MOSCOW (MRC) -- BASF has signed a two-year contract to purchase electricity produced entirely from renewable energy sources – mainly wind – to power its “Mobile Emissions Catalysts” plant in Sroda Slaska, west of Warsaw, Poland, said the company.
The financial terms of the contract were not disclosed. “We set ambitious environmental objectives in BASF to achieve climate neutrality by 2050,” said Katarzyna Byczkowska, managing director of BASF Polska.
“However, to make it a reality, global goals must also translate into local strategies. By signing this new contract, we will now cover 100 per cent of our electrical demand in Sroda Slaska from renewable sources."
The purchased electricity, mainly produced from wind by PGE Obrot, is expected to power BASF’s Mobile Emissions Catalysts plant in Sroda Slaska in south-western Poland.
The BASF Mobile Emissions Catalysts plant in Sroda Slaska provides modern solutions for exhaust gas treatment for light duty and heavy duty segments, the company said.
As per MRC, BASF, the world's petrochemical major, is strengthening its global catalyst development and helping customers to bring new products faster to the market. As part of this strategy, BASF is building a new pilot plant center at its Ludwigshafen site.
We also remind that n June, 2021, Trinseo, a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, and BASF announced the intention to expand their businesses with the production of styrene monomer (SM) based on circular feedstock. Trinseo has procured first supplies of SM based on circular feedstock from BASF for use in its Solution-Styrene Butadiene Rubber (S-SBR) and polystyrene (PS) products. Trinseo supplies S-SBR to major tyre manufacturers while its PS products are used in applications such as food packaging and appliances. The first few customers have already processed the material, said the company.
We remind that Russia's output of chemical products rose in June 2021 by 10.2% year on year. However, production of basic chemicals increased year on year by 8.2% in the first six months of 2021, according to Rosstat's data. June production of polymers in primary form was 937,000 tonnes versus 956,000 tonnes in May. Russia's overall output of polymers in primary form totalled 4,460,000 tonnes over the stated period, up by 12.8% year on year.
BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries.
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