Newsletter, Nr 2-2024

DEUTSCHE VERSION >

IN THIS ISSUE OF ELCOWIRE'S NEWSLETTER: • Our Sustainability Report from 2023 is launched • Hydrogen instead of Natural Gas • Low-carbon Copper from Elcowire to be part of Siemens-Energy's sustainability mission

Sustainability Report 2023

Today, we’re excited to share our latest Sustainability Report with you! Take a deep dive into our sustainability journey, from renewable energy initiatives, waste reduction strategies to deliveries of Low-carbon Copper products based on both recycled and primary copper cathodes. Together, we’re building a better world for generations to come. Welcome to read more on our web.

On-line version here >

Hydrogen instead of Natural Gas – Elcowire and Helsingborg City start unique collaboration Helsingborg City is exploring the potential of creating a hydrogen cluster, a group of companies and institutions working together to establish hydrogen as a sustainable energy source in the local system. The city, through its innovation fund, is financing a pre- study in collaboration with Öresundskraft, Kemira Kemi, and Elcowire. The study aims to evaluate using hydrogen as a fuel and industrial input instead of natural gas. Hydrogen's potential to help the city achieve its climate goals is the main reason for this initiative.

The innovation fund has allocated 400,000 SEK for the "Local Green Hydrogen" study to see if local industry can switch to hydrogen. The analysis will be carried out by Öresundskraft, Kemira Kemi, and Elcowire.

Paul Gustavsson, CEO of Elcowire Group: "This strategy aligns with our climate-neutral goals, and hydrogen offers a significant opportunity to replace natural gas. By exploring hydrogen, we can reduce our climate footprint and ensure a sustainable energy supply."

Anders Fredriksson Kleine, Senior Strategist at Öresundskraft: "Switching from natural gas to hydrogen in industry is crucial for reducing carbon emissions and achieving our climate goals. Hydrogen is cleaner and can help balance our energy system."

The study will start after the summer holidays, with results presented in the fourth quarter of this year.

By converting to hydrogen, the CO2 emissions from Elcowire's production would decrease by 9,200 tons, equivalent to the emissions from 2,000 normal passenger cars driven for one year on fossil fuels.

Low-carbon Copper from Elcowire to be part of Siemens-Energy's sustainability mission Elcowire is proud to be part of Siemens-Energy's mission towards sustainability! We are excited to announce the use of our recycled and lowcarbon copper in their production of Green Transformers. By integrating recycled materials, we are taking a significant step together towards a greener, more sustainable future. Together, we can power the world while protecting our planet.

Image: Many thanks to Siemens-Energy for the workshop and visit to the production facility in Nuremberg, Germany, where CEO Paul Gustavsson and Business Unit Head Rod Fredrik Adlercreutz participated.

About Elcowire Group: Elcowire is one of the leading suppliers in Europe of products and services based on copper and aluminum wire rod for the electrical and infrastructure industry. Operations are in Sweden and Germany. Elcowire consists of five business units: Rod, Rail, High Voltage, Specials and Wire & Strands. The company has 400 employees and headquarters are in Helsingborg, Sweden.

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Elcowire Group, Elektrogatan 20, SE25232 Helsingborg, Sweden Phone +4642195300 CEO: Paul Gustavsson Register: 556840-5871 Tax ID: SE556840587101 If you don´t want to receive any more messages (to: {EMAIL}) any longer, you can unsubscribe here at any time.