ESSEN, Germany--(BUSINESS WIRE)--E.ON has entered into a long-term partnership with Dow Benelux to build, own and operate a large gas-fired boiler plant for their largest production site in Europe, located in Terneuzen, the Netherlands. At site, Dow is producing chemical intermediates which are further processed for a variety of products in commercial and industrial business such as packaging, coatings and foams.
The new boiler plant will be able to generate up to 350 tons of steam per hour for the production processes on the Terneuzen site and will be taken into operation by the end of 2019. The highly efficient new boiler plant will add to the existing energy generation units thereby increasing the flexibility of the site’s energy supply. The new boiler plant is equipped with advanced burner technology that can burn both natural gas and gaseous by-products of Dow production processes. Its innovative technical design allows for high ramp-up rates for a stable steam supply at all times.
As the first large decentralised energy solution for a major global industry partner that E.ON will realise in the Netherlands, this project also marks an important step for E.ON in expanding its customer solution business. “Sustainable energy solutions that create value for our business customers are an important strategic pillar for E.ON,” explains Bernd Schumacher, CEO of E.ON Connecting Energies. “We are pleased to form this long-term partnership with Dow and plan to further strengthen our offering in this market.”
“The project with E.ON is also critical for Dow in providing the Terneuzen site with a flexible and cost competitive energy supply solution for the future” says Dick Stobbe, Business Director Energy for Dow in Europe, Middle East, Africa and India as well as the region Asia Pacific.
E.ON is an international investor owned energy supplier, focusing entirely on energy networks, customer solutions and renewables. In the 2015 financial year, more than 40,000 employees from 90 nations generated sales of around EUR 43 billion. Around 33 million customers purchase gas and electricity from E.ON. E.ON Connecting Energies specialises in integrated energy solutions for industrial, commercial and public-sector customers. The company offers bespoke solutions in energy efficiency, on-site generation, virtual power plants, flexibility and battery storage. As an energy partner, E.ON Connecting Energies delivers life-time cost savings as well as lasting reductions in energy consumption and CO2 emissions.
About Dow Benelux
Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from material, polymer, chemical and biological science to help address many of the world's most challenging problems, such as the need for fresh food, safer and more sustainable transportation, clean water, energy efficiency, more durable infrastructure, and increasing agricultural productivity. Dow's integrated, market-driven portfolio delivers a broad range of technology-based products and solutions to customers in 175 countries and in high-growth sectors such as packaging, infrastructure, transportation, consumer care, electronics, and agriculture. In 2016, Dow had annual sales of $48 billion and employed approximately 56,000 people worldwide. The Company's more than 7,000 product families are manufactured at 189 sites in 34 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.
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This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group management and other information currently available to E.ON. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to conform them to future events or developments.