SSAB

Parmaco's Fixcel steel cell.

"Our collaboration with Parmaco represents an exciting opportunity to showcase the potential of fossil-free steel in the construction industry," says Olavi Huhtala, EVP and Head of SSAB Europe. "With the HYBRIT^® technology, we remove one of the key problems with traditional steelmaking by largely eliminating fossil carbon emissions from the production process. Together with partners like Parmaco, we can reduce the climate impact from building material and show what is possible already now."

Parmaco expects to start construction in early 2025, with completion later the same year. The building is intended to serve as a model for future sustainable construction projects worldwide, demonstrating that it is possible to meet the growing demands for urban development without fueling climate change.

Parmaco has long specialized in creating versatile spaces for schools, daycares, offices, residential complexes, and government facilities. Central to Parmaco's success is its unique product, Fixcel, a cutting-edge steel cell that forms the frame of the buildings and has advantageous properties that support indoor air quality and low energy consumption.

"We are thrilled to partner with SSAB on this pioneering project," says Jukka Joutsenkoski, CEO of Parmaco. "At Parmaco, we are committed to pushing the boundaries of sustainable construction. We have the technology ready and soon we will have the right material. The use of SSAB's fossil-free steel in our Fixcel technology is a natural progression in our mission to create environmentally responsible buildings that do not compromise on quality or durability."

The HYBRIT^® technology, developed by SSAB in partnership with LKAB and Vattenfall, replaces traditional coal with hydrogen and fossil-free electricity in the iron ore reduction process. The by-product is water instead of CO2 emissions. The fossil-free steel is a proof of concept from SSAB available for pilot deliveries to selected partners.  

Read more about Parmaco at www.parmaco.fi/en/.

For further information, please contact:
Anna Molin, Press Officer at SSAB, anna.molin@ssab.com, +46 76 110 46 76
Anna Elo, Director, Marketing and Communications at Parmaco, anna.elo@parmaco.fi, +358 40 581 25 67