SSAB and Parmaco to build in fossil-free steel

Parmaco will construct a building where all steel components consist of SSAB's fossil-free steel.

“Our collaboration with Parmaco represents an exciting opportunity to showcase the potential of fossil-free steel in the construction industry. 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,” says Olavi Huhtala, EVP and Head of SSAB Europe.

Parmaco will start the construction in early 2025 and it will be completed the same year. The idea is that it will be a model for future sustainable construction projects around the world, demonstrating that it is possible to meet the growing demands of urban development without fuelling climate change.

Parmaco specialises in creating flexible spaces for schools, nurseries, offices, housing and the public sector. Parmaco is the market leader in Finland when it comes to buildings for schools and preschools. The business concept is to rent out buildings.

Parmaco has a total of 250 employees, most of them in Finland. The Swedish operations of Parmaco AB have approximately 20 employees. 

Lennart Håkansson

editor@northswedenbusiness.com