PART (Cestuly, Answer any two questiones in full) 32 Marks Developing a Sustainable Steel Production Process This case is about XYZ. company, a new steel production technology developed as an alternative to the existingsfuel production technologies which were not only energy intensive but also hugh on Comissions. The new process was developed in the wake of the Paris Agreement which aimed at reducing Commissions globally. The European Unge targeted cutting down the emissions to 80-90% of 19 levels by 2000. The European Union was also looking at adopting a circular economy, which would not only redno prere on the environment but also enhance the security of the supply of raw materials and lead to economic growth. As far as the steel industry was concerned it was looking at increasing the efficiency of production and to redesigning production processes to reduce Con emissions. Toward this and the industry in Europe formed a comertium called Ultra-Low Carbon Dioxide Stretmaking (utc) in 2004 to identify technologies that would help reduce carbon emissions entre energy efficiency, and allow flexibility in the section of raw material in the steel industry The consortium was of the view that a completely new process need to be developed as the limits of the existing production systems had already been achieved. The resulted in the development of a breakthrough technology, XYZ company, which removed several energy intensive pre-process and provided flexibility in terms of the quality of uw materials and use of fuels. In the process, the Co, emissions fell by 20%, and ly capturing the high quality Cothe emissions could be reduced by S. The emnions of other fine particles could also be reduced The technology was tested in a pilot plant of Tata Steel Europe in the Netherlands and the million project was funded by UL.COs the European Union, and the Dutch government xz.company was a combination of two different technologies, one from rutal and mining company Rio Tinte and the other from Tata Steel. After years of trial and experimentate Steel was all set to take the new sustainable production process to industrial scale. This called for more investments and immined to be whether the majors from across the world would show an interest in adopting the new technology in a bid to reduce com or whether they would continue with the traditional steel making proce Answer any two questions 1. To examine in depth the circular economy and the role of steel 2. To understand the industry's approach toward sustainable production 3. To demonstrate the way in which manufacturing processes can be redirigned to crease production and acharel PART (Cestuly, Answer any two questiones in full) 32 Marks Developing a Sustainable Steel Production Process This case is about XYZ. company, a new steel production technology developed as an alternative to the existingsfuel production technologies which were not only energy intensive but also hugh on Comissions. The new process was developed in the wake of the Paris Agreement which aimed at reducing Commissions globally. The European Unge targeted cutting down the emissions to 80-90% of 19 levels by 2000. The European Union was also looking at adopting a circular economy, which would not only redno prere on the environment but also enhance the security of the supply of raw materials and lead to economic growth. As far as the steel industry was concerned it was looking at increasing the efficiency of production and to redesigning production processes to reduce Con emissions. Toward this and the industry in Europe formed a comertium called Ultra-Low Carbon Dioxide Stretmaking (utc) in 2004 to identify technologies that would help reduce carbon emissions entre energy efficiency, and allow flexibility in the section of raw material in the steel industry The consortium was of the view that a completely new process need to be developed as the limits of the existing production systems had already been achieved. The resulted in the development of a breakthrough technology, XYZ company, which removed several energy intensive pre-process and provided flexibility in terms of the quality of uw materials and use of fuels. In the process, the Co, emissions fell by 20%, and ly capturing the high quality Cothe emissions could be reduced by S. The emnions of other fine particles could also be reduced The technology was tested in a pilot plant of Tata Steel Europe in the Netherlands and the million project was funded by UL.COs the European Union, and the Dutch government xz.company was a combination of two different technologies, one from rutal and mining company Rio Tinte and the other from Tata Steel. After years of trial and experimentate Steel was all set to take the new sustainable production process to industrial scale. This called for more investments and immined to be whether the majors from across the world would show an interest in adopting the new technology in a bid to reduce com or whether they would continue with the traditional steel making proce Answer any two questions 1. To examine in depth the circular economy and the role of steel 2. To understand the industry's approach toward sustainable production 3. To demonstrate the way in which manufacturing processes can be redirigned to crease production and acharel