Tees Valley Mayor inaugurates the first phase of green steel plant

Binding Solutions Limited (BSL) the UK-based developer of emission-reducing solutions for the steel industry is pleased to announce the commissioning, performance testing and hand over of the first phase of its new Pilot Plant located at its laboratory research facility in Middlesborough, UK.

The occasion of the initial commissioning was marked by Tees Valley Mayor Ben Houchen who toured the facility, met with BSL technicians, and officially inaugurated the plant.

The Pilot Plant was built and designed in co-operation with Keats Site Services Limited and is expected to be fully operational in the first quarter of 2024.

The Pilot Plant will enable BSL to ramp up large scale product testing of its unique Cold Agglomerated Pellet manufacturing process for its growing international client base and further develop its proprietary low carbon technology to serve the iron ore and steel manufacturing sectors.

The Pilot Plant will use BSL’s patented technology to produce up to 2 tonnes of cold agglomerated pellets per hour for leading players in the global steel and iron ore industries.

BSL’s patented process uses minimal heat and energy to produce high quality iron ore pellets for s steel producers, which can be transformed into primary steel products. BSL’s technology reduces both energy usage and CO2 emissions by approximately 70 per cent, compared to traditional indurated pelletising processes used to create the raw materials required by steel works, while also virtually eliminating SOx and NOx emissions.

At the same time, BSL’s technology enables reductions in capital investment costs of approximately 86 per cent per 1 Mtpa of production. Since 2021 BSL has more than doubled its total workforce to 35 employees, creating highly-skilled new jobs for the local area.

Julian Lee, CEO of Binding Solutions said: “This is an important milestone in delivering our Pilot Plant here in Middlesborough.

“Our low-carbon technology has the potential to replace and decarbonise a very energy intensive part of the steel making process and the Pilot Plant will take us a major step closer to rolling out our solution for the global steel sector. We are delighted Ben Houchen helped us to mark this occasion and are looking forward to ramping up work on the plant and bringing it into full operation early next year.”

Tees Valley Mayor Ben Houchen said: “It’s a mark of extreme pride that BSL, a business based here in Middlesborough is not only leading the way in developing technology to decarbonise the steel industry but is also taking that technology global to become an international player in the sector.

“This project shows the breadth of innovation, talent and entrepreneurship we have here in Teesside, and it was a pleasure to officially inaugurate the first stage of this groundbreaking facility.”

By Mark Adair – Correspondent, Bdaily

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