Your location:  Home  >  Bearing News  >  World Bearing News
<<  Back

SKF and Ovako reach milestone in journey towards net zero bearing production

Resource from:  https://www.skf.com Likes:88
Sep 08,2022

1.png

A significant milestone has been reached in SKF’s journey towards a net-zero value chain. Together with Swedish steel producer Ovako, SKF has produced a Spherical Roller Bearing (SRB) with 90% less emissions than its standard SRB bearing.


The bearing is manufactured in SKF’s net zero factory in Gothenburg and uses recycled steel from Ovako’s Hofors mill.

As an illustration of the companies’ collaboration, the bearing has already been installed in a crane at the Hofors mill, where it is one of hundreds of connected bearings that enable smoother operations and less unplanned downtime.


The Gothenburg factory is the third SKF factory to achieve net zero status, part of the Group’s ambitions to achieve net zero emissions across all its operations by 2030. Thanks to a series of process improvements and investments, Ovako has achieved carbon-neutrality for all its global operations, based on a 97% recycled content and fossil-free electricity.


As well as working with suppliers to reduce the carbon footprint of scrap-based steel production, SKF is also working with a range of partners to help realize dramatic reductions and, eventually, net zero emissions from iron ore-based steel production.


Rickard Gustafson, President and CEO of SKF, says: “The industry’s journey towards net zero bearing production is accelerating and this milestone illustrates both our leading position and the importance of collaboration. Ovako and SKF have a long history together and this is yet another tangible example of how we are working towards more circular industrial development.”


Marcus Hedblom, President and CEO of Ovako, says: “Throughout SKF's and Ovako's long history of collaboration, we have successfully developed sustainable steel products for many decades. Now, with this significant milestone, the journey continues towards net zero bearing production using steel from 100% carbon-neutral production.”


(https://www.skf.com)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.