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Purmo Group in 7-year agreement for near zero emission steel supply

Signed agreement for the delivery of 140 000 tonnes of green steel

Purmo Group, a leader in sustainable indoor climate comfort solutions, has entered into a binding agreement with H2 Green Steel, for the delivery of 140 000 tonnes of green steel during 2026-2033.

The deliveries will support Purmo Group in its further advancement in sustainability. Steel represents approximately 50 percent of all raw material purchases in the Group.

H2 Green Steel's integrated, digitalised, and circular plant is located in Boden, northern Sweden, and will start production end of 2025. The plant is integrated with the world's largest electrolysis plants and is powered by green hydrogen produced with renewable electricity. It enables the reduction of CO2 emissions by up to 95 percent compared to traditional steelmaking powered by coal.

At H2 Green Steel, we applaud these first-mover companies

“Purmo Group is a pioneer in another important customer segment for the steel industry. They are a great example of a company that is letting its business decisions truly be guided by its commitment to sustainability and achieving the Paris Agreement. At H2 Green Steel, we applaud these first-mover companies in different sectors. They really make a difference,” says Carl-Erik Lagercrantz, vice chairman of H2 Green Steel.

Purmo Group’s decision to source green steel from H2 Green Steel is part of the Group’s ambitions to align its productions towards a 1.5°C future and carbon neutrality by 2025.