VINCI Secures Contract for Green Hydrogen Steel Plant in Germany

VINCI has secured a €74 million contract for piping and mechanical works at a green hydrogen steel plant in Germany, expected to prevent 3.5 million tonnes of CO2 emissions annually.

Cobra IS, a subsidiary of VINCI, has been chosen by SMS Group GmbH to undertake the piping and mechanical installations for a pivotal part of Thyssenkrupp Steel Europe's steel production facility in Duisburg, Germany. This significant contract, valued at €74 million, marks a crucial milestone in the region's industrial landscape. The facility, designed to produce 2.5 million tonnes of Direct Reduced Iron (DRI) annually, stands as Germany's maiden plant exclusively powered by green hydrogen.

The project represents a monumental shift in the steel industry, moving away from traditional high-carbon methods towards sustainable technologies. By harnessing green hydrogen, the plant is poised to reduce its carbon emissions by an impressive 3.5 million tonnes per year. This initiative aligns with global efforts to combat climate change by promoting cleaner industrial practices.

VINCI's role through Cobra IS underscores its commitment to advancing environmentally responsible solutions. The company's expertise in executing complex mechanical and piping works will be pivotal in ensuring the successful implementation of this groundbreaking facility. This partnership not only highlights VINCI's capabilities in the industrial sector but also reinforces its dedication to supporting the transition to a greener economy.

The Duisburg plant's adoption of green hydrogen represents a pivotal step forward in the steel industry's journey towards sustainability. It not only enhances environmental stewardship but also sets a precedent for future industrial projects aiming to reduce their carbon footprint. This initiative is poised to drive innovation and contribute significantly to Germany's goals of achieving carbon neutrality and fostering sustainable economic growth.

Through this partnership, VINCI and its subsidiary Cobra IS are not only contributing to the success of this transformative project but also playing a vital role in shaping the future of sustainable steel production in Europe and beyond.

VINCI is a global leader in concessions, energy, and construction, with a workforce of 280,000 across over 120 countries. Company specialize in designing, financing, constructing, and managing infrastructure and facilities that enhance daily life and mobility worldwide. VINCI commitment goes beyond economic and financial outcomes; company prioritize operating in an environmentally and socially responsible manner. Given the public interest nature of its projects, Company view engaging with all stakeholders and fostering dialogue as essential to their business practices. VINCI's ambition is to create enduring value for our customers, shareholders, employees, partners, and society as a whole.