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Company News

Covestro Sites Transition to Renewable Electricity

Covestro.png
February 18, 2025

Covestro announced that four of its U.S. production sites are now powered entirely by renewable electricity, marking a major step toward the company’s goal of climate-neutral production by 2035. The transition was made possible through a virtual power purchase agreement (vPPA) with Ørsted, providing 90 megawatts of renewable energy capacity and reducing approximately 90,000 tons of CO2 emissions annually.

The company’s sites in Channelview, Texas; South Deerfield, Massachusetts; New Martinsville, West Virginia; and Pittsburgh, Pennsylvania, have reached net-zero Scope 2 electricity emissions. The South Deerfield, New Martinsville, and Pittsburgh locations have achieved complete net-zero Scope 2 emissions, while remaining certificates have been applied to Covestro’s Baytown, Texas, facility.

“Even in a persistently challenging market environment, we are working toward our goal of climate-neutral production by 2035,” said Thorsten Dreier, Covestro’s chief technology officer. “By leveraging renewable energy, we're not just reducing our carbon footprint—we're actively shaping a brighter future for our industry.”

Samir Hifri, chairman and president of Covestro LLC, highlighted the significance of the company’s sustainability initiatives. “Our partnership with Ørsted is a prime example of how collaboration and innovation can drive meaningful change in our industry,” he said. “We’re proud to be at the forefront of sustainable practices in the chemical sector and look forward to continuing to execute our strategy for sustainable growth in the U.S.”

This milestone follows Covestro’s recent investments in multiple U.S. sites, further reinforcing the company’s commitment to sustainability and expansion in the North American market.

KEYWORDS: emissions renewable energy solar energy Sustainability in Coatings

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