One of the biggest challenges facing the global iron and steel industry is decarbonization. Having the right solutions to reduce carbon, and doing it more economically, is going to be critical. Direct reduction, the focal point of our technology, is the best-proven method to make an immediate and dramatic reduction in the industry’s CO2 footprint. Our industry-leading technology is what gives us the edge in the market, but it’s our people who make that technology possible. It’s our people who create, improve, and sustain the products and services today and imagine the new technologies on the horizon. This is why we have been in business for over 50 years with plants operating in more than 20 countries.
Midrex Technologies, Inc.
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3.3
Overall Excellence Rating
Industry
Oil, Gas and MiningCategory
Energy & UtilitiesESG/Ethical Impact
Midrex Technologies, Inc. recognizes the importance of protecting the environment and conserving natural resources. Throughout its history, Midrex has been proactive in increasing the efficiency, productivity, and reliability of its processes while reducing their environmental impact. MIDREX® Plants are designed to minimize water, noise, and air pollution, and to meet applicable WorldBank standards, as well as local emissions and environmental standards regardless of location. One of the biggest challenges facing the global iron and steel industry is decarbonization. Having the right solutions to reduce carbon for greener steel production, and doing it more economically, is going to be critical. Direct reduction, the focal point of our technology, is the best-proven method to make an immediate and dramatic reduction in the industry’s CO2 footprint. As the world moves toward green steel production and green electricity becomes more available and affordable, the MIDREX Plants that exist today can be easily adapted to use hydrogen(MIDREX Flex) and the plants of tomorrow will be designed to operate on MIDREX H2, making them zero-emissions from a CO2 point of view. Maintaining a healthy and safe work environment is a top priority of Midrex and a daily goal of its employees. Midrex works with its Construction Partners and Process Licensees to implement and maintain an up-to-date safety program, with the goal of zero work-related injuries and illnesses. Midrex follows the regulations set forth by Occupational Safety & Health Administration (OSHA) 1910 & 1926 and strives for excellence in safety by continuously reviewing and updating information pertaining to facilities and by training employees on a regular basis.
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Awards Received
2023
Revenues
$58,400,000.00
Website Traffic
Employee Rating
3.5
Customer Rating
3.7
Company Size
100-1000
ESG Risk Rating
3
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