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Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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ABB will bring global experience in automation, electrification, and digitalization for the mining and metals industries.\u003C\u002Fp>\r\n\u003Cp> Tata Steel is among the top global steel companies with an annual crude steel capacity of 35 million tons per annum and is committed to major sustainability targets, including the achievement of carbon neutrality by 2045. In line with its aspirations, the steelmaker has a medium-term target to reduce carbon emissions to less than two tons of CO₂ per ton of crude steel in its Indian operations by 2025.\u003C\u002Fp>\r\n\u003Cp>The two companies will focus on system-level assessments of Tata Steel’s manufacturing plants and production facilities for evaluation and co-development of short- and long-term options for energy efficiency, decarbonization, and circularity. Both companies will explore energy optimization via hydrogen as an alternative fuel for upstream processes and energy reduction, as well as substitution through fully integrated electrification and digital systems such as ABB Ability™ eMine and e-Mobility solutions and energy efficient motors.\u003C\u002Fp>\r\n\u003Cp>Tata Steel is committed to sustainable development and growth as an integral part of its business philosophy. To ensure sustainable growth, the company is working on the deployment of key enablers for deep decarbonization, including the use of more scrap in steelmaking, the use of alternate fuels such as natural gas and green hydrogen, the use of renewable energy, and the deployment of carbon capture and storage\u002Futilization technologies. Tata Steel expects to increase capacity to 40 million tons by 2030; hence, this collaboration with technology partner ABB is a key enabler to achieve that growth in a sustainable manner. The global steel industry contributes between 7-9 percent of global fossil fuel CO₂ emissions, according to various sources, including the International Energy Agency (IEA).\u003C\u002Fp>\r\n\u003Cp>Stating that the steel companies know there are opportunities to improve their processes, and Tata Group is one of the leaders in this movement towards energy efficiency and reduction of carbon footprint, Vipul Gautam, Group Vice President, Global Account Executive - Tata Group, ABB, commented: “World Economic Forum figures anticipate the energy transition will require as much as three billion tons of metals over the medium term; six times more mineral inputs by 2040 to reach net-zero emissions globally by 2050. ABB is confident in working with our customers and partners to evolve how steelmaking is powered to help reach production and environmental targets.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.abb.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FOctober2023\u002FlkVvW0GQl5TtatlBbMzH.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FOctober2023\u002FlkVvW0GQl5TtatlBbMzH.jpg","2023-10-02T05:42:05+05:30",0,"ABB and Tata Steel have partnered to accelerate decarbonization efforts within the global steel manufacturing sector.\nThe collaboration focuses on integrating hydrogen fuel, electrification, and digital systems to optimize energy efficiency.\nTata Steel aims to achieve carbon neutrality by 2045 while scaling production capacity to 40 million tons by 2030.","Sustainability in heavy industry takes a major leap forward as Tata Steel and ABB India announce a strategic partnership. By leveraging ABB’s expertise in automation, electrification, and digital solutions, this collaboration aims to transform traditional steelmaking into a more sustainable, energy-efficient operation. With a shared vision of achieving carbon neutrality, the two industry giants are co-developing innovative models—including hydrogen-based energy and advanced digital tracking—to slash emissions while scaling production to meet global demand. This is a prime example of how technology partners can help industrial leaders navigate the complexities of the energy transition. How is your organization integrating green technology into your manufacturing roadmap? Let’s discuss in the comments. #SustainableManufacturing #SteelIndustry #GreenEnergy","Big news for the steel industry: ABB and Tata Steel are joining forces to drive decarbonization and boost energy efficiency. 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