Steel Mills
June 28, 2022
SDI Announces Partnership with Aymium to Reduce Emissions
Written by Brett Linton
Steel Dynamics Inc. (SDI) announced today the creation of a joint venture with Aymium, a producer of renewable biocarbon products. Operating under the name SDI Biocarbon Solutions, LLC, SDI will hold a 55% stake and Aymium owns the remaining 45%.
The company plans to create a biocarbon production facility to supply SDI’s electric arc furnace mills with a renewable alternative to fossil-fuel carbon. With an estimated capital investment of $125-150 million, the initial capability is expected to be more than 160,000 metric tons per year. The facility is expected to start operating in late-2023.
