Brazil’s Votorantim Cimentos has created a new business unit, named Verdera, to manage and provide services throughout the co-processing chain of alternative materials used in cement production.

The company announced an investment plan of BRL400m (US$98m) to develop the unit over the next four years. The goal of Verdera is to offer waste disposal services to different companies and industries.

Furthermore, the company plans to increase its petcoke substitution rate from 25 per cent to 80 per cent.