Mark Bula

Mark Bula is an accomplished executive with extensive experience in the steel and manufacturing industries. Currently serving as Chief Executive Officer at Blastr Green Steel, Bula works to decarbonize the steel industry through innovative partnerships and value chains. Previously held positions include Chief Executive Officer at Vulcan Green Steel and Chief Commercial Officer at H2 Green Steel, where efforts focused on establishing large-scale, fossil-free steel production. Bula's career features strategic roles, including Executive Vice President at Union Partners and Chief Commercial Officer at Big River Steel, where initiatives led to significant revenue expansion and capital investments. Bula's educational background includes an MBA in International Business from The University of Toledo and a BSBA in Industrial Marketing from Robert Morris University.

Location

Helsinki, Finland

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Blastr Green Steel

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The steel industry is a major source of greenhouse gases, accounting for 9% of global CO₂ emissions. Established in 2021, Blastr Green Steel aims to decarbonize steel production by creating an integrated steel value chain leveraging Nordic advantages. The company will utilize local raw materials and fossil-free energy and apply a circular economy thinking throughout the value chain to produce cost-competitive, ultra-low CO₂ steel with ~90% lower scope 1-3 CO₂ emissions than conventional steel production. Blastr will establish a state-of-the-art steel plant with integrated hydrogen production at Inkoo, Finland, producing 2.5 million tonnes of flat-rolled steel annually. Blastr will also establish an iron ore pellet plant producing 6 million tonnes of high-quality direct reduction pellets to supply its steel plant, as well as the world market for direct reduction pellets. Blastr Green Steel is part of Vanir Green Industries and it will be one of the largest industry start-ups in the Nordic region


Headquarters

Lysaker, Norway

Employees

1-10

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