Potential offtaker

(ACIP) Alexandria Company for Industrial Packages

www.acipegypt.com

Estimated electricity consumption

N/A

Countries of production presence

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Alexandria Company for Industrial Packages (ACIP) is a leading Egyptian company operating in the Containers & Packaging sector. Established in 1995, the company has been providing high-quality packaging solutions to various industries in Egypt and the Middle East region. With a focus on sustainability and decarbonisation, ACIP has been actively pursuing initiatives to reduce its carbon footprint and promote the use of renewable energy in its operations.

One of the key areas of focus for ACIP has been corporate energy management. The company has implemented various measures to reduce its energy consumption and improve efficiency, such as upgrading its production equipment and implementing energy-saving practices. ACIP has also invested in renewable energy sources, such as solar panels, to generate clean energy for its operations. The company has set a target to reduce its carbon emissions by 50% by 2030, and is actively working towards achieving this goal.

In addition to its efforts to reduce its carbon footprint, ACIP has also embraced corporate power purchase agreements (PPAs) as a means of promoting renewable energy. Through corporate PPAs, the company has entered into agreements with renewable energy providers to purchase clean energy at a fixed price over a long-term period. This not only helps ACIP to reduce its carbon emissions but also provides a stable and predictable source of energy for its operations.

ACIP has also been actively involved in promoting renewable energy in the wider community. The company has partnered with various organisations to promote the use of renewable energy in Egypt and the Middle East region. ACIP has provided funding for the installation of solar panels in schools and hospitals, and has also supported research into renewable energy technologies.

One of the key challenges facing ACIP and other companies in the Containers & Packaging sector is the high energy consumption required for production. The company has implemented various measures to reduce its energy consumption, such as using more efficient machinery and implementing energy-saving practices. However, there is still a need for further innovation and investment in renewable energy technologies to enable the sector to achieve decarbonisation.

Despite these challenges, ACIP remains committed to promoting sustainability and reducing its carbon footprint. The company has set a clear target to reduce its carbon emissions by 50% by 2030 and is actively working towards achieving this goal. Through its investment in renewable energy and corporate PPAs, ACIP is leading the way in promoting clean energy in Egypt and the Middle East region.

In conclusion, Alexandria Company for Industrial Packages (ACIP) is a leading Egyptian company operating in the Containers & Packaging sector. With a focus on sustainability and decarbonisation, ACIP has been actively pursuing initiatives to reduce its carbon footprint and promote the use of renewable energy in its operations. Through its investment in renewable energy and corporate PPAs, ACIP is leading the way in promoting clean energy in Egypt and the Middle East region. Despite the challenges facing the sector, ACIP remains committed to promoting sustainability and reducing its carbon footprint, and is working towards achieving its target of reducing its carbon emissions by 50% by 2030.

✓ Declared Net Zero commitment