Potential offtaker

RETAL

Estimated electricity consumption

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Countries of production presence

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RETAL is a leading global provider of sustainable packaging solutions, with a strong commitment to decarbonisation and the use of renewable energy. The company is headquartered in Cyprus, with operations in Europe, Asia, and the Americas.

As a responsible corporate citizen, RETAL is fully committed to reducing its carbon footprint and promoting sustainable practices across its operations. The company has set ambitious targets to reduce its greenhouse gas emissions and increase the use of renewable energy sources in its manufacturing processes.

One of the key initiatives that RETAL has undertaken to achieve its decarbonisation goals is the implementation of a corporate energy strategy. This strategy focuses on reducing energy consumption, improving energy efficiency, and increasing the use of renewable energy sources in RETAL's operations.

To achieve these goals, RETAL has invested in a range of renewable energy technologies, including solar, wind, and biomass. The company has also implemented a range of energy-saving measures, such as the installation of energy-efficient lighting and the optimisation of production processes.

Another important initiative that RETAL has undertaken to promote sustainable practices is the adoption of corporate power purchase agreements (PPAs). These agreements enable RETAL to purchase renewable energy directly from energy generators, such as wind and solar farms, at a fixed price over a long-term period.

By entering into these agreements, RETAL is able to secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector. PPAs also provide RETAL with greater control over its energy costs, which can be a significant expense for manufacturing companies.

In addition to its focus on decarbonisation and renewable energy, RETAL is also committed to promoting sustainability across its entire value chain. The company works closely with its suppliers and customers to ensure that its products are manufactured and used in an environmentally responsible manner.

RETAL's sustainable packaging solutions are designed to minimise waste and reduce the environmental impact of packaging. The company's products are made from a range of materials, including PET, PP, and HDPE, which are all fully recyclable.

RETAL's commitment to sustainability has been recognised by a range of industry bodies and organisations. The company has received numerous awards for its environmental and social initiatives, including the European Business Awards for the Environment and the Responsible Care Awards.

In conclusion, RETAL is a leading global provider of sustainable packaging solutions, with a strong commitment to decarbonisation, corporate energy, corporate PPA, and renewable energy. The company's focus on sustainability is evident across its entire value chain, from its manufacturing processes to its products and partnerships with suppliers and customers. RETAL's commitment to sustainability is not only good for the environment but also for its business, as it enables the company to reduce costs, increase efficiency, and enhance its reputation as a responsible corporate citizen.