Interpipe reduced CO2 emissions in the production of seamless pipes by 61% and railway products by 46%

Ukrainian industrial company Interpipe has made significant progress in reducing its climate impact. In 2024, the company reduced specific CO2 emissions per ton of seamless pipes by 61% and railway products by 46% compared to 2010. This was reported to GMK Center by the company’s press service.

These figures already exceed the European Green Deal targets for 2030, which provide for a 55% reduction in greenhouse gas emissions.

The main driver of the emissions reduction was the modernization of production. Interpipe has completely abandoned its outdated open-hearth production, replacing it with a new electric steelmaking complex, Interpipe Steel, built from scratch. The total investment in this environmental project amounted to $1 billion, making it the largest green investment in Ukrainian industry since independence.

In addition to technical modernization, structural changes also provided positive dynamics: an increase in the share of premium products in the company’s portfolio and a decrease in the consumption of carbon-intensive electricity.

In 2024, Interpipe reached a record level of energy use from renewable and low-carbon sources. The share of electricity from renewables and hydroelectric power plants in the total mix increased to 28% (compared to 7% in 2010), and together with nuclear energy – to 64%.

The company presented its own Decarbonization Pathway program with interim targets for 2030, declaring its intention to continue to be a leader in the Ukrainian industry in reducing emissions.

As GMK Center reported earlier, Interpipe maintains its competitiveness by investing in production. This helps the company open up new market segments, including pipes with premium connections and wheels for high-speed passenger traffic.

Share
Published by
Masha Malonog
Tags: Interpipe pipes Ukraine’s iron and steel industry railway products
  • Global Market

Germany cuts tax forecasts by €81 billion by 2029

The economic downturn in Germany and tax breaks are likely to reduce total tax revenues…

Friday May 16, 2025
  • State

Ukraine’s foreign trade deficit increased almost 1.6 times in Q1

The negative balance of Ukraine's foreign trade in goods in the first quarter of 2025…

Friday May 16, 2025
  • Companies

Feralpi Stahl launches new steel rolling mill in Riesa for €220 million

German rebar manufacturer Feralpi Stahl, a subsidiary of Italy's Feralpi Grour, has officially launched a…

Friday May 16, 2025
  • State

Ukraine should immediately appeal to the EU to postpone CBAM – PAEW

The introduction of the EU's Cross-Border Carbon Adjustment Mechanism (CBAM) could have irreversible consequences for…

Friday May 16, 2025
  • Global Market

Moody’s expects iron ore prices to remain stable at $80-100/t in the coming years

International rating agency Moody's expects iron ore prices to remain at $80-100 per tonne in…

Friday May 16, 2025
  • Industry

British industry calls for lower electricity prices

In a joint letter, a coalition of manufacturers, investors, and climate groups called on the…

Friday May 16, 2025