MOSCOW (MRC) -- Nouryon, a global specialty chemicals leader, announced today that it has signed a 30-year power purchase agreement (PPA) with Convergent Energy and Power to supply 2-megawatt (MW) of solar power to Nouryon’s manufacturing site in Morris, IL, US, said the company.
The onsite solar field is expected to be operational in the second half of 2024. “We are pleased to sign our first onsite PPA in the US as part of our commitment to reduce our greenhouse gas emissions,” said Eduardo Nardinelli, Senior Vice President, South America & Global Carbon Business Leader. “We view this agreement as another step towards increasing our renewable energy footprint."
Nouryon aims to reduce its absolute Scopes 1 and 2 greenhouse gas emissions by 40% by 2030 compared to 2019 and aspires to be a net-zero organization by 2050. More information on the Company’s sustainability progress can be found in the full report, the ESG fact sheet and dedicated Sustainability section of the Company website.
Nouryon is a global, specialty chemicals leader. Markets and consumers worldwide rely on our essential solutions to manufacture everyday products, such as personal care, cleaning goods, paints and coatings, agriculture and food, pharmaceuticals, and building products. Furthermore, the dedication of approximately 7,900 employees with a shared commitment to our customers, business growth, safety, sustainability and innovation has resulted in a consistently strong financial performance. We operate in over 80 countries around the world with a portfolio of industry-leading brands.
We remind, Nouryon announced that it has commissioned a chlorine dioxide plant to modernize and expand the Arauco pulp mill in Chile. The project, called the MAPA project, is a USD2.35 billion pulp mill and is the largest industrial project in the Biobio region. The new plant adds 1.56 million tons per year of eucalyptus pulp capacity to Arauco’s footprint that will be supplied to its customers.