Heidelberg Materials Egypt buys into waste-to-fuel firm ZeroCarbon
What's the deal? Heidelberg Materials EgyptDealroom has a profile for this one. Try Dealroom → has acquired a minority stake in ZeroCarbonDealroom has a profile for this one. Try Dealroom →, an Egyptian decarbonisation company specialising in waste management and the production of alternative fuels. The deal value was not disclosed.
What does ZeroCarbon do? It produces alternative fuels, including refuse-derived fuel, from waste. For Heidelberg Materials EgyptDealroom has a profile for this one. Try Dealroom →, one of the country's leading cement producers, that offers what it calls a "reliable and sustainable" source of fuel.
What's the endgame? The investment advances Heidelberg Materials Egypt's ambition to lift refuse-derived fuel beyond 30% of its total alternative fuel consumption. The company frames the move as cutting its reliance on fossil-derived energy.
Why it matters: Cement is among the most carbon-intensive industries, and producers are turning to waste-derived fuels to cut emissions and energy costs. Securing a stake in a supplier locks in access rather than relying on the open market.
"Decarbonisation is not only about reducing emissions: it is about transforming the way resources are used across our industry," said Heidelberg Materials Egypt chief executive officer Mohamed Hegazy.
The signal: Cement majors are moving upstream into their fuel supply chains, backing alternative fuel producers directly to meet decarbonisation targets. Heidelberg Materials Egypt's bet on ZeroCarbon is a small but telling step in that shift.
Read more: globalcement.com
Image credit: Department of Environmental Protection Recycling a
