PeroCycle develops clean technology for the steel and foundation industries, focused on cutting carbon emissions from conventional steelmaking. Its approach uses closed carbon loop systems that capture CO₂ from industrial processes and convert it into carbon monoxide for reuse as a reductant in blast furnaces, basic oxygen furnaces or DRI plants. The company’s technology is designed to integrate with existing steelmaking infrastructure, avoiding the need for major plant replacement. By recycling carbon on site, PeroCycle offers a practical decarbonisation route that supports circular economy goals, reduces reliance on fossil carbon inputs, and helps steel producers move towards net zero.
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