One of Western Europe’s and the world’s leading suppliers of stainless steel raw materials from recycling Oryx Stainless Group has signed a framework agreement with SIRIM QAS to ensure the imports of stainless steel scrap fully comply with the country’s green agenda.
One tonne of recycled stainless steel saves more than 4.3 tonnes of carbon dioxide (CO2) which is equivalent to the emissions of a 23,000-kilometre car ride, according to a study by the German Fraunhofer Institute. Annually, Oryx Stainless Group delivers more than 500,000 metric tonnes of high-quality stainless steel blends to global premium stainless steel smelters, saving CO2 well above two million tonnes of greenhouse gases per year. In 2021, the company saved about 2.5 million tonnes of CO2 with its supplies of recycled raw materials.
Although stainless steel is one of the cleanest of all imported materials, the new import legislation requires a thorough inspection of every shipment into the country, and SIRIM QAS was appointed to oversee scrap imports nationwide.
The agreements will assure both the government’s mandate to keep harmful substances out of Malaysia and expedite the speedy and professional inspection of Oryx Stainless’ frequent shipments of clean, recyclable stainless steel scrap into Malaysia.
Our company serves in the most sustainable ways to produce high-quality raw materials through recycling. Every country and economy can benefit from our knowledge and services. Malaysia, let us be your long-term partner in our joint, green success story!” said Oryx Stainless Group Chief Financial Officer Roland Mauss.