SOURCE: Industrial Info Resources

December 11, 2009 05:00 ET

Steelmakers' Waste Becomes Energy -- $61 Million in Government Funding Leads the Way, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - December 11, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Air Products and Chemicals Incorporated (NYSE:APD) (Allentown, Pennsylvania) and project partner AK Steel Corporation (Butler, Pennsylvania) are in the design and engineering phase of an energy cogeneration project that will turn blast furnace waste gas into usable steam and electricity, saving trillions of British thermal units (Btu) of gas a year. ArcelorMittal USA Incorporated (East Chicago, Indiana), a subsidiary of global steel giant ArcelorMittal (NYSE:MT) (Luxembourg), has a similar project on the table.

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