REG - Compagnie St-Gobain - New plant in Norway

Compagnie de Saint Gobain SAAnnouncement

06/04/2023 17:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230406:nRSF6953Va&default-theme=true

RNS Number : 6953V  Compagnie de Saint-Gobain  06 April 2023

 

 

 

 

 

THE WORLD'S FIRST ZERO CARBON PLASTERBOARD PRODUCTION HAS BEGUN IN NORWAY

 

Saint-Gobain has announced the start of 100% decarbonized production of
plasterboard at its Fredrikstad plant in Norway. The decarbonization of the
manufacturing process was made possible by switching from natural gas to
hydroelectric power, thus avoiding 23,000 tons of CO(2) emissions per year.

 

Thanks to the modernization of the plant, improved heat recovery and process
efficiency, the energy consumption of the site has been reduced by 30%.

 

The work carried out has also enabled the plant's production capacity to be
increased by 40%. This reinforces the Group's leading position in light
construction in Norway, while meeting the strong demand for sustainable
solutions to reduce the carbon footprint of buildings.

 

This world first will enable Saint-Gobain to launch a full range of
plasterboard products with the lowest carbon footprint on the market in 2023.

 

This investment of more than €25 million included a €7 million subsidy
from the Norwegian state enterprise Enova.

 

This initiative is a clear manifestation of Saint-Gobain's commitment to
reduce its scope 1 and 2 CO(2) emissions by 33% by 2030 compared to 2017,
with a commitment to becoming carbon neutral by 2050.

 

 

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs,
manufactures

and distributes materials and services for the construction and industrial
markets. Its integrated solutions for the renovation of public and private
buildings, light construction and the decarbonization

of construction and industry are developed through a continuous innovation
process and provide sustainability and performance. The Group's commitment is
guided by its purpose,

"MAKING THE WORLD A BETTER HOME".

€51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

 

For more information about Saint-Gobain,

visit www.saint-gobain.com and follow us on Twitter @saintgobain

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCUPUCUCUPWGQQ