EUROAPI invests to build a biomass boiler in France

EUROAPI initiates a €24M investment for the construction of a state-of-the-art biomass boiler at its Saint-Aubin-lès-Elbeuf (Seine-Maritime, France) site that is planned to be activated in 2025. This investment should enable EUROAPI to support the site’s vitamin B12 production capacity increase program, reduce its CO2 emissions by almost 76% in 2026, and support the Group’s strategy towards greater energy autonomy. The design and engineering of the biomass boiler have already been finalized and the construction will start in the coming weeks. This 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. It confirms its target to reduce its CO2 emissions by 30% in 2030. In the context of inflation and rising energy prices, this project well illustrates EUROAPI’s strategy towards greater energy autonomy.

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