Energy Efficiency, GHG Emissions, Industrial - October 31, 2023
Prysmian Signs Agreement for Low-Carbon Aluminum
Cable solution provider Prysmian entered into a partnership to use low-carbon aluminum in its operations.
The company signed a five-year supply agreement with Rio Tinto to use its aluminum made with renewable hydropower from Rio Tinto’s Canadian operations. This agreement will support Prysmian’s progress toward its objective to be carbon neutral by 2050.
The companies also signed a joint development agreement to leverage their technologies, research and development capabilities, and technical expertise to develop multi-material solutions in support of North America’s growing electrification demand.
“It is an exciting time to work with Rio Tinto and source this green aluminum that will guide us towards a more sustainable value chain for cable production,” said Prysmian Group North America’s CEO Andrea Pirondini in a statement. “At Prysmian, we prioritize collaboration with our customers and suppliers as we steer North America towards a greener future, leading in the sustainable energy transition. With strategic partners such as Rio Tinto, Prysmian is committed to achieving net-zero emissions across our entire value chain by 2050.”
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