INEOS running all Norwegian plastics plants on renewable energy

Company signs renewable energy deal with Skagerak Energitjenester

Europe’s third largest polyolefins producer, INEOS Olefins & Polymer, will now be running all of its plants in Norway on renewable energy.

The company has signed a renewable power purchase agreement with recently-formed energy supplier Skagerak Energitjenester to provide 100% green energy to its Rafnes and Bamble operations.

The Rafnes plant produces ethylene for a variety of applications, including the production of low-density polyethylene (LDPE) at the adjacent Bamble site.

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These LDPE grades are used to produce products such as beverage cartons, medical bottles and food packaging seals. 

By using renewable power, INEOS says it can reduce the product carbon footprint of a typical LDPE grade by up to 30%.

Skagerak Energitjenester chief executive Thomas Peter Jebsen said: “We want to support INEOS in reaching its renewable energy targets and the wider green transition of Norwegian industry.”

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This is the latest renewable power deal agreed by INEOS O&P Europe as part of a plan to reduce its greenhouse gas emissions.

INEOS is investing €4 billion in a new ethane cracker – the type of plant which performs the first step of turning ethane in plastics – which is due to start operating in 2026 and is expected to have CO² emissions of less than 50% of any existing European cracker. 

Rob Ingram, chief executive of INEOS O&P Europe North, said the Skagerak Energitjenester deal “marks another important milestone on our way to reducing 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”.

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