Tie-ups: BASF/Engie enter biomethane purchase agreement in Europe; Eurosyn in partnership with Hubergroup for Italian market

German chemicals firm BASF and low-carbon energy provider Engie signed a seven-year biomethane purchase agreement, whereby Engie will supply BASF with 2.7 to 3.0 terawatt hours of biomethane throughout the term of the agreement.

BASF uses certified biomethane at its Ludwigshafen/Germany and Antwerp/Belgium sites as a sustainable alternative to fossil raw materials in its manufacturing process. The approach supports the company’s sustainable transformation by reducing its carbon footprint. The biomethane amount is allocated to the end product using a third-party, globally recognised certification scheme, known as the Biomass Balance approach.

With the purchase agreement and usage of biomethane, BASF further expands its product portfolio by offering products with lower or zero Product Carbon Footprints (PCF) to its customers across industries like automotive, packaging and detergents.

Edouard Neviaski, CEO of Engie’s Business Entity ‘Global Energy Management & Sales’ stated: “After entering into the longest-term Power Purchase Agreement ever signed in the European chemical industry in 2021, we are happy to accompany our partner again to take strides on the biomethane side. With a biomethane portfolio steadily growing, this new deal sets us on the right path to achieve our ambition to sell 30 terawatt hours of biomethane per year by 2030. With a strong growth potential, and Europe’s ambition to produce 35 billion cu m by 2030, we believe that it will experience significant growth.”

Biomethane is a renewable gas produced through the fermentation of organic waste from households, agriculture, or industry. It significantly reduces greenhouse gas emissions compared to fossil resources.

In other news, Italian speciality chemicals distributor Eurosyn has entered into a partnership with hubergroup Chemicals, a division of German chemical and ink specialist hubergroup, specialising in the production of raw materials for use in industrial coatings and in printing inks as well as adhesives for flexible food packaging. The company also develops, scales and manufactures customised solutions for the chemical industry.

Hubergroup's Chemicals Division operates two production plants in India, specialising in the manufacture of UV-curable oligomers, polyurethane resins, modified rosin resins, and more.

This strategic collaboration brings together Eurosyn's distribution skills with Hubergroup's expertise in printing ink and coatings raw materials, for Italian customers.

With its wide range of products, Eurosyn demonstrates its competence in distributing raw materials. Eurosyn's diverse product portfolio, coupled with hubergroup's legacy of over 258 years in printing ink manufacturing, creates a powerful synergy that addresses the evolving needs of the industry.

"Eurosyn is the ideal partner for us to bring our resins, colorants, and additives to the Italian market," emphasised Angela Stark, Technical Marketing Manager, and Eike Weckel, Director Business Development Europe from hubergroup Chemicals.

The partnership between Eurosyn and hubergroup Chemicals underscores a shared commitment to customer-centricity. As both companies continue to innovate and evolve, customers can expect a seamless experience and access to cutting-edge solutions for their printing ink and coating needs, add the firms.

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