London, September 24, 2024, (Oilandgaspress) ––Hydro and automotive company Mercedes-Benz extend their established, strategic partnership. Now they join forces to collaborate on a long-term program to promote positive impacts for people and nature in the Brazilian Amazon.
At Climate Week 2024 in New York, Hydro and Mercedes-Benz are launching the long-term “Corridor” program for sustainable development in the Amazon.
The Corridor program is committed to promote positive impact to people and nature in the Amazon. In the program, Hydro and Mercedes-Benz will join forces, together with the Brazilian NGOs IPAM, Imazon, and CEA, Boston Consulting Group and other partners. The aim is to protect human rights, the generation of income for local communities, restoration of nature, and the development of low-carbon value chains in the region.
The program is aimed at generating social positive impact in the region along the bauxite slurry pipeline operated by Hydro in Brazil. The pipeline is stretching 244 kilometers through seven municipalities in the State of Para, from Hydro’s bauxite mine in Paragominas to the Alunorte alumina refinery in Barcarena.
The partnership builds on the commercial agreement already existing between Hydro and Mercedes-Benz. In 2022, the companies committed to collaborate on a joint technology roadmap aiming to develop aluminium solutions approved for automotive applications with a CO2 footprint below 3.0 kgCO2/kgAl. The ambition is to approach near-zero aluminium towards 2030.
The identification of different projects under the Corridor program in the Amazon region will be driven by the communities living around the areas around the pipeline. This approach empowers local stakeholders to identify and prioritize projects that directly benefit their regions, with the aim to foster ownership and alignment with the program’s overarching goals.
Information Source: Read Press Release
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