In 2024, AVE managed 587,397 tons of waste and products, reinforcing its role as a strategic partner in the decarbonization of the cement industry.

The supply of waste for co-processing decreased slightly (6%) compared to 2023, representing 259,504 tonnes of alternative fuels. On the other hand, secondary raw materials (SRM) recorded a 46% reduction, totaling 206,901 tons, mainly due to reduced soil and land management.

Among alternative fuels, CDR from industrial waste stood out, with 157,065 tonnes. There was also significant growth in the biomass transaction (meat flour and olive pomace).

In the MPS component, 59,538 tonnes of iron oxide (including steel shot and slag) were handled, representing a growth of 51% compared to 2023.

Thanks to the energy and material recovery promoted by AVE, it was possible to avoid:

• The emission of 211,952 thousand tons of CO₂;
• 173,267 thousand tons of petcoke, a traditional fossil fuel.

Although the domestic market continues to be the main source of waste, the import of fluxes with specific technical characteristics remained essential to meet the demands of the cement industry.

AVE's performance in 2024 reinforced its position as a bridge between the waste and cement industry sectors, promoting technologically robust, environmentally sustainable and economically viable solutions.

In a context of growing demand for decarbonization of the cement sector, the year was marked by:

• Higher heat per ton of alternative fuel supplied;
• Increase in the biogenic component of fuels;
• Significant growth in the use of secondary raw materials.

These results demonstrate the success of AVE's strategy, which will continue to be followed with a focus on creating environmental, economic and social value.

With an innovative and proactive approach, AVE invested in technological modernization, with emphasis on:

• New software to support the evaluation and traceability of alternative fuels;
• Strengthening the security and reliability of databases;
• Expansion of laboratory and logistical capacities.

The AVE laboratory analyzed more than 1,300 products in real time, reinforcing transparency in transactions, the quality of prepared waste and the effectiveness of communication with producers.

Co-processing is an industrial process that allows the total replacement of fossil fuels and natural raw materials with previously prepared and validated waste, ensuring energy efficiency, clinker quality and environmental protection.

When carried out in cement kilns, this process:

• Avoids the production of residual waste;
• Does not generate environmental liabilities;
• It is aligned with European certification and sustainability standards.

Internationally recognized since 1976, co-processing is today one of the most effective and safe solutions for waste management and promoting the circular economy.