INEOS Olefins & Polymer Europe has taken a notable step towards environmental sustainability by signing a renewable power agreement with Skagerak Energitjenester. Through this collaboration, INEOS aims to power its Rafnes and Bamble plants in Norway with hydro energy, underscoring the company's commitment to reducing its carbon footprint and supporting the green transition of the Norwegian industry.
Following the recently announced INEOS Inovyn deal, this partnership ensures that all of INEOS' assets in the region are now supplied with 100% green power generated from hydroelectric production. By embracing renewable energy sources, INEOS demonstrates its dedication to addressing sustainability concerns and reducing the environmental impact associated with its operations.
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The Rafnes plant holds significance within INEOS' operations, as it produces ethylene used in various applications, including the manufacturing of low-density polyethylene (LDPE). Adjacent to Rafnes, the Bamble site utilizes the LDPE grades produced at the plant to manufacture essential products such as beverage cartons, medical bottles, and food packaging seals.
By transitioning to renewable power, INEOS aims to tackle the environmental challenges associated with LDPE production. The company highlights that utilizing green energy has the potential to reduce the carbon footprint of a typical LDPE grade by up to 30%, signifying a substantial reduction in emissions and a positive step towards sustainability within the industry.
Skagerak Energitjenester's chief executive, Thomas Peter Jebsen, expressed his satisfaction with the partnership, stating the company's pride in being chosen as INEOS Rafnes and Bamble's long-term power supplier of 100% green power. He emphasized the shared focus on renewable energy and the joint commitment to supporting INEOS in achieving its renewable energy targets and contributing to the broader green transition of the Norwegian industry.
The collaboration between INEOS Olefins & Polymer Europe and Skagerak Energitjenester serves as a notable example of how industry leaders can proactively address sustainability concerns. By embracing renewable power solutions, INEOS takes a significant stride towards reducing the environmental impact of its operations while aligning with the global shift towards a greener future.
