on H&R GmbH & Co. KGaA (isin : DE000A2E4T77)
H&R Secures Funding for CO₂ Reduction Project at Salzbergen
H&R Chemisch-Pharmazeutische Spezialitäten GmbH, a subsidiary of H&R GmbH & Co. KGaA, has received approval for funding by the Federal Ministry of Economics and Climate Protection (BMWK) for a project aimed at reducing CO₂ at their Salzbergen site. The initiative involves the construction and operation of a process furnace powered by electricity, aligning with H&R's "CO₂ Reduction Roadmap". Financial backing is secured through a climate protection agreement, with an official commitment made in Berlin on October 15, 2024.
The project seeks to replace natural gas with electrical energy for heat generation, securing up to 116 million euros for infrastructure and furnace investment. The power-to-heat process is expected to significantly reduce emissions, with compensation for each tonne of CO₂ saved over 15 years. Detlev Wösten, Chief Sustainability Officer, emphasizes its importance for a sustainable and competitive future.
R. H.
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