Investments & Projects Management secures environmental approvals

  • Date: 18-Dec-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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Investments & Projects Management secures environmental approvals

Cairo, Egypt: Evolve Investments & Projects Management, affiliate of Arabian Cement Company (ACC), has become the first alternative fuels company and subsidiary of a cement company in Egypt to secure environmental approvals from the Egyptian Environmental Affairs Agency (EEAA) and the Waste Management and Regulatory Authority (WMRA) under Law 202, enacted in 2020. These environmental approvals will enable Evolve/ACC to engage with a diverse range of alternative fuel suppliers & materials, surpassing constraints and guaranteeing optimal quality & supply rates. In the context of increasing demand for alternative fuels within the cement industry, the approvals signify a transformative shift towards sustainable practices.

“This accomplishment is a pivotal moment for Arabian Cement company and its affiliate, Evolve, and is a milestone in our unwavering commitment to environmental stewardship and regulatory compliance,” said Sergio Alcantarilla, CEO of Arabian Cement Company. “It positions us to collaboratively engage with a broader spectrum of alternative fuel suppliers & materials, solidifying our role as an industry leader and trailblazer in sustainable practices within the industry."

In stringent compliance with the legal requisites outlined by Law 202, and amid intensive inspection campaigns on waste production and handling entities, ACC initiated the necessary procedures to obtain these approvals for both