Combined with the recently announced INEOS Inovyn deal in Norway, all of INEOS\u2019 assets in the region are now sup-plied with 100% green power generated from hydroelectric production.
\nThe Rafnes cracker produces ethylene for a wide variety of applications, including the production of low-density polyeth-ylene (LDPE) at the adjacent Bamble site.
\nThese LDPE grades are used to produce essential products such as beverage cartons, medical bottles and food packag-ing seals. By using renewable power, INEOS can reduce the product carbon footprint of a typical LDPE grade by up to 30%.
\nSkagerak Energitjenester CEO, Thomas Peter Jebsen, said: \u201cWe are proud that INEOS Rafnes and Bamble have chosen us as their long-term power supplier of 100% green power. With our joint focus on renewable energy, we want to support INEOS in reaching its renewable energy targets and the wider green transition of Norwegian industry\u201d.
\nThis is the latest renewable power deal agreed by INEOS O&P Europe as part of its plan to reduce greenhouse gas emissions. INEOS is also investing \u20ac4 billion building a new ethane cracker, due to startup in 2026 that will have CO2 emissions of less than 50% of any existing European cracker.
\nRob Ingram, INEOS O&P Europe North CEO, added: \u201cWe are pleased to announce this deal with Skagerak Energitjenes-ter. It marks another important milestone on our way to re-ducing our overall emissions by 33% by 2030. It also shows our continuing focus on developing practical solutions to help our customers deliver on their own commitments to a more sustainable future.\u201d\/ Hydrocarbonengineering
\nPublish Date : 2023\/04\/30<\/p>\n","protected":false},"excerpt":{"rendered":"
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