Given the limitations on the planet’s natural resources, we are shifting from conventional to renewable energy sources, which offers enormous possibilities in reducing our carbon footprint while helping to protect the environment. We are continuously exploring opportunities to replace fossil fuels with renewable energy across our business operations.
Renewable Energy Management
We recognize the importance of clean and affordable energy, which is one of the SDGs established by the UN, and are determined to provide our customers with low-carbon intensity products produced from clean energy generated from renewable sources. Four of our plants, Orion Global Pet in Lithuania, Indorama Ventures Quimica in Spain, Wellman International in Ireland and UTT Technische Textilien in Germany, are using 100% renewable electricity. Indorama Holdings in Lopburi, Thailand, installed a 5MW solar power plant to generate renewable energy. Additionally, solar rooftop projects were constructed at two of our subsidiaries, Avgol in India and IVL Dhunseri Petrochem Industries Private Limited (IDPIPL) – Karnal. These two plants completed a commission phase and began generating electricity from solar energy in 2019. In addition, There are four plants under construction, which are Asia Pet (Thailand) Limited, Indorama Polyester Industries (Nakhon Pathom), Indorama Petrochem (PET), and Indorama Petrochem (PTA).
Total Renewable Energy Consumption
Total Renewable Biomass (GJ)
Total Renewable Biogas (GJ)
Total Renewable Electricity (GJ)
Our use of renewable energy in 2020 is around 1.77 million GJ resulting in saving of 87,227 tCO2e. Our efforts are helping to reduce greenhouse gas emissions (GHGs) and contributing to achieving the UN SDGs.
We are committed to sourcing more electricity from renewable sources and continue to explore ways to improve our energy management. We are reviewing the renewable electricity market, its pricing methodology and exploring the option of offsite Power Purchase Agreements (PPAs) to procure significant amounts of electricity. We are also exploring opportunities to install solar panels on the roofs of some of our plants which exhibit strong potential for solar power.
Innovations in Solar Fencing
UAB Orion Global PET, our subsidiary in Lithuania, installed a solar power plant in place of a fence, which performs the dual functions of marking the boundary and generating 55.82 MWh of electricity per year bringing total solar energy capacity at the site to 390,000 kWh.
Clean and Renewable Electricity Supply from Solar Modules
Indorama Polyester Industries (Nakhon Pathom), Thailand, or IPI – N, a wholly-owned subsidiary of the Company, demonstrated its green credentials by installing photovoltaic modules for captive solar power generation on the roof of their facility. These high efficiency modules have a capacity of 840 kilowatt peak (kWp) and can generate an estimated 1,173 MWh per year. The advantages from this inexhaustible energy source are clear from a financial and environmental perspective, as they provide an annual electricity cost-savings of roughly USD 122,000 with a reduction in CO2 emissions of 560 tCO2e/year. They were installed and started operating in July 2019. Total electricity generated in 2019 was 565,327 kWh which reduced 270 tons of GHG emissions. It reduced energy consumption from other conventional sources by 2,035 GJ and contributed to electricity cost-savings of USD 58,788. IPI – N’s photovoltaic modules are an important step in reducing utility costs and greenhouse gas emissions.
Entreprise Indorama PTA Montréal in Canada reduces GHGs by installing a unit to vaporize biogas
Entreprise Indorama PTA Montréal, our wholly-owned subsidiary in Canada, was a North American biogas recovery pioneer in 2009 having installed a unit to vaporize biogas, thus reducing GHGs. The unit, composed of a compressor, a gas dryer and a gas train/burner, successfully began replacing natural gas in a furnace. The biogas was generated by the treatment of its effluent in an anaerobic bioreactor and contains 70-75% methane with a low amount of contaminants and can thus replace natural gas. In 2015, the plant installed a unit to treat one of its upstream effluents to meet a new regulation that had the positive side effect of increasing the bioreactor’s efficiency thereby increasing the available flow of biogas. With the increase in the bioreactor’s efficiency, biogas production was higher than the capacity of the recovery unit, which needed to be upgraded to take full advantage of the additional biogas. In 2018, a new biogas compressor, a H2S removal unit and burner were added. With the new equipment now online, recovery is already higher than the former unit. A total of 1,218,000 Nm3/yr of natural gas is expected to be replaced by new biogas generating an annual reduction in GHG emissions of 2,300 tCO2e.