+3)   |   Istanbul
       

Russian steelmaker NLMK Group has announced that it increased its spending on environmental projects by 12 percent year on year to RUB 7.05 billion ($123.92 million) in 2016.
 
The majority of funds were used for projects and initiatives to improve air quality, including the upgraded gas cleaning systems at the refractory shop and sintering plant at the Lipetsk production site and the installment of a new dedusting system for Lipetsk’s blast furnace No.4.
 
NLMK Group’s director for the environment Galina Khristoforova stated that the company adopted new technologies and solutions in an effort to reduce its environmental footprint. According to Ms. Khristoforova, major investment in environmental projects over the past five years, totaling close to RUB 26 billion, has delivered a significant boost to NLMK’s environmental performance and the company has ramped up its steel output by almost 50 percent during this period, while specific emissions have been reduced by 25 percent.

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