The Ternium Palmar de Varela Industrial Center in Colombia celebrated one year since its inauguration today and expects to close in the first quarter of 2022 with 309,000 tonnes of straight rod and compact coil. At the close of 15 February 2022, the CIT Palmar de Varela produced 282,000 tonnes of steel in the first year, including the 3.5-month trial of the industrial complex, which began in November 2020. It is expected that, by the close of the first quarter of 2022, a production of 309,000 tonnes is reached.Among the most relevant points of this first year of operations, it is highlighted that all the energy used in the different processes is 100% renewable. This led the company to obtain the EPM Green Energy Seal, an important recognition in terms of sustainability. In addition, its steel is 100% reusable and the complex reuses 98% of the water it uses in its processes.With the increase in its capacity, Ternium will produce 33% of the steel that Colombia needs to supply the demand of sectors such as construction and infrastructure. This volume complements the capacity of the steel sector in the country, allowing it to cover 100% of the amount of material required to carry out infrastructure works such as the Bogotá Metro, the 4G and 5G roads, as well as housing projects. In this way, the company seeks to replace imports of this input with Colombian technology and labor.
The Ternium Palmar de Varela Industrial Center in Colombia celebrated one year since its inauguration today and expects to close in the first quarter of 2022 with 309,000 tonnes of straight rod and compact coil. At the close of 15 February 2022, the CIT Palmar de Varela produced 282,000 tonnes of steel in the first year, including the 3.5-month trial of the industrial complex, which began in November 2020. It is expected that, by the close of the first quarter of 2022, a production of 309,000 tonnes is reached.Among the most relevant points of this first year of operations, it is highlighted that all the energy used in the different processes is 100% renewable. This led the company to obtain the EPM Green Energy Seal, an important recognition in terms of sustainability. In addition, its steel is 100% reusable and the complex reuses 98% of the water it uses in its processes.With the increase in its capacity, Ternium will produce 33% of the steel that Colombia needs to supply the demand of sectors such as construction and infrastructure. This volume complements the capacity of the steel sector in the country, allowing it to cover 100% of the amount of material required to carry out infrastructure works such as the Bogotá Metro, the 4G and 5G roads, as well as housing projects. In this way, the company seeks to replace imports of this input with Colombian technology and labor.
