Ternium Unveils USD 500 million Environmental Investment Plan
Leading steel company in Latin America Ternium announced a plan of USD 500 million in environmentally friendly projects and technologies for its plants,
Leading steel company in Latin America Ternium announced a plan of USD 500 million in environmentally friendly projects and technologies for its plants, mainly in those located in Mexico, Argentina and Brazil. In its latest plan through 2019, the company invested USD 260 million in projects related to the environment and energy efficiency at all its facilities. Now, his new plan adds USD 500 million dollars, in a strategy to be implemented in the next seven years. The projects will be focused on the reduction of emissions, effluent management and materials management, especially in the Nuevo León plants, in Mexico; San Nicolás de los Arroyos, in Argentina; and Santa Cruz, in Brazil.
Among the projects to be carried out are: the construction of domes and raw materials silos at the Guerrero Plant in San Nicolás de los Garza, Nuevo León; the modification of the Secondary Aspiration System of the Steelworks of San Nicolás de los Arroyos, Argentina; and the baghouse at the Sinter plant in Brazil
The company reported on this environmental investment plan in parallel with the announcement of its Decarbonization Route, an initiative with which it plans to reduce its specific CO2 emissions by 20% by 2030.