PeroCycle and Jindal Steel (Oman) Advance Low-Carbon Steelmaking Initiative

PeroCycle, a specialist in closed-loop carbon recycling technology, has secured a major feasibility assessment contract with Jindal Steel (Oman) aimed at exploring the deployment of low-emission steelmaking technology at the Port of Duqm.

The study will assess how PeroCycle’s proprietary carbon recycling system can be integrated into Jindal Steel’s large-scale steel operations, with the goal of converting industrial off-gases into reusable feedstock. The project could help establish a new benchmark for low-carbon steel production in the Middle East.

Developed at the University of Birmingham in the U.K., PeroCycle’s technology targets the decarbonisation of heavy industries including steel, cement and chemicals. By recycling process off-gases back into production systems, the company says its technology has the potential to cut carbon emissions in sectors such as steelmaking by as much as 90%, while also reducing dependence on fossil-fuel-based reducing agents including coal, coke and natural gas.

The system is designed to be incorporated into both new industrial facilities and existing plants through retrofitting, potentially helping manufacturers avoid stranded assets and the significant capital costs associated with building entirely new green production sites.

Feasibility Study to Focus on Integration and Commercial Viability

The assessment programme is intended to create a detailed framework for potential large-scale deployment. The work will centre on technical integration, system design, economic and environmental analysis, and implementation planning.

One key area of the study will examine how PeroCycle’s system can operate alongside Vacuum Pressure Swing Adsorption (VPSA) and Pressure Swing Adsorption (PSA) technologies, which are used to separate and recover high-purity gases from industrial off-gas streams.

The engineering phase will also include the preparation of detailed Process Flow Diagrams and mass and energy balance models to support system design and optimisation. In parallel, on-site evaluations will analyse the commercial value and profitability of the project, while deployment planning will seek to ensure any future installation can be integrated smoothly into existing production schedules.

Grant Budge, CEO of PeroCycle, said: “We are honoured to be working alongside Jindal Steel (Oman), a company that is clearly at the forefront of the global decarbonisation transition. The feasibility assessment is more than just a study; it could be a blueprint for the future of the industry. By combining PeroCycle’s ability to recycle CO2 with Jindal’s operational excellence, we look to prove that decarbonisation and industrial growth can go hand-in-hand.”

Harssha Shetty, CEO at Jindal Steel (Oman), commented: “Sustainability is a core pillar of our long-term strategy at Jindal Steel. Exploring innovative technologies like PeroCycle’s reflects our commitment to reducing our carbon footprint while maintaining our competitive edge in the global steel market. We look forward to seeing the technical and economic results of this study as we continue to lead the way in sustainable steelmaking.”

Strategic Benefits for Both Companies

For Jindal Steel, the initiative is expected to provide a data-driven pathway for reducing both direct operational emissions and indirect emissions linked to purchased electricity and energy use. The project could also lower long-term operating costs by decreasing reliance on externally sourced carbon inputs.

For PeroCycle, the collaboration offers an opportunity to validate its technology within a large-scale industrial setting while strengthening its presence in the Middle East, a region increasingly focused on industrial decarbonisation initiatives. The study is also expected to support future engineering, manufacturing and construction work linked to a demonstrator-scale unit.

Industry Engagement and Upcoming Conferences

PeroCycle is scheduled to present its technology and decarbonisation strategy at several industry events later this year, including the Green Steel World Conference in Düsseldorf on 23 September, the World CCUS Conference in Edinburgh from 22–24 September, and the APAC CCUS and Hydrogen Decarbonisation Summit in Kuala Lumpur on 24 November.

About PeroCycle

PeroCycle is a U.K.-based industrial technology company spun out from the University of Birmingham. The business focuses on advanced carbon recycling technologies for foundation industries such as steel production. Its proprietary perovskite-based catalyst systems are designed to create a closed-loop process that converts carbon emissions into reusable industrial resources, supporting lower-cost decarbonisation pathways.

About Jindal Steel (Oman)

Jindal Steel (Oman), part of the global Jindal Group, operates one of the Middle East’s largest integrated steel manufacturing facilities at the Port of Duqm. The company produces a range of high-grade steel products and is focused on combining advanced industrial technologies with sustainable operating practices to support infrastructure and industrial demand worldwide.

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