It looks like steel, behaves like steel, wears like steel and has the same properties. But there is no coal used in this steelmaking process by Swedish company SSAB. Its game-changing HYBRIT technology uses hydrogen and fossil-free electricity in its steelmaking process.
HIAB, through a strategic partnership between parent company Cargotec and SSAB, is pioneering its use in load-handling equipment, seeking to revolutionize the industry and pave the way for others to follow.
They unveil the world’s first hooklift – a MULTILIFT ULTIMA – made in its majority with the test production of this sustainable steel this week at IAA TRANSPORTATION in Hannover, Germany. The equipment was recently on display from 22 – 25 September this year.
Steel production accounts for 7 percent of global C02 emissions and 10 – 15 percent of the world’s demand for coal. One tonne of iron-ore-based steel produces double its weight in C02 emissions. SSAB’s new technology produces almost zero.
SSAB aims to have its high-tech steel commercially available by 2026. CARGOTEC and HIAB have committed to the United Nations Global Compact’s Business Ambition for 1.5˚C. Transitioning to SSAB’s steel product will help them meet an ambitious goal to reduce their carbon footprint by 50% and achieve fully carbon-neutral operations by 2030.
As the climate crisis increases, demand for climate-conscious manufacturing alternatives will only grow. The fossil-free-steel MULTILIFT ULTIMA truck-mounted hooklift taking centre stage and will be the first of many as HIAB paves the way for sustainable load-handling equipment.
Climate change matters – to HIAB, to us, to everyone. Let’s all be part of the change.