14 June 2013 16:43 [Source: ICIS news]
LONDON (ICIS)--Merck KGaA has started up a new combined heat and power plant at its site in Gernsheim, near Ludwigshafen, Germany, the German specialty chemicals and pharmaceuticals firm said on Friday.
Merck said that the 4MW natural gas-based plant will supply about half of the site’s electricity needs.
The €6m ($8m) plant will reduce Merck’s exposure to "rising risks" in the public electricity sector, and it will help the company to lower its carbon dioxide emissions at the site, it added.
Earlier this week, Merck CEO Karl-Ludwig Kley said that ensuring reliable and affordable power supplies were among the key challenges facing the country’s political leaders. Kley is also president of Germany’s chemical industry trade group VCI.
($1 = €0.75)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections