Four PCA Member Companies Awarded More Than $1 Billion from U.S. DOE
Washington, D.C., March 25, 2024 (GLOBE NEWSWIRE) -- Today the U.S. Department of Energy announced potentially more than $1.2 billion in funding for four Portland Cement Association (PCA) member companies to launch revolutionary decarbonization projects.
- Washington, D.C., March 25, 2024 (GLOBE NEWSWIRE) -- Today the U.S. Department of Energy announced potentially more than $1.2 billion in funding for four Portland Cement Association (PCA) member companies to launch revolutionary decarbonization projects.
- In all, the Administration awarded $6 billion to hard-to-abate industries, with the hope of transforming America’s industrial sector to strengthen domestic manufacturing and significantly cut GHG emissions.
- “This funding is a welcome acknowledgement from the government that America’s cement manufacturers are taking ambitious and significant steps toward reaching carbon neutrality,” said Mike Ireland, PCA President and CEO.
- “PCA is committed to continuing to work with policymakers to ensure the regulatory environment facilitates rather than impedes these and future investments.”