Q3 2024 Orizon Valorizacao de Residuos SA Earnings Call Transcript

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Nov 14, 2024

Nov 14, 2024 / 02:00PM GMT
Operator

Good morning ladies and gentlemen (technical difficulty)

Milton Pilao - Orizon Valorizacao de Residuos SA - Chief Executive Officer

(technical difficulty) has to comply with the minimum established in the matrix, and this is a new currency to be used in the biomethane market. As to carbon credit, we made very important headways. I will always like to provide detail of what really impact our business, both the advance in the agreement of Paris Agreement as well as the approval in the Senate. These unlock the possibility of Orizon to commercialize the carbon credit from some landfills which were in the stock.

So now this article 6.4 as well as the carbon law, they are going to be used by Orizon to unlock the possibility of trading those assets that could not be migrated to the voluntary market. So this is highly important for us. All those framework that were made our business unlocked. As to inorganic growth, we bought two landfills, Rodolfo Fernandes and Juazeiro do Norte, and we are going to generate 1,200 tons per day and 600 tons of Rodolfo Fernandes

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