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Stock impact report

BASF Unit Switches to 100% Renewable Electricity at Blackman Township [Yahoo! Finance]

Methanex Corporation (MEOH) 
Last methanex corporation earnings: 1/29 05:01 pm Check Earnings Report
US:NASDAQ Investor Relations: methanex.com/investor-relations
Company Research Source: Yahoo! Finance
2 min read In This Article BAS.DE BASF SE 's BASFY Coatings Division's Surface Treatment global business unit, Chemetall, has switched its electricity supply to 100% renewable electricity in Blackman Township production site in Jackson County, MI. BASF Renewable Energy will provide the same by generating it from renewable resources, including solar and wind energy. This is expected to reduce 950 tons of CO2 emissions in 2025. This move shows Chemetall's commitment to sustainability by using renewable electricity sources in its 16 production facilities worldwide. Chemetall will cover roughly 2,500 MWh requirement in Blackman Township through Virtual Power Purchase Agreements with BASF Renewable Energy. The unit will annually review its green electricity agreement with BASF Renewable Energy. This effort will not just enhance the sustainability of operations but also help its customers achieve their specific sustainability goals. BASFY stock has gained 4.4% in the past year Show less Read more
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