Renewable chemical production

Covestro reports that a third of its chemicals supplied to Lanxess are now supplied using hydropower energy.

This includes chlorine, caustic soda and hydrogen from its sites in Germany, Covestro said.

"Covestro is pursuing the goal of completely converting its production to electricity from renewable sources on its path to operational climate neutrality in 2035," said Dr Klaus Schäfer, CTO. " In cooperation with Lanxess, we use energy in our electrolysis plants in North Rhine-Westphalia on a pro-rata basis, which enables us to reduce our reported emissions by up to 120,000 metric tons of CO₂ per year."

"The joint project with Covestro is an important building block in making our entire value chain climate neutral,” added Dr Hubert Fink, member of the Lanxess board of management. “By sourcing raw materials for these products with a significantly reduced carbon footprint, we will be able to reduce our reported indirect emissions by up to 120,000 metric tons of CO₂ equivalents per year."