#Russian #Railways Holding is ready to Purchase Green Rails from #EVRAZ

The parties signed a memorandum at SPIEF-2021The parties signed a memorandum at SPIEF-2021 |  Infrastructurephoto: press service of EvrazHolding LLC / Gudok.ru

Russian Railways, starting from 2023, are ready to purchase green rails from EVRAZ. The corresponding memorandum was signed by Oleg Belozerov, CEO and Chairman of the Russian Railways Board, and Alexander Abramov, Chairman of the EVRAZ Board of Directors, on the sidelines of the 24th St. Petersburg International Economic Forum.

Cooperation within the framework of this document is aimed at reducing greenhouse gas emissions through the production and sale of rail products made of steel with a reduced carbon footprint.

“The focus of the world’s attention is on reducing the carbon footprint and searching for environmentally neutral technologies. We and our partners follow the best sustainable development practices, making rail transport and related industries more environmentally friendly, ”said Oleg Belozerov.

“EVRAZ is committed to the values ​​and approaches of sustainable development. Particular attention is paid to climate preservation and carbon footprint reduction. I am glad to note that the long-term partnership between EVRAZ and Russian Railways allows both companies not only to reveal their joint production and technological potential, but also to participate in the international initiative to combat climate change, ”said Alexander Abramov, Chairman of the Board of Directors of EVRAZ.

The parties agreed to understand the “green” rails of the products, the production of which accounts for 4 times less CO2 emissions in comparison with conventional methods of steelmaking. These indicators are expected to be achieved through the use of low-carbon electricity in the production of rails, as well as scrap metal and other secondary raw materials. The document provides for the possibility of making changes to the production technology, as well as testing, passing voluntary certification and other activities for “green” rails. (Gudok.ru)

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