The Greece-based industrial conglomerate MYTILINEOS made public the signing of the agreement with PPC for power supply at its metallurgy business unit Aluminum of Greece.
The agreement denotes the magnificent liaison of the two leading companies of Greece and their commitment to competitive electricity costs for the energy-intensive industry, in the context of the national industrial policy to safeguard the competitiveness of Greek companies for the benefit of the national economy.
Following the 60 years of uninterrupted cooperation, this will be the final contract of the two companies, as Mytilineos is highly committed to the framework of its strategy for sustainable development to reduce emissions by 30% in all its activities by 2030 and to achieve climate neutrality by 2050.
Furthermore, Mytilineos aspires to set a green example, through its commitment to reduce absolute CO2 emissions by 65% and relative CO2 emissions (per tonne aluminium produced) by 75% specifically for the Metallurgy Business Unit.
However, the Aluminium of Greece will cover all its electricity needs from Renewable Energy sources by 2030.
The Chairman and CEO of MYTILINEOS, Evangelos G Mytilineos, after the signing of the contract, said: “Today we are signing our last contract with PPC. A collaboration that sealed the recent industrial history of Greece is completed in the most appropriate way for both PPC and MYTILINEOS. For us, after 2023, a new era begins for the historic factory of 'Aluminum of Greece': a green and sustainable era, spearheading with national climate goals and the European Green Deal '.”
Responses
