Arkema Signs a New Biomethane Supply Agreement With ENGIE [Yahoo! Finance]
ARKEMA S/ADR (ARKAY)
NASDAQ:AMEX Investor Relations:
arkema.com/en/investor-relations
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Source: Yahoo! Finance
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 Agreement (BPA) signed between ARKEMA and ENGIE con
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