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ATCO Ltd Cl I NV ( ($TSE:ACO.X) ) has provided an announcement.
Ashcor USA Inc., a division of ATCO Ltd., and Consumers Energy have partnered to remediate coal ash from the J.H. Campbell Power Plant in Michigan. This project will transform the stored coal ash into a sustainable cement substitute, reducing the environmental impact associated with traditional cement production. The initiative not only supports the transition away from coal-fired power but also contributes to a reduction in global CO2 emissions by offering a more sustainable concrete solution. This effort marks Ashcor’s third Reclaimed Ash Management (RAM™) facility, highlighting the company’s commitment to environmental responsibility and innovation in construction materials.
More about ATCO Ltd Cl I NV
ATCO Ltd., through its division Ashcor Technologies Ltd., is involved in the environmental and energy sectors. Ashcor USA Inc., a subsidiary of Ashcor Technologies, focuses on innovative solutions such as the reclamation and repurposing of coal ash into sustainable materials, targeting the construction industry with eco-friendly alternatives to traditional products.
YTD Price Performance: 0.66%
Average Trading Volume: 166,494
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$5.34B
For detailed information about ACO.X stock, go to TipRanks’ Stock Analysis page.