Business
Blastr Green Steel announces new strategic investment to minimize water usage and discharge
Blastr Green Steel (Blastr) has announced a new strategic investor in its latest round of financing, aiming to collaborate on best-in-class water systems at its flagship ultra-low CO2 steel plant in Finland.
About this update from Ecolab Inc.
[{"type":"text","content":"INKOO, Finland, Aug. 27, 2025 /PRNewswire/ -- Blastr Green Steel (Blastr) has announced a new strategic investor in its latest round of financing, aiming to collaborate on best-in-class water systems at its flagship ultra-low CO2 steel plant in Finland. ","length":253,"tagName":"p"},{"type":"text","content":"In addition to investing in the project, Ecolab has commenced the design of, and intends to subsequently build and operate the water management system at Blastr's 2.5-million-ton-per-annum (MTPA) steel plant in Inkoo.","length":221,"tagName":"p"},{"type":"text","content":"Ecolab is a global leader in water, hygiene and infection prevention solutions and services, operating in more than 170 countries. Its Nalco Water business provides sustainable water solutions to steel companies and other customers around the world designed to reduce water usage, maximize production process water reuse and wastewater recycling, and minimize treated effluent discharged.","length":388,"tagName":"p"},{"type":"text","content":"The parties will work together to minimize seawater intake, seawater discharge, and heat load to the sea with potential reductions estimated up to 85-90%. Further advances will be explored through innovative stormwater integration and the use of municipality wastewater.","length":270,"tagName":"p"},{"type":"text","content":""Water is one of Earth's most precious resources and vital to the way we live," said Mark Bula, CEO of Blastr Green Steel. "Even though our water treatment plan was deemed acceptable by the Finnish authorities as part of the Environmental Impact Assessment (EIA), we want to do even better. We have listened to our community and to Inkoo's elected leaders, and the feedback has been overwhelmingly focused on water and heat discharge to the sea. This is why we are excited to announce this collaboration now."","length":537,"tagName":"p"},{"type":"text","content":""Ecolab will work with us to design a water management system that advances Blastr's commitment to building a world-class steel mill with a significantly reduced environmental footprint. The company will also support the environmental permit application and communication of its water stewardship plans to the Inkoo community."","length":341,"tagName":"p"},{"type":"text","content":""We are excited to...