Powered by MARCO Track & Trace

Gestamp road to neutrality: Circularity to advance

Gestamp seeks to enhance the circularity of its business model, promoting the use of its scrap as a secondary raw material in the production of low-emission steel. The following data contains the summary of all scrap recovered in 2023 in Gestamp's production facility in the Basque Country, and reconciles that with the steel purchase forecasts for the same plant in 2024. This is the first step in Gestamp's use of Finboot's blockchain powered traceability ecosystem to demonstrate how they are closing the circularity loop of their scrap.

2024 Gestamp Steel purchase forecast

SANDBOX-GESTAMP-STEEL-PURCHASE-56DFD-VERSION-1-675499-24

Steel provenance

ARCELOR MITTAL SESTAO, S.L.U

Purchase date

01 Jan 2024

Steel destination plant: Gestamp Bizkaia

Total quantity purchased (MT)

96,558.45

Current scenario: Steel recycled content

MARCO T&T scenario: Steel recycled content

Traceability details

Secondary internal steel:
Scrap allocation

19,894.2 (MT)

Total Quantity of Steel

96,558.45 (MT)

Quantity Primary (MT)
Quantity of secondary internal (MT)
Quantity of secondary external (MT)
61,214.898
19,894.2
15,449.352

Emissions information

CO2 emissions saved (T CO2)

31,830

Total emissions

231,740.28

Emissions primary co2
Emissions second ext co2
Emissions second int co2
146,915.755
37,078.445
4,994.796

Access to the DPP

Access here

Gescrap Scrap Selling to Steel mill

The scrap is sent to the steel mill from Gescrap

Gescrap plant name

Gestamp Bizkaia

Steel mill name

ARCELOR MITTAL SESTAO, S.L.U

Total scrap Quantity from Gestamp (MT)

863

Steel mill location

Access to the DPP

Access here

Gestamp steel assignation and Scrap generation

SANDBOX-GESTAMP-STEEL-ASSIGNATION-AND-SCRAP-GENERATION-77ED6-VERSION-4-675209-24

Processing plant

Gestamp Bizkaia

Quantity of scrap generated (MT)

47.269

Date Material arrival

1 Feb 2023

Purchased steel traceability

Quantity of steel consumed (MT)

-134,543.669

Scrap associated emmissions C02

37,815

Access to the DPP

Access here

Sabic Press Release

SABIC launches blockchain pilot for digital traceability of certified circular TRUCIRCLE™ feedstock

SABIC’s consortium blockchain pilot project is a collaboration with technology company Finboot, advanced recycling pioneer Plastic Energy, and packaging specialist Intraplás

The project intends to create additional transparency and digital traceability for certified circular feedstock used in SABIC’s TRUCIRCLE™solutions

Ebook renewable feedstock

The growing consumption of carbon-based materials has created a series of issues for the environment, including a concerning rise in climate change, depletion of natural resources and pollution. Renewable feedstock is one of the solutions to combat modern society - but only if it can be reliably validated as genuine.