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Stock impact report

Tranter contributes to fossil fuels reduction in steel production [Yahoo! Finance]

B. Riley Financial, Inc. (RILY) 
NASDAQ:AMEX Investor Relations: ir.brileyfin.com/investor-relations
Company Research Source: Yahoo! Finance
to be constructed in Germany . The DRI plant reduces its carbon footprint significantly by using green hydrogen and carbon capture, helping to achieve NetZero goals by 2030. Tranter's plate and frame heat exchangers will be used in the process to capture and separate the carbon dioxide coming from the energy intense steel production process. The order is for four large plate and frame heat exchangers in stainless steel with extra hard EPDM gaskets that will be used for heat recovery in the removal process of CO from a gas stream, carried out by absorption in a continuous process with regenerable solvents. The plant is a direct reduced iron (DRI) plant and can reduce the carbon footprint significantly compared to traditional steel plants by utilizing green hydrogen as energy and post combustion carbon capture technology, hence an important step in reaching the NetZero goals by 2030. "The subject of effective heat exchangers is getting more and more attention in the industry. The Show less Read more
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