Local Highlands manufacturer Boral Cement will use a $102,702 grant from the Rudd Labor Government to invest in clean and renewable technologies.
Innovation Minister Senator Kim Carr, and Federal Member for Throsby,
Stephen Jones, today announced the funding from the Clean Technology Investment Program.
Stephen Jones congratulated Boral and said the grant would help them reduce both their power bills and carbon emissions.
“With support from the Federal Labor Government, Boral Cement at Berrima is reducing their power bills by up to $476,000 a year. At the same time the company will cut carbon pollution by reducing the energy intensity of their operations by 10%,” Stephen Jones said.
“This will be achieved by Boral Cement modifying the cement grinding process line at its cement manufacture site in Berrima.
“These changes are exactly the sort of practical improvements that the Rudd Labor Government is keen to support.
“By helping manufacturers invest in energy efficient capital equipment and low emissions technologies, processes and products, Labor is supporting projects that are good for businesses, good for the environment and good for the local economy.”
Senator Carr said that this injection of financial support now would help
Boral Cement modernise their operations and be more sustainable – both environmentally and financially – over the long term.
The Clean Technology Investment Programs are part of the Rudd Labor Government’s drive to help companies modernise and take advantage of new technology to become more efficient and more competitive.
The Programs are helping achieve real change through 582 grants, supported by over $300 million in Government funding approved to date, which has in turn leveraged close to $1 billion in total investment in clean technology around Australia.
Funding for this grant is already included in the Budget.