Annual Report 2010 - Outokumpu

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84 Smaller amounts of rainwater fall on landfill areas located on Group sites, and this water may come into contact with alkaline wastes that could be contaminated with the hazardous compound hexavalent chromium. Such waters are treated to reduce the already-small chromium content to its naturally-occurring level, either through direct treatment in landfill areas, or by pumping the water to neutralisation plants. Paying attention to water discharges From an environmental perspective, the most significant components in water discharges from Outokumpu's stainless steel production processes are metal compounds and nitrates resulting from the neutralisation of acidic wastes generated in the Group's cold rolling units. Effluent discharges at all of Outokumpu's production units are controlled so as to minimise their impact on the environment. At the Tornio Works in Finland, for example, external studies conducted in the 2000s have shown that levels of metals in the primary discharges from the plant are much lower than the natural loading of metals in local rivers flowing into the Gulf of Bothnia. Developing discharge handling techniques Nitrate loadings originate in the pickling acids used in descaling operations involving stainless steel. A number of different techniques are employed by the Group to reduce nitrate loadings in effluent discharges from these operations, including pickling-acid recycling technologies. Outokumpu continues to work on the development of discharge-handling techniques to further reduce effluent loadings. At the Group's Kemi Mine, the main source of nitrates is the explosives employed in blasting – a small proportion of the explosive charges used is washed out into the facility's water-circulation system. Passage through three large ponds (a total of almost 200 hectares) located upstream of the point at which discharges into the recipient water system take place results in the nitrate content of the water being reduced by some 60%. As these water ponds are natural removal units there are no associated negative impacts on the Iso-Ruonaoja, the recipient water system. R&D to reduce discharges into water Several research projects aimed at reducing nitrate discharges into the waterways have been carried out at a number of Outokumpu's production sites in Sweden. At Avesta, this resulted in the investment of EUR 28 million in a new acid-recycling system that was installed during 2010. Process start-up is scheduled for early 2011 and this method of handling acids will result in drastic reductions in the quantities of nitrates that are discharged in this location. As the new process also generates a metal oxide that can be used as a raw material in the steel melting process, the new system will also reduce the quantities of sludge sent to landfill. At the Avesta site, the oil-separation station used for purifying cooling water and rainwater has been converted into a modern lamella filter unit. Process control ensures that oil is separated from water streams. At Tornio, to further reduce concentrations of nitrogen and suspended solids, plans to use the large dredging pond near the harbour as a post-treatment area for effluents from the Works have moved forward. The basin is expected to be taken into use during the year 2011. It has also been decided that the cleaning station for sanitary waters will be renewed. Read more about the health of water ecosystems. Outokumpu Annual Report 2010 – Business – Water
85 Water withdrawal and discharges Water withdrawal by source 2010 2009 2008 Surface water, million m 3 24.0 17.2 19.3 Municipal water, million m 3 1.0 0.9 1.1 Water discharges by type and destination Cooling water out, million m 3 8.2 8.1 11.5 Waste water out, million m 3 13.1 7.3 7.8 Metal discharges to water, tonnes 19.0 14.9* 15.5 Nitrogen in nitrates, tonnes 528 437 578 * The figure in this table in the 2009 report was incorrect. Outokumpu Annual Report 2010 – Business – Water
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Annual Report 2010
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Table of contents Outokumpu - an in
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Group Executive Committee .........
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1 Outokumpu - an international stai
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3 CEO's review 2010 was characteris
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5 Next steps The managerial agenda
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7 Group key figures 2010 2009 2008
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9 Strategic themes Outokumpu's stra
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11 Excel in operations Safe working
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13 Management discussion of financi
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15 € million Operating profit Gen
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17 When the additional ferrochrome
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19 also resulted in a substantial i
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21 Group earnings per share totalle
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23 € million Stainless steel base
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25 Developing Outokumpu's corporate
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27 A significant proportion of Outo
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29 Market position In recent decade
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31 amount of stainless steel consum
Page 39 and 40: 33 General Stainless - high-quality
Page 41 and 42: 35 An efficient, integrated single-
Page 43 and 44: 37 chromium ore was found to extend
Page 45 and 46: 39 Long Products Sheffield The Shef
Page 47 and 48: 41 Specialty Stainless key figures
Page 49 and 50: 43 Special Coil and Plate Special C
Page 51 and 52: 45 Outokumpu Stainless Tubular Prod
Page 53 and 54: 47 Group level functions Outokumpu'
Page 55 and 56: 49 Headquarters in Belgium Outokump
Page 57 and 58: 51 Expansion of our service centre
Page 59 and 60: 53 Supply Chain Management Procurem
Page 61 and 62: 55 50% compared to 2009. The ferroc
Page 63 and 64: 57 Research and development Product
Page 65 and 66: 59 perfectly safe for use in equipm
Page 67 and 68: 61 Stainless is optimal for sustain
Page 69 and 70: 63 Environmental goals and results
Page 71 and 72: 65 Results 2010 Sheffield melt shop
Page 73 and 74: 67 Until the beginning of 2009, sla
Page 75 and 76: 69 Material balance Materials used,
Page 77 and 78: 71 Improving waste handling and pre
Page 79 and 80: 73 Primary actions included in the
Page 81 and 82: 75 Despite of protective actions ag
Page 83 and 84: 77 Stainless steel in innovations a
Page 85 and 86: 79 Emissions and effluents One of O
Page 87 and 88: 81 ficiation and clarification basi
Page 89: 83 Water - a natural resource for c
Page 93 and 94: 87 studies monitoring the prevailin
Page 95 and 96: 89 Environmental investments furthe
Page 97 and 98: 91 Outokumpu and stakeholders The s
Page 99 and 100: 93 Goals for 2011 Improve HR report
Page 101 and 102: 95 Personnel facts and figures Outo
Page 103 and 104: 97 The US 330 321 403 Others 33 33
Page 105 and 106: 99 Open communication Employee moti
Page 107 and 108: 101 Compensation and benefits Outok
Page 109 and 110: 103 Developing our people through c
Page 111 and 112: 105 Health and safety Health and sa
Page 113 and 114: 107 Everyone deserves a safe workin
Page 115 and 116: 109 We value our stakeholders' opin
Page 117 and 118: 111 Outokumpu and our customers - a
Page 119 and 120: 113 Current and future employees Bo
Page 121 and 122: 115 our home market Europe, resulte
Page 123 and 124: 117 Production employees are repres
Page 125 and 126: 119 Public sector support, sponsori
Page 127 and 128: 121 Regulatory framework Outokumpu
Page 129 and 130: 123 General Meeting of Shareholders
Page 131 and 132: 125 To make other proposals to Gene
Page 133 and 134: 127 Board committees The Board of D
Page 135 and 136: 129 The CEO and Deputy CEO The Chie
Page 137 and 138: 131 Group Corporate Management Outo
Page 139 and 140: 133 Vice Chairman of the Board, Soi
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135 Key aspects of internal control
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137 Controller meetings were organi
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139 Risk management Outokumpu opera
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141 Strategic and business risks St
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143 Operational risks Operational r
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145 Both these financial risks and
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147 Good level of environmental man
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149 Climate change is taken serious
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151 Ethics, corporate responsibilit
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153 Internal audit monitors complia
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155 Outokumpu Annual Report 2010 -
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157 Solidium Oy 56 440 597 30.8 The
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159 Board authorisations Board Auth
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161 Shares subscribed with 2003B op
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163 programme for the earnings peri
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165 Information for shareholders An
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167 Stock exchange releases 2010 2
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169 Members of the Executive Commit
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171 Responsibility: HR strategy and
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173 Board member: Marzac Investment
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175 Based on its own assessment, Ou
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177 Risk management 4.10 Processes
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179 8 EN15 Species with extinction
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181 Human Rights Investment agreeme
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183 Fines for non-compliance PR9* c
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185 Measurement techniques Economic
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187 Days lost due to strikes is cal
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189 • Tested the completeness, ac
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191 8% from 2009. The clearly highe
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193 Profitability Earnings per shar
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195 During 2010, Outokumpu's net in
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197 Outokumpu's strategic prioritie
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199 Outokumpu is participating in t
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201 Outokumpu has been systematical
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203 completed in November 2010 and
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205 Short-term outlook Following th
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207 Opinion on the company's financ
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209 Diluted earnings per share, €
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211 Retained earnings 1 365 1 735 N
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213 Proceeds from sale of property,
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215 Key financial figures of the Gr
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217 Quarterly information Income st
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219 Share-related key figures 2010
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221 Definitions of key financial fi
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223 Income statement of the parent
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225 Share capital 311 309 Premium f
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227 Disposals of intangible assets
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Outokumpu is a global leader in sta
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Annual Report 2010 - Outokumpu

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