Arkema Signs a New Biomethane Supply Agreement With ENGIE
ARKEMA S/ADR (ARKAY)
NASDAQ:AMEX Investor Relations:
arkema.com/en/investor-relations
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Source: Business Wire
PARIS LA DÉFENSE--(BUSINESS WIRE)--Regulatory News:Arkema (Paris:AKE) continues its transformation towards a more sustainable industrial model with the signing of a new, eight-year contract with ENGIE for the supply of biomethane for several Bostik sites in France.This 25 GWh/year contract will cover some 85% of the annual gas consumption of four Bostik sites in France (Coubert, Privas, Ribécourt and Venette), a notable step forward in the decarbonization of the company’s energy supply.This latest agreement is in line with the long-term contract signed with ENGIE in early 2023 for the supply of 300 GWh/year of biomethane in France.“This contract marks a strategic step forward in our energy transition. It illustrates our commitment to taking concrete action to reduce our carbon footprint and support our customers in their own decarbonization journey” stated Vincent Legros, Executive Vice President of the Adhesives Solutions segment (Bostik)."This second Biomethane Purchase Agreemen
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