The Mexican unit of the Latin American steel giant Ternium has signed a new green pact with EU-based infrastructure provider Infra Group to reinforce decarbonization at its steel complex in the northern city of Pesquería, in the Mexican state of Nuevo León, to transform raw carbon dioxide (CO2) from steel production into an input for the food industry.
The Mexican unit of Infra Group is the company Cryoinfra, which will build a plant of more than 8,800 square meters on a surface of 40,000 square meters owned by Ternium, ceded through a lease agreement, as published by Mexican newspaper El Financiero.
In Pesquería, Ternium will supply 767 tons of raw CO2 daily to Cryoinfra for its CO2 transformation for the food industry, mainly for the carbonated beverage industry.
With this green pact, Ternium reinforces its global commitment to climate neutrality in greenhouse gas emissions by transforming CO2 into an input with no impact on the environment.
According to the newspaper, the processing plant will begin operations in three years and will have a useful life of 50 years.
Currently, Cryoinfra operates two gas production plants for the food, medicine, and manufacturing industries, including the steel industry. Its production centers are in the northern city of Apodaca, 10 miles west of Pesquería.