Summit Materials' Continental Cement Inks MoU With PCC Hydrogen To Explore Collaborative Opportunities To Lower Carbon Emissions
Portfolio Pulse from Benzinga Newsdesk
Summit Materials' subsidiary, Continental Cement, has signed a Memorandum of Understanding (MoU) with PCC Hydrogen to explore opportunities to reduce carbon emissions. The collaboration aims to leverage PCC Hydrogen's expertise in hydrogen production and utilization to lower the carbon footprint of Continental Cement's operations.
October 23, 2023 | 11:48 am
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Summit Materials' subsidiary, Continental Cement, is partnering with PCC Hydrogen to explore ways to reduce carbon emissions. This could enhance Summit Materials' sustainability profile and potentially lead to cost savings in the long run.
The partnership with PCC Hydrogen could help Summit Materials reduce its carbon footprint, which is increasingly important for companies due to regulatory pressures and changing consumer preferences. This could enhance the company's reputation and potentially lead to cost savings in the long run, which would be positive for the stock.
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