Ternium announces investment of 500 million dollars for its environmental plan

Nuevo León

By Elenne Castro

Ternium  announced an investment of 500 million dollars to carry out its environmentally friendly plan, projects and technologies for its plants, mainly in those located in Mexico, Argentina and Brazil.

The announcement was made by Máximo Vedoya, CEO of the company at the conference with investors and analysts, to whom he commented that caring for the environment is a key aspect of Ternium's operations .

"The steel industry, like many others, has increasingly devoted more resources to improving its environmental footprint," Vedoya said.

In its latest plan through 2019, the company invested $ 260 million in projects related to the environment and energy efficiency at all its facilities. Now, his new plan adds 500 million dollars, in a strategy to be implemented in the next seven years .

The projects will be focused on reducing emissions, managing effluents and managing materials, especially at 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 - a device for filtering and removing particles - 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.

Ternium  is the main flat steel producer in Latin America, with operating facilities in Mexico, Brazil, Argentina, Colombia, the southern United States and Central America. 

The company offers a wide range of high value-added steel products for active customers in the automotive, household appliances, HVAC, construction, capital goods, containers, food and energy industries through its production centers, service centers, networks distribution and advanced customer integration systems.