Media Release

Nouryon signs its first power purchase agreement for an onsite solar project in the US

25 May 2023 - News

Nouryon, a global specialty chemicals leader, announced today that it has signed a 30-year power purchase agreement (PPA) with Convergent Energy and Power to supply 2-megawatt (MW) of solar power to Nouryon’s manufacturing site in Morris, IL, US. The onsite solar field is expected to be operational in the second half of 2024.

“We are pleased to sign our first onsite PPA in the US as part of our commitment to reduce our greenhouse gas emissions,” said Eduardo Nardinelli, Senior Vice President, South America & Global Carbon Business Leader. “We view this agreement as another step towards increasing our renewable energy footprint.”

Nouryon aims to reduce its absolute Scopes 1 and 2 greenhouse gas emissions by 40% by 2030 compared to 2019 and aspires to be a net-zero organization by 2050. More information on the Company’s sustainability progress can be found in the full report, the ESG fact sheet and dedicated Sustainability section of the Company website. 

About Nouryon

Nouryon is a global, specialty chemicals leader. Markets and consumers worldwide rely on our essential solutions to manufacture everyday products, such as personal care, cleaning goods, paints and coatings, agriculture and food, pharmaceuticals, and building products. Furthermore, the dedication of approximately 8,200 employees with a shared commitment to our customers, business growth, safety, sustainability and innovation has resulted in a consistently strong financial performance. We operate in over 80 countries around the world with a portfolio of industry-leading brands.

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