Nippon Shokubai : Indonesian Subsidiary Enters into Purchase Agreement for Electricity Derived from Renewable Energy and Installs Solar Power Generation System -Toward Carbon Neutrality by 2050
November 29, 2023 at 08:08 pm EST
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Indonesian Subsidiary Enters into Purchase Agreement for Electricity Derived from Renewable Energy and Installs Solar Power Generation System -Toward Carbon Neutrality by 2050 -
2023.11.30
Management and Business
Sustainability
In October 2023, PT. NIPPON SHOKUBAI INDONESIA (hereinafter "NSI"), the Indonesian subsidiary of NIPPON SHOKUBAI CO., LTD. (Headquarters: Osaka, Japan, President: Kazuhiro Noda, hereinafter "Nippon Shokubai"), entered into an agreement to purchase renewable energy certificates issued by Perusahaan Listrik Negara (the Indonesian state-operated electricity company; hereinafter "PLN") for 100% of the electricity purchased by NSI. This will enable an annual reduction of 48,000 t-CO2, and is expected to result in an about 24% reduction in NSI's overall CO2 emissions.
In addition, as part of its efforts to promote the use of renewable energy, NSI installed a solar power generation system in October 2023, with the goal of replacing 96,500 kWh of electricity annually with solar power generation. This will enable an annual reduction of 84 t-CO2. On top of that, in the event of an emergency, the power generated by this system can be used as backup power for emergency power supply equipment.
The Nippon Shokubai Group has set forth Strategic Transformation for Environmental Initiatives in our long-term vision "TechnoAmenity for the future" as we work to achieve carbon neutrality by 2050, and this initiative is an aspect of that measure. The Nippon Shokubai Group will continue to provide the materials and solutions that people and society require, while enhancing the value offered to customers and contributing to the realization of a sustainable society.
◆ NSI Profile
Established
August 1996
Location
Cilegon, Banten Province, Republic of Indonesia (head office and plant)
Representative
Shinichiro Yoshimoto
Description of business
Manufacture and sale of acrylic acid, acrylic acid esters, and superabsorbent polymers
Capital
120 million USD (paid-in capital) 99.9% contributed by Nippon Shokubai
Number of employees
442 (As of the end of March 2023)
Website
https://shokubai.co.id/en/index.html
Indonesian Subsidiary Enters into Purchase Agreement for Electricity Derived from Renewable Energy and Installs Solar Power Generation System -Toward Carbon Neutrality by 2050 -
Nippon Shokubai Co. Ltd. published this content on 30 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2023 01:07:14 UTC.
NIPPON SHOKUBAI CO., LTD. is engaged in the manufacture and sale of chemicals. The Company has three business segments. The Basic Chemical segment manufactures and sells acrylic acid, acrylic acid ester, ethylene oxide, ethylene glycol, ethanolamine, and glycol ethers. The Functional Chemical segment is involved in the manufacture and sale of water-absorbing resins, medical intermediates, polymers for concrete admixtures, electronic information materials, iodine, maleic anhydrides, adhesives, resins for coating materials, resin molding products and processed adhesive products. The Environmental and Catalytic segment manufactures and sells automobile catalysts, nitrogen oxide (NOx) removal catalysts, process catalysts and others.
Nippon Shokubai : Indonesian Subsidiary Enters into Purchase Agreement for Electricity Derived from Renewable Energy and Installs Solar Power Generation System -Toward Carbon Neutrality by 2050
NIPPON SHOKUBAI CO., LTD. 
