News and Press Releases

What better way to capture the magic of Holiday season than with a magical new steel? Because that is how we think of our Hybrid Steel, a groundbreaking innovation made possible by a new alloying philosophy and a sophisticated hybrid hardening metallurgy.

Ovako can now provide the specific carbon footprint for each one of its products. This is made possible by a new Carbon footprint calculator that enables customers to see the full picture of the CO 2 -footprint for the products they purchase.

Ovako has partnered with digital training hub THORS eLearning Solutions, to develop a unique online, on-demand course titled ‘Steel Fundamentals’.

Sustainably-sourced steel can help OEMs (Original Equipment Manufacturer) deliver climate-smart products and reduce their overall carbon footprint – and in turn attract environmentally conscious customers and respond to tightening legislation.

The secret to making steel strong involves controlling a number of critical factors – such as cooling, microstructure and chemical position.

This year’s Sustainability Report highlights important progress in Ovako’s sustainability efforts, linked to areas such as the company’s environmental impact, systematic safety work and ongoing investments for increased competitiveness .

Nicholas Källsäter has been appointed as the new Chief Financial Officer (CFO) of Ovako and will be part of the executive management team. Nicholas, who currently is Head of Group Business Control, has worked at Ovako since 2012. He takes up the new position on June 1, 2019 and succeeds Johan Ryrberg, who has decided to take on new opportunities outside Ovako.

Ovako publishes additional climate declarations to help customers make climate-smart purchasing decisions