Steel Dynamics Inc.

+1.12 (+1.34%)
Products, Strategic Combinations

Steel Dynamics Announces Strategic Partnership To Reduce Greenhouse Gas Emissions

Published: 06/28/2022 12:40 GMT
Steel Dynamics Inc. (STLD) - Steel Dynamics Announces Strategic Partnership to Reduce Greenhouse Gas Emissions.
Steel Dynamics Inc - Creation of a Strategic Joint Venture With Aymium.
Steel Dynamics Inc - Dynamics Owns 55 Percent of Joint Venture, With Aymium Owning Remaining 45 Percent.
Steel Dynamics Inc - Entity Will Operate Under Name Sdi Biocarbon Solutions, Llc.
Steel Dynamics Inc - Initial Plans for Joint Venture Include Construction and Operation of a Biocarbon Production Facility.
Steel Dynamics Inc - Initial Facility's Production Capability is Expected to Be More Than 160,000 Metric Tons per Year.
Steel Dynamics Inc - Facility is Planned to Begin Operations Late 2023.