Sector News

Borealis signs renewable power deal for petchem complex at Porvoo, Finland

July 7, 2020
Energy & Chemical Value Chain

Borealis says it has signed two long-term power purchase agreements (PPAs) to source renewable electricity from Finnish wind farm operator Ilmatar Energy for its integrated petrochemical production facility at Porvoo, Finland.

The purchase agreements have been made jointly with Neste, Borealis’s long-term partner in Porvoo, Borealis says. The purchase and supply of more than 20 megawatts of wind power over the next decade will enable the company to increase the share of renewable power in its overall electricity consumption at its Porvoo complex to 13%, it says. The purchase volume will comprise the annual output of approximately four wind turbines, with Ilmatar to build onshore wind farms scheduled to start delivering the electricity by mid-2022, it adds.

Borealis aims to source at least half of its overall electricity supply from renewable sources for its polyolefins, hydrocarbon, and energy businesses by 2030, it says. The PPAs also support the aim of the chemical industry in Finland to be carbon neutral by 2045, it adds.

Indirect carbon dioxide (CO2) emissions at its facilities in Porvoo will be reduced by approximately 16 kilotons/year, according to Borealis.

The company needs to take “meaningful action” to reach its energy and climate targets by 2030, says Martijn van Koten, executive vice president/base chemicals and operations at Borealis. “The long-term power purchase agreement with Ilmatar is the first of its kind for us.”

The petchem facility at Porvoo includes a steam cracker producing ethylene, propylene, and butadiene; a phenol and aromatics plant; two polyethylene plants; a polypropylene plant; a compounding unit; and an innovation center.

By: Mark Thomas

Source: Chemical Week

comments closed

Related News

June 8, 2024

Borealis equips Belgium site with demonstration compounding line for recyclate-based polyolefins

Energy & Chemical Value Chain

Borealis has installed a semi-commercial demonstration compounding line for recyclate-based polyolefins (rPO) at its site in Beringen, Belgium. It is set for construction this year and is expected to be fully operational in the first half of 2025.

June 8, 2024

Christine Grosse Lembeck to lead BASF’s Battery Recycling business

Energy & Chemical Value Chain

Christine Grosse Lembeck has been appointed to lead BASF’s global Battery Recycling business. In her new role, she will be in charge to further grow BASF’s comprehensive solutions along the battery recycling value chain for battery producers, battery cell manufacturers and OEMs. The business is an integral part of BASF Battery Materials.

June 8, 2024

Carbios equips L’Occitane en Provence with enzymatically recycled shower oil bottle

Energy & Chemical Value Chain

L’Occitane en Provence’s Amande shower oil has been outfitted with a bottle based on transparent PET made entirely from enzymatic recycling. The launch comes in collaboration with enzymatic recycler Carbios and packaging provider Pinard Beauty Pack, aligning with the industry’s transition to a circular plastic economy.

How can we help you?

We're easy to reach