Arkema Signs Green Energy Supply Deals for US Sites
Arkema has signed long term renewable energy agreements for its US sites in Calvert City, Kentucky, Beaumont, Texas, Chatham, Virginia, and West Chester, Pennsylvania, as well as for all Bostik sites in the United States. The company said that these agreements are part of its climate plan.
By 2024, Arkema expects to obtain approximately 40% of the power needed to run its US operations from renewable sources after signing deals with energy providers Tennessee Valley Authority (TVA), Entergy and 3Degrees. This is a major milestone in the group’s decarbonization goal to reduce its Scopes 1 and 2 greenhouse gas emissions by 48.5% by 2030 versus 2019, Arkema said.
TVA and Entergy are expected to supply, respectively, an estimated 35 GWh/year and 60 GWh/year of electricity from solar energy to Calvert City and Beaumont. 3Degrees is expected to supply green e-certified renewable electricity certificates for the decarbonization of approximately 57 GWh/year of electricity for the Chatham and West Chester sites, as well as for all Bostik facilities in the United States.
Arkema had previously signed other renewable energy supply deals for its sites in Clear Lake and Bayport, Texas.
