Decarbonization Lanxess Enters into Contract with Verbund for Supply of Green Electricity

Source: Press release Lanxess 1 min Reading Time

Under a contract signed between Verbund and Lanxess, Verbund will supply a total of around 200,000 MWh of green electricity to Lanxess from its existing hydroelectric power plants on the Inn River in Bavaria, Germany.

Verbund's hydropower plant in Toeging, Germany. (Source:  Verbund/Johannes Wiedl)
Verbund's hydropower plant in Toeging, Germany.
(Source: Verbund/Johannes Wiedl)

Cologne/Germany –Lanxess and Verbund have signed a contract for the supply of green electricity for the next three years. The agreement ensures a fully sustainable electricity supply with Bavarian hydropower for Lanxess’ German production sites in Bergkamen, Bitterfeld, Brunsbüttel, Mannheim and Wietmarschen.

Verbund will supply Lanxess from 2026 to 2028 with a total of around 200,000 MWh of green electricity from existing hydroelectric power plants on the Inn River in Bavaria, Germany. Compared to the German electricity mix, this means around 60,000 tons less CO2. Thus, Lanxess is reducing its carbon footprint and that of its products from these sites—another step on the company’s path to becoming climate-neutral in production by 2040.

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“Our production facilities operate 24/7, so we need electricity day and night. Verbund’s hydropower plants can guarantee this. At the same time, they support us on our path to climate neutrality,” explains Alexander Sonnenberg, Head of Energy Procurement at Lanxess, the collaboration.

Andreas Lanz, Center Manager Industrial Customers at Verbund Energy4Business, is delighted about the cooperation: “The growing demand for sustainable electricity is a clear trend and a prerequisite for greater climate protection, security of supply and reliability. With the Verbund Climate Transition Plan, a clearly defined path to reducing greenhouse gas emissions with the goal of achieving net-zero greenhouse gas emissions by 2050, we are pursuing a science-based reduction path and supporting industrial companies in reducing their carbon footprint and achieving their climate goals with our green electricity solutions.”

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