ENGIE supplies LANXESS with green electricity

Shanghai, February 2, 2023 – Specialty chemicals company LANXESS and energy company ENGIE have concluded power full supply agreements for a total of 1,400 GWh for sites in Germany and Belgium. More than half will be covered by corporate power purchase agreements (cPPAs) with guarantees of origin for green power. The cPPAs run from January 2023 to the end of 2025.

 

The electricity for the cPPAs will be sourced from seventeen wind farms and four solar parks in Germany. By combining different technologies and locations, generation from renewable energy sources can be best adapted to LANXESS' consumption profile. For example, the partners expect renewable energies to account for 50 percent of the total electricity supplied. This will reduce LANXESS' carbon footprint by 33,000 metric tons per year. By comparison, the CO₂ footprint per person per year in Germany is around eleven metric tons. The electricity will be supplied to five LANXESS sites in Germany: Bergkamen, Bitterfeld, Brilon, Brunsbuettel and Mannheim. In Belgium, the electricity goes to the two LANXESS sites in Lillo and Kallo in the Antwerp port area.

 

"Green electricity in our production also makes our products more sustainable - and therefore more attractive to our customers," says Rolf Kettner, Head of Energy Procurement at LANXESS. The new supply agreement pays into LANXESS' plan to become climate-neutral in production (Scope 1) and energy sources (Scope 2) by 2040. Among other things, the specialty chemicals group therefore plans to switch its global power supply completely to renewable energies within the next decade. In August 2022, LANXESS also announced its intention to make its entire upstream and downstream value chain climate-neutral by 2050 (Scope 3).

 

"We are pleased to now also support LANXESS in Germany and Belgium on its path to climate neutrality with a green power supply contract. By combining wind and solar farms, we can make green power even more available to our customer," says Julia Schlafmann, Senior Originator at ENGIE. ENGIE is one of the leading providers of PPAs worldwide and is one of the top three portfolio owners of post subsidy parks with a volume of more than two terawatt hours.

 

About LANXESS

LANXESS is a leading specialty chemicals company with sales of EUR 6.1 billion in 2021. The company currently has about 13,200 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives and consumer protection products. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

 

LANXESS China

On January 31, 2005, the company was initially listed on the Frankfurt Stock Exchange and LANXESS Chemical (China) Co., Ltd. officially started operations. LANXESS now has 13 subsidiaries, 6 R&D centers and 7 production sites with around 1,200 employees in Greater China. LANXESS works closely with its local partners to develop market-oriented solutions that meet local market needs.

 

Forward-Looking Statements

This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors, nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.

 

Information for editors:

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