Holcim Argentina and YPF Luz signed a significant agreement whose objective is the provision of renewable energy to the cement plants. The event took place at the Holcim plant located in Campana with the presence of Carlos Espina, CEO of Holcim Argentina, Miguel Gutiérrez, President of YPF and Martín Mandarano , CEO of YPF LUZ. Holcim Argentina is the leading company in the construction industry in the production of cement, elaborated concrete, stone aggregates and services for construction.
Supply is scheduled to begin in early 2020, reaching 35% coverage of Holcim’s total energy demand by the end of the first half of that year.
“This initiative is part of our Plan of Sustainable Development 2030, particularly in one of the four areas in which we are working to achieve this, Climate and Energy. Replacing the non-renewable energy currently consumed by wind energy, will help us reach our goal of reducing CO2 generation by 40 % by 2030”, assured Carlos Espina, CEO of Holcim Argentina.
Miguel Gutiérrez, president of YPF, said “Today, we are concluding this agreement for the provision of clean energy with Holcim, that represents a competitive, efficient and sustainable energy solution for a leading company in the industry of construction”. On the other hand, Martín Mandarano, CEO of YPF Luz added “We are very proud of having been chosen reliable partners as regards renewable energy and have strongly committed ourselves to sustainability”.
YPF Luz will supply the energy for Holcim operations from “Los Teros” wind farm located in Azul, province of Buenos Aires. The energy contracted is an annual average of 142 GWh for which it will use 30 MW of installed capacity in the wind park. YPF Luz is a supplier of reliable and sustainable energy for the main companies of the country like Holcim Argentina and is a leading company in the Renewable Energy Term Market (MATER).
With this initiative, Holcim Argentina will produce 1.2 million tons of cement per year with renewable energy, the equivalent of building 105,000 homes or 3,000kilometres of two-lane road, which will allow the company to reduce 63,000 tons of CO2 emissions as thermal energy is replaced by wind energy. The emissions that will be avoided will be equivalent to 60 thousand flights Córdoba- Buenos Aires.
Holcim Argentina, company that belongs to LafargeHolcim, is leader in the industry of the construction, in the production of cement, elaborated concrete, stone aggregates and advisory technical services , meeting the highest quality standards in products and services.
About Holcim Argentina
Holcim Argentina belongs to LafargeHolcim and is leader in the industry of the construction in the production of cement, elaborated concrete, stone aggregates and services of technical advice. With more than 80 year-experience in Argentina and a large coverage of national territory, Holcim has more than 1,000 collaborators. It has five cement plants located in the provinces of Córdoba, Mendoza, Jujuy and Buenos Aires. Moreover, it has fixed and mobile plants of elaborated concrete, one plant of stone aggregates and another one of industrial waste coprocessing –Geocycle-, both located in Córdoba. Disensa is the name of the construction web of the company and the biggest one in the country with more than 250 points of sale.
About YPF Luz
YPF Luz (YPF Electric Energy S.A.) is the fifth power generator with installed capacity in the country. Currently ,the company has an installed capacity of 1,819 MW to be delivered to the wholesale and industrial market and it is also building other 634 MW. Its aim is to generate efficient, sustainable and cost-effective energy to optimize the natural resources for the production of thermal and renewable energy. YPF Electric Energy shareholders are YPF S.A. and an affiliate of General Electric Financial Service.
For more information, visit www.ypfluz.com
