Cairo: Arabian Cement Company (ACC) announced the registration of its solar power plant in Suez under the International Renewable Energy Certification (I-RECs) scheme, developed by I-TRACK . ACC thus becomes the first cement company in Africa and the Middle East to be certified under the I-RECs scheme, which strongly contributes to consolidating its position as a regional leader in adopting and implementing clean energy solutions in the industrial sector . Accordingly, the solar power plant at ACC’s Suez plant is the first industrial project of its kind of scale in Egypt to produce renewable energy certified by international I- RECs certifications.

Commenting on this achievement, Sergio Alcantarilla, CEO of Arabian Cement Company, said: “This achievement reflects our long-term vision to lead the cement sector, in Egypt and the entire region, in its transition to clean energy. Our accreditation by the International Renewable Energy Certification Scheme ( I-RECs) confirms our commitment to carbon neutrality and highlights our efforts in sustainable development, our commitment to transparency, and global best practices in sustainability .”

The registration process was conducted in collaboration with Ecosolis Sustainable Development, the official registration partner for the I-REC system. This step highlights Egypt's growing role as a regional hub for renewable energy development and the activation of corporate climate action in the Middle East and Africa. Commenting on this, Yasmine Shoukry, CEO of Ecosolis , said: "We are pleased to partner with Arabian Cement in this pioneering initiative. Arabian Cement's I-REC certification represents the first certification of its kind for an industrial company in Africa and the region, highlighting a clear path forward for the company's efforts to achieve reliable and effective carbon neutrality. This partnership also underscores the region's growing commitment to renewable energy and the adoption of sustainable practices."

This achievement represents a significant step and a milestone in ACC's comprehensive sustainability agenda. It also reflects its commitment to innovation, environmental responsibility, and alignment with Egypt Vision 2030 and global climate goals. At the same time, ACC continues to intensify its efforts in the field of renewable energy, becoming an inspiring model for the industrial sector, contributing to a more sustainable and resilient future in the region .

About the Arabian Cement Company

Arabian Cement Company is a leading cement producer in the Egyptian market. The company's plant, located in Suez Governorate, produces up to 5 million tons of high-quality cement annually, representing approximately 8% of Egypt's total domestic production. Over the years, the company has earned numerous quality certifications, including ISO 9001 for quality, ISO 14001 for environmental compliance, OSHAS 18001 for health and safety standards, and ISO 50001 for energy management. The company has been listed on the Egyptian Stock Exchange since May 2014. For more information, please visit: www.arabiancement.com

-I finish-

#Corporate Data

Disclaimer for the content of press releases
The content of these press releases is provided by a third-party provider. We do not assume any responsibility for, nor do we have any control over, such content. This content is provided on an 'as is' and 'as available' basis and has not been edited in any way. Neither we nor our affiliates are responsible for the accuracy, endorsement, or completeness of the opinions, views, information, or materials contained in this content.
Press releases are provided for informational purposes only; the content does not imply legal, investment, or tax advice or any opinion regarding the suitability, value, or profitability of any particular portfolio or investment strategy. We, or our affiliates, will not be liable for any errors or inaccuracies in the content, or for any actions you take based on such content. You expressly agree and acknowledge that you bear full responsibility for the use of the information contained in these press releases.
To the extent permitted by applicable law, Refinitiv, its parent, subsidiaries, affiliates, and their respective shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors (collectively, the “Refinitiv Parties”) will not be liable (either jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages; This includes, but is not limited to: lost profits, lost savings or revenue, whether caused by negligence, tort, contract or other liability theories, even if the Refinitiv Parties have been advised of the possibility of any such damages and losses or had actually anticipated their occurrence.