SKF Invests in Steel Waste Recycling Startup Anferra

Dow Jones

06/25

STOCKHOLM--Ball-bearing maker SKF has invested in Swedish startup Anferra, a company that has developed a process to recycle steel waste.

SKF said it has made the strategic investment together with Stephen Industries and Chalmers Ventures, without disclosing financial details.

Anferra's process converts hazardous steel grinding sludge into ferric chloride, which is a common chemical agent used for wastewater and water treatment. Another by-product is hydrogen gas, which can be further used to store energy.

"Grinding sludge is one of the toughest recycling challenges in the steel and bearing industry," says Mikael Krook, director of SKF Ventures. "Anferra's approach represents a smarter way forward and positions us well to drive circularity and decarbonization."

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

June 25, 2026 08:29 ET (12:29 GMT)

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Another by-product is hydrogen gas, which can be further used to store energy. \n</p>\n<p>\n  \"Grinding sludge is one of the toughest recycling challenges in the steel and bearing industry,\" says Mikael Krook, director of SKF Ventures. \"Anferra's approach represents a smarter way forward and positions us well to drive circularity and decarbonization.\" \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 25, 2026 08:29 ET (12:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SKFRY","symbol_name":"AB SKF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2646808842","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2646808842","pubTimestamp":1782390540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"STOCKHOLM--Ball-bearing maker SKF has invested in Swedish startup Anferra, a company that has developed a process to recycle steel waste.SKF said it has made the strategic investment together with...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SKFRY":"AB SKF","PICK":"iShares MSCI Global Metals & Mining Producers ETF","BK4161":"工业机械","SKF":"金融股指数ETF-ProShares两倍做空","BK4535":"淡马锡持仓"},"translate_title":"斯凯孚投资钢铁废料回收初创公司Anferra","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SKFRY":0.9,"SKF":1.5,"PICK":1.5},"content_text":"STOCKHOLM--Ball-bearing maker SKF has invested in Swedish startup Anferra, a company that has developed a process to recycle steel waste. \n\n\n  SKF said it has made the strategic investment together with Stephen Industries and Chalmers Ventures, without disclosing financial details. \n\n\n  Anferra's process converts hazardous steel grinding sludge into ferric chloride, which is a common chemical agent used for wastewater and water treatment. Another by-product is hydrogen gas, which can be further used to store energy. \n\n\n  \"Grinding sludge is one of the toughest recycling challenges in the steel and bearing industry,\" says Mikael Krook, director of SKF Ventures. \"Anferra's approach represents a smarter way forward and positions us well to drive circularity and decarbonization.\" \n\n\n \n\n\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 25, 2026 08:29 ET (12:29 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}