Arkema Secures 20-Year Solar Energy Contract with EDF Renewables for 70% of Bostik’s Electricity Needs

Arkema Secures 20-Year Solar Energy Contract with EDF Renewables for 70% of Bostik’s Electricity Needs

(IN BRIEF) Arkema has entered into a 20-year contract with EDF Renewables to supply 20 GWh/year of renewable electricity, beginning in 2026. This partnership will cover 70% of Bostik’s electricity consumption across its eight sites in France. The move towards sourcing electricity from locally produced renewable sources aligns with Bostik’s commitment to reducing carbon emissions and contributes to a more sustainable production process. EDF Renewables, a global player in the energy transition, aims to support businesses in their journey towards low-carbon electricity solutions.

(PRESS RELEASE) COLOMBES, 12-Dec-2023 — /EuropaWire/ —Arkema has signed a 20-year contract with EDF Renewables for the supply of 20 GWh/year of renewable electricity. This partnership will start in 2026 and will cover 70% of Bostik’s electricity consumption in France.

Starting from 2026, 70% of the electricity consumption across Bostik’s 8 French sites will come from solar energy. This initiative complements the ongoing efforts of Bostik’s teams to reduce the CO2 emissions from their activities.

“We are delighted to announce this partnership with EDF Renewables, a significant step for the Group, which aims to further reduce its carbon footprint. By choosing to source electricity from locally produced renewable sources, Bostik strengthens its commitment to increasingly decarbonized production, firmly positioning itself towards a more environmentally friendly economy, in line with Arkema’s overall vision”, VINCENT LEGROS, EXECUTIVE VICE PRESIDENT OF THE ADHESIVE SOLUTIONS SEGMENT (BOSTIK).

Carlotta Gentile Latino, Executive Vice President – France onshore operations at EDF Renewables declared: “We are very pleased to sign this contract with Arkema, which strengthens our long-term partnership. The teams at EDF Renewables are committed to working with our customers to offer innovative solutions and support businesses in their energy transition by supplying low-carbon electricity.”

About EDF Renewables

EDF Renewables is an international energy company which develops, builds and operates renewable power generation plants.

As a major player in the energy transition worldwide, EDF Renewables deploys, within EDF, competitive, responsible and value-creating projects. In every country, our teams show their commitment to local stakeholders every day, adding their expertise and capacity for innovation to the fight against climate change.

At the end of 2022, EDF Renewables operates a net installed wind and solar capacity of 11.4 GW (18.5 GW gross) worldwide. Mainly present in Europe and North America, EDF Renewables is pursuing its development by taking a position in promising emerging markets such as: Brazil, China, India, South Africa and in the Middle East. Historically active in onshore wind and photovoltaics, the Company is now strongly positioned on offshore wind and floating wind as well as in new technologies such as energy storage, floating solar and agrivoltaism.

This contract, which marks an important milestone in the transition towards decarbonized energy, is consistent with Arkema’s actions to reduce its CO2 emissions in line with
the 1.5°C trajectory by 2030, as validated by the Science Based Targets initiative (SBTi).

Media Contacts:

Gilles Galinier
VP Communication
+33 (0)1 49 00 70 07

Anne Plaisance
Corporate Press Relations Manager
+33 (0)6 81 87 48 77

SOURCE: Arkema