Potential offtaker

Synthomer plc

www.synthomer.com

Estimated electricity consumption

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Countries of production presence

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Synthomer plc is a leading global supplier of specialty chemicals based in the United Kingdom. The company operates in the Specialty Chemicals sector and provides a wide range of products to various industries, including coatings, construction, textiles, paper, and adhesives. With a strong focus on sustainability, Synthomer plc is committed to reducing its carbon footprint and promoting decarbonisation across its operations.

Corporate Energy

Synthomer plc has a comprehensive Corporate Energy strategy that aims to reduce its energy consumption, increase energy efficiency, and promote the use of renewable energy sources. The company has set ambitious targets to reduce its carbon emissions by 50% by 2030 and achieve net-zero emissions by 2050. To achieve these targets, Synthomer plc has implemented a range of energy-saving measures across its operations, including the use of energy-efficient equipment, process improvements, and the adoption of renewable energy sources.

Corporate PPA

One of the key initiatives of Synthomer plc's Corporate Energy strategy is the adoption of Corporate Power Purchase Agreements (PPAs). These agreements enable the company to purchase renewable energy directly from a generator, providing a stable and predictable source of renewable energy. Synthomer plc has signed several Corporate PPAs with renewable energy generators across Europe, including wind and solar power plants. These agreements have helped the company to reduce its carbon emissions and promote the growth of renewable energy sources.

Renewable Energy

Synthomer plc is committed to promoting the use of renewable energy sources across its operations. The company has set a target to source 100% of its electricity from renewable sources by 2025. To achieve this target, Synthomer plc has invested in renewable energy projects, including wind and solar power plants. The company has also implemented energy-saving measures across its operations, such as the use of LED lighting and the installation of energy-efficient equipment.

Decarbonisation

Synthomer plc is committed to reducing its carbon footprint and promoting decarbonisation across its operations. The company has set ambitious targets to reduce its carbon emissions by 50% by 2030 and achieve net-zero emissions by 2050. To achieve these targets, Synthomer plc has implemented a range of energy-saving measures across its operations, including the use of energy-efficient equipment, process improvements, and the adoption of renewable energy sources. The company has also invested in decarbonisation technologies, such as carbon capture and storage, to further reduce its carbon footprint.

In conclusion, Synthomer plc is a leading global supplier of specialty chemicals based in the United Kingdom. The company operates in the Specialty Chemicals sector and provides a wide range of products to various industries, including coatings, construction, textiles, paper, and adhesives. With a strong focus on sustainability, Synthomer plc is committed to reducing its carbon footprint and promoting decarbonisation across its operations. The company has implemented a range of energy-saving measures, adopted renewable energy sources, and invested in decarbonisation technologies to achieve its ambitious targets. Synthomer plc's Corporate Energy strategy, including the adoption of Corporate PPAs, has helped the company to reduce its carbon emissions and promote the growth of renewable energy sources.

✓ Science Based Targets member
✓ Declared Net Zero commitment