German plantmaker SMS Group has announced that it has signed a memorandum of understanding with Indonesia-based steelmaker PT Gunung Raja Paksi Tbk (GRP) to drive green steel development initiatives in Indonesia.
The agreement symbolizes the parties’ commitment to advance sustainable steel industry procedures and processes through digital solutions.
The declared goal of the agreement is to reduce the environmental impact of steel production.
“We believe that this collaboration will bring positive changes to the Indonesian steel industry. We hope to explore innovative and sustainable solutions that will help reduce the environmental impact of steel production,” Argo Sangkaeng, president director of GRP, said.
