Arkema Inks Green Energy Supply Agreements for US Facilities

February 26, 2024: Specialty chemicals manufacturer Arkema has signed long-term renewable energy agreements for US-based production facilities. These agreements, which cover sites in Calvert City (Kentucky), Beaumont (Texas), Chatham (Virginia), West Chester (Pennsylvania), and all Bostik sites in the United States, signal a significant step towards achieving the company’s ambitious climate goals.

Arkema expects to secure approximately 40% of its US operation’s energy needs from renewable sources by 2024. This aligns with the company’s commitment to reduce Scope 1 and 2 greenhouse gas emissions by 48.5% by 2030 compared to 2019.

The energy providers Tennessee Valley Authority (TVA) and Entergy are set to supply solar energy to the Calvert City and Beaumont sites, respectively. 3Degrees will supply green e-certified renewable electricity certificates to decarbonize electricity for the remaining sites. Arkema previously signed energy supply deals with providers servicing its Clear Lake and Bayport facilities in Texas.

These supply deals represent a fundamental shift in Arkema’s energy-sourcing strategy. By prioritizing renewable energy options, the company proactively responds to the pressing need for sustainable industrial practices. It also signals a shift within the chemical manufacturing sector towards reducing its environmental impact.

This achievement aligns with Arkema’s broader focus on becoming a Net Zero company. The company continues to explore and develop similar partnerships that facilitate the integration of renewable energy sources into its global operations. Arkema’s leadership on this front is a benchmark for other industrial organizations and reinforces their position as an industry innovator in sustainable chemical manufacturing.