< Arab Finance - News - Geocycle Egypt inaugurates its waste management platform in Sokhna
Count Down to relaunch



Geocycle Egypt inaugurates its waste management platform in Sokhna

Geocycle Egypt inaugurates its waste management platform in Sokhna

ArabFinance: Geocycle Egypt- the leading provider of waste management solutions and member of LafargeHolcim Group, with its subsidiary Lafarge Egypt-inaugurated its waste management platform in Al Ain El Sokhna, Suez Governorate, today. Prominent stakeholders working in the field of waste management in Egypt attended the opening ceremony. The distinguished attendees are Dr. Yasmine Fouad, Minister of Environment, and Eng. Hussein Mansi, CEO of Lafarge Egypt.

Geocycle Platform was built following the latest technology in the field of waste management with total investments of EGP 200 million thus making it the largest platform for the Group in the Middle East and Africaregion. The platform receives the non-hazardous agriculture, industrial and municipal wastes, as raw materials, from various governorates from around Egypt. Afterwards, these raw materials get converted into high quality fuels which are reused as alternatives for mazut, diesel, and gas. The platform promises an annual production capacity of 400,000 tons of alternative fuel in its final form that is to be used in the cement production process at Lafarge Egypt cement plant in Al Ain El Sokhna.

On this occasion, Eng. Hussein Mansi, CEO of Lafarge Egypt, said: “Waste management has become a global challenge. There are wastes that could be recycled finding a solution for the problem, while others are non-recyclable and represent a challenge. Through our arm, Geocycle for wastes management, we believe we are part of the solution. Stemming from out deep concern towards sustainability and as we are keen to find alternative fuels for our plant in Al Ain El Sokhna, we converted the wastes challenge into an opportunity. This was carried out through the investments of EGP 200 million to rationalize our fossil fuels consumption and contribute to the preservation of natural resources for the coming generations.”

The inauguration of Geocycle Egypt platform in Al Ain El Sokhna comes in alignment with the Egyptian government vision 2030 on sustainability and is also consistent with the efforts exerted by the Ministry of Environment in establishing clean communities through eliminating the wastes problems by supporting recycling, assisting strategic projects with economic, social, and environmental impact and encouraging the industrial sector to use alternative and clean fuels to preserve the environment. Geocycle Egypt is a member in the National Solid Waste Management Program.

The company offers its services in managing the non-hazardous wastes tomore than 40 industrial corporations working in Egypt. Geocycle has a positive social and environmental impact on the communities where it operates, either through the reduction of the green house effect resulting from landfills, or through providing direct or indirect working opportunities for the non-formal sector working in garbage sorting. Garbage collectors have become part of the system today therefore, Geocycle offers them the necessary health and safety training and also provides the vaccines and equipment to help them work safely.

#Related keywords

Recommended Stocks

13 Jun 2022
Delta Sugar SUGR
Close
24.98
Change
00.6
Hold

All rights reserved to Arab Finance 2020 ©

Back to top