Thursday, April 15, 2021

Lafarge Egypt invests 100 million pounds to reduce its carbon footprint

Facebook
Twitter
Pinterest
WhatsApp
Telegram

Must Read

Solomon: Increasing the share of alternative fuels to 35% of the energy mix by 2027

The CEO of Lafarge Egypt, Solomon Avils, revealed that the company has invested 5 to 6 million Swiss francs, equivalent to 100 million pounds, to transform its factory in Ain Sokhna into an environmentally friendly factory that works to reduce carbon emissions from the cement industry, which is the third largest commodity in demand in the world.
Solomon said: “Out of Lafarge’s constant commitment to achieving sustainability, I am proud to be the first cement manufacturer in Egypt to introduce EcoLabel products.
Solomon also revealed during a press conference, to unveil the company’s new products, that the investments made by the company in its factory in Ain Sokhna in digitizing processes and technology are expected to reduce carbon emissions by 20 to 25%.
In response to a question to the “Stock Exchange”, he explained that the company continues its policies aimed at increasing reliance on recycled materials as an energy input in the cement industry, indicating that the company is currently relying on a mixture of energy that enables it to use natural gas, coal, petroleum coke, and waste. Recycled, the latter only accounts for 15% currently.
He said that the company is working to raise the share of waste from the company’s energy mix to 35% by 2027, as part of its plan to ultimately reduce carbon emissions to zero by 2030.
He added that there are two impediments facing the company to accelerate the shift to alternative fuels. The first is that it requires large investments from the company, in addition to the delay in the collection of alternative fuel waste currently in Egypt. He emphasized that the company is the largest cement company in the Egyptian market that relies on alternative fuels in the energy mix.
In addition, Solomon revealed the launch of two new products called Hydrocem Plus EcoLabel and Hydrocem EcoLabel, which target a relatively high segment where the use of new products comes as alternatives to soil types that need special treatment.
He revealed that Lafarge Egypt was the main supplier of the tunnels of the Suez Canal in the Ismailia region, as the new products are distinguished by their ability to withstand high levels of salinity without mixing them with additional materials, which were affecting the final concrete mix.
The new products were also used in the projects of the Ras Ghareb wind station and the Green River in the New Administrative Capital, as well as the company achieved a record during the pouring of the concrete floor of the iconic tower in the Administrative Capital, which required a continuous casting process for about 36 hours, with a total of 18 thousand cubic meters.
In turn, the company’s commercial director, Ahmed Abdo, said: The new product depends on 30% of alternative fuels and recycled materials, and saves about 30% of the carbon emissions that are produced by the traditional cement products, known as Portland.
Abdo stressed that one of the company’s products, which depends on recycled materials, has recently acquired 50% of the company’s sales.
For his part, Solomon revealed that the company is investing with the National Research Institute to develop products in the building materials industry that can be recycled again, to enrich Egyptian architecture.
He also confirmed that the company invests annually between 5 to 10 million Swiss francs to achieve its goals of sustainable development and product development.

The article, Lafarge Egypt is investing 100 million pounds to reduce its carbon footprint, was written in Al-Borsa newspaper.

Facebook
Twitter
Pinterest
WhatsApp
Telegram

Latest News

Weverton explains why he hit the last penalty in the Recopa Sul-Americana final; check it out – Prime Time Zone

In the dispute for penalties with Defensa y Justicia, the goalkeeper filled his foot and saw the ball go...

More Articles Like This

spot_img