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News Votorantim Cimentos to upgrade Salto de Pirapora cement plant

Votorantim Cimentos to upgrade Salto de Pirapora cement plant

Written by Global Cement staff 20 July 2023
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Brazil: Votorantim Cimentos has secured a US$150m loan from the International Finance Corporation for an upgrade to its Salto de Pirapora cement plant in São Paulo. The producer aims to increase the alternative fuel (AF) substitution rate at the 4.8Mt/yr plant, and reduce its CO2 emissions. It says that the loan is tied to sustainability performance indicators (SPIs), based on the reduction in the plant’s Scope 1 CO2 emissions.

Last modified on 26 July 2023
Published in Global Cement News
Tagged under
  • Brazil
  • Votorantim Cimentos
  • Loan
  • Finance
  • Upgrade
  • Plant
  • Alternative Fuels
  • Coprocessing
  • Sustainability
  • bank
  • International Finance Corporation
  • IFC
  • GCW618
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