EUROAPI announces €24 million investment for biomass boiler
EUROAPI said the investment should reduce its CO2 emissions by almost 76% in 2026 compared to 2020, and support the Group’s strategy towards greater energy autonomy. The new generation of equipment will also reduce the amount of energy required for the fermentation process behind the production of vitamin B12.
The design and engineering of the biomass boiler have already been finalised and the construction will start in the coming weeks.
The 17 MW equipment will use waste wood (Grade B), and is expected to produce 140,000 tonnes of steam per year, enabling EUROAPI to cut its yearly fossil fuel CO2 emissions by approximately 20,000 tonnes.
It could also allow the production of green electricity by using cogeneration technology, covering 10% of the needs onsite, and supply local community heating networks.
This investment is a key milestone for EUROAPI, in line with its ambitious ESG roadmap. It has confirmed its target to reduce its CO2 emissions by 30% in 2030 compared to 2020.
This investment benefits from the financial support of €10.4 million from the French Government within the framework of the France Relance plan operated by French Environment and Energy Management Agency.
Karl Rotthier, chief executive officer of EUROAPI, said: “This major investment in Saint-Aubin-lès-Elbeuf will enable us to reduce our gas consumption and to produce 76% of the total site steam with no CO2 emission in 2025.