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Brenntag commits to 100% renewable electricity by 2025

June 28/2021

MOSCOW (MRC) -- Brenntag, the global market leader in chemicals and ingredients distribution, has committed to switching its electricity consumption completely to green electricity by 2025, as per the company's press release.

This self-imposed commitment marks another important step in the company's sustainability strategy. To this end, Brenntag has joined the global RE100 initiative.

Christian Kohlpaintner, Chief Executive Officer Brenntag SE: With our voluntary commitment to 100% green power by 2025, we have added another element to our ambitious sustainability targets for 2021 that we published in line with our latest sustainability report. Moving towards an operation entirely with renewable electricity is an important measure for our business to position us even more future-proof and responsible in terms of reducing CO2 emissions.

The RE100 initiative aims to unite the largest and most successful companies on the planet in their mission to move to 100% renewable electricity. This goal shall be achieved in its entirety by 2040. In the process, the initiative addresses, among other things, political and regulatory barriers, and stands up for a transparent system to create a level playing field for partners from the most diverse businesses and all regions of the world.

In its recently published sustainability report, Brenntag stated that 15% of its electricity consumption in 2020 could already be sourced from renewable sources - a result that has had a proven positive impact on the Group's decline in CO2 emissions.

As MRC informed earlier, in April 2020, Brenntag said it had acquired the operating assets of Suffolk Solutions (Suffolk, Virginia) caustic soda distribution business. Financial terms of the deal have not been disclosed.

We remind that March production of sodium hydroxide (caustic soda) in Russia was 118,000 tonnes (100% of the main substance) versus 98,400 tonnes a month earlier. The country's overall output of caustic soda totalled 329,400 tonnes in the first three months of 2021, down by 0.7% year on year.
Author:Margaret Volkova
Tags:Europe, kausticheskaya soda, petrochemistry, adhesives, Brenntag, USA.
Category:General News
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