Argos to allocate US$130 million in investments to combat climate change
Published by David Bizley,
Senior Editor
World Cement,
The commitment of Argos, cement company of the Argos Group, to tackling climate change is concrete. Accordingly, the company has determined that between 2022 and 2030 it will allocate approximately US$130 million in long-term assets (CAPEX) for structuring and implementing climate change initiatives.
The focus of these projects will be on the use of lower carbon footprint raw materials, fuel optimisation, the use of alternative fuels (such as urban solid and other industries waste) and energy ef ciency.
María Isabel Echeverri, vice president of Corporate Affairs:
"Concrete is not only the most used building material, but the second most used material in the world after water for its unique properties. As producers, we understand the call to contribute to the mitigation of the effects of climate change by reducing CO2 emissions in our production processes and developing new and better products and solutions. These investments prove that we are now redoubling our efforts in innovative actions that allow us to be part of the care of the planet through a gradual energy transition, mitigation, adaptation and resilience to climate change and the appropriate use of resources."
Argos targets, associated with climate change:
- To reduce 29% of direct CO2 emissions in the cement business by 2030.
- To deliver carbon-neutral concrete by 2050.
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Read the article online at: https://www.worldcement.com/the-americas/17072023/argos-to-allocate-us130-million-in-investments-to-combat-climate-change/
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