Meranti launched its green steel project in 2023.(Photo: Meranti)
Meranti, a steel manufacturer headquartered in Singapore, pledges to build Southeast Asia's first green flat steel plant in Thailand. The company plans to use hydrogen to replace coal in its operations, coupled with electric arc furnace technology powered by renewable energy to produce green steel. This initiative aims not only to help Thailand reduce its dependence on imported steel but also to contribute to the decarbonization of the electric vehicle industry.
Meranti develops green energy electric arc furnaces
In 2023, Meranti announced its green steel project, marking a significant milestone in Thailand's steel industry's decarbonization efforts. The plant is expected to be operational by 2027, with an annual production capacity of 2 million tons, resulting in a yearly reduction of 4 million tons of carbon emissions—equivalent to planting 200 million trees annually.
