Grupo Cementos de Chihuahua Signs Long-Term Agreement With Renewable Energy Supplier for Its Rapid City, South Dakota, Cement Plant
May 07, 2020 at 01:03 pm EDT
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Grupo Cementos de Chihuahua, S.A.B. de C.V. announced that it has signed a long-term agreement with a leading U.S.-based energy provider to supply wind power to GCC’s Rapid City, South Dakota, cement plant. The agreement covers around 50% of the electricity consumed at the plant. The switch to wind power will result in an approximately 50,000 metric ton reduction in CO2 emissions annually. That’s equivalent to around 11,000 passenger vehicles driven for a year, based on the U.S Environmental Protection Agency estimate. The 15-year fixed-price agreement is expected to take effect in the first quarter 2021. GCC remains focused on implementing global best practices related to sustainability throughout the organization while further strengthening the Company’s overall profitability.
GCC SAB de CV, formerly known as Grupo Cementos de Chihuahua SAB de CV, is a Mexico-based company primarily engaged in the construction materials sector. The Company foocuses on the production and marketing of cement and other related building materials. The Companyâs product portfolio includes Portland grey cements, ready-mixed concrete, gypsum, additives and limestone aggregates, as well as such prefabricated products as walls, architectural concrete blocks and paving stones, among others. The Company also offers technical support and assistance for the installation of its prefabricated structures. The Company operates in Mexico and the United States, through such subsidiaries as GCC Comercial SA de CV, GCC Concreto SA de CV, GCC Rio Grande Inc, GCC Dacotah Inc, GCC Alliance Concrete Inc, Mid Continent Concrete Inc and Consolidated Ready Mix Inc.
GCC, S.A.B. DE C.V. 
