Lafarge Egypt, a member of Holcim Group, has entered into a partnership with Ostool for Land Transportation, a subsidiary of Raya Holding for Financial Investments (RAYA), to convert all fleet trucks serving Lafarge to run on natural gas, according to a notice on August 29th.
Under this partnership, Ostool will convert the trucks serving Lafarge to be operated by natural gas, adopting a “safer, healthier, and greener business model” in line with the sustainable development goals and Egypt Vision 2030.
The conversion of the trucks to natural gas will help in promoting green practices to reduce carbon emissions from land transportation, which poses a main global risk for the environment.
“We strongly believe in the vitality of environmental sustainability as well as fighting climate change, where we contribute to achieving Holcim’s vision––the vision for a future that builds progress for people and the planet,” Jimmy Khan, CEO of Lafarge Egypt, commented.
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“We acknowledge our responsibility towards the current and the future. Ostool promotes green initiatives in its plans for the near future. Likewise, the company works on converting all its 300 trucks in all fields to operate on natural gas, integrating the environmental aspect is our top priority,” CEO of Ostool Logistics Tamer Badrawi said.
It is worth noting that Ostool has been supplying truck fleet of Silo and flatbed trucks for transporting cement to serve Lafarge’s factory in Ain Sokhna.
Source: Arab finance
