Air Products Signs 10-Year Deal with Eneco to Boost Sustainability Efforts in the Netherlands
Air Products, a leading provider of industrial gases, has recently made a significant commitment to sustainability in the Netherlands. The company has entered into a 10-year Power Purchase Agreement (PPA) with Eneco, a major renewable energy player, to source the majority of its energy for liquid nitrogen and oxygen production from the Vlagtwedde Solar PV farm.
This bold move is expected to have a profound impact on reducing emissions, equivalent to the carbon footprint of approximately 45,000 households over the duration of the contract. By shifting to a key renewable energy source, Air Products is firmly positioning itself as a champion of sustainability.
The 10-year PPA is just one part of Air Products’ larger sustainability agenda in the Netherlands. The company is also planning Europe’s largest blue hydrogen facility, a renewable energy import terminal in the Port of Rotterdam, and a green hydrogen truck refueling station. These initiatives reflect Air Products’ commitment to creating a sustainable future and reducing its carbon footprint.
Harco van den Berg, Air Products’ Business Manager Benelux, highlighted the PPA as a significant milestone in the company’s sustainability journey. He stated, “This agreement is a crucial step towards achieving our sustainability goals and further supports our commitment to providing clean and reliable energy solutions.”
Dick Velings, Eneco’s B2B Director, also expressed enthusiasm about the partnership and emphasized the importance of sustainable power generation in achieving climate neutrality. He stated, “We are excited to be working with Air Products and helping them on their path towards greater sustainability. Together, we can make a real difference in reducing emissions and building a brighter future.”
Air Products, with its extensive experience of over 80 years in serving various markets including energy and environmental sectors, is well-equipped to drive this ambitious sustainability agenda forward. With the support of Eneco, this partnership is set to make a positive impact on sustainability efforts in the Netherlands and beyond.
Analyst comment
Positive news.
As an analyst, I predict that Air Products’ partnership with Eneco and their commitment to sustainability will strengthen their position in the market. This move will likely attract environmentally conscious customers and investors, leading to increased demand for their products and overall market growth.
