Statkraft and INEOS ChlorVinyls enter into long-term power agreement
(Thomson Reuters ONE) -
(Oslo, 4 May 2011) - Statkraft has entered into a new long-term power agreement
with petrochemical company INEOS ChlorVinyls.
Today Statkraft signed a new long-term power agreement with petrochemical
company INEOS ChlorVinyls in Grenland, Telemark. The agreement comprises a total
volume of 10.5 TWh (875 GWh/year) over the next 12 years, starting on May
15, 2011.
"We are very pleased to have reached this agreement with Statkraft. The
agreement will be key to our ongoing competitiveness and gives us a sound and
predictable basis for the future development of our business", says Nils Eirik
Stamland, Site Manager for Ineos ChlorVinyls operations across Grenland.
"The power-intensive industry is an important customer to Statkraft, and the
increasing number of new long-term agreements shows that we are able to fulfil
our ambitions," says President and CEO Christian Rynning-Tønnesen of Statkraft.
Statkraft is a main energy supplier to the industry, and delivers a volume of
more than 20 TWh annually to the Norwegian and Nordic power-intensive industry.
These deliveries currently comprise about one third of the Statkraft Group's
total energy generation.
Press Contacts:
Spokesperson Knut Fjerdingstad, Statkraft AS
+47 24 06 71 61 / +47 901 86 310
Marit Nes, Communcations Manager , INEOS Norge
+47 3500 6459 / +47 97023146
About Statkraft:
Statkraft is Europe's leader in renewable energy. The Group develops and
produces hydropower, wind power, gas power and district heating, and is a major
player on the European energy exchanges. Statkraft has 3,300 staff in more than
20 countries.
About INEOS ChlorVinyls:
INEOS ChlorVinyls is one of the major chlor-alkali producers in Europe, a global
leader in chlorine derivatives and Europe's largest PVC manufacturer. The
Company operates strategically located sites in the UK, Norway, Sweden and
Germany.
INEOS ChlorVinyls operates two production sites in the Grenland region of
Telemark, Norway. Its PVC plant is located on the Heroya industrial site in
Porsgrunn, whilst its chlorine and VCM plants are located at Rafnes, Bamble.
INEOS ChlorVinyls is the only PVC producer in Norway. The Company employs about
350 people in Norway, and approximately 2,000 in the rest of Europe.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act).
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Statkraft via Thomson Reuters ONE
[HUG#1512395]
Unternehmensinformation / Kurzprofil:
Datum: 04.05.2011 - 15:21 Uhr
Sprache: Deutsch
News-ID 54242
Anzahl Zeichen: 3266
contact information:
Town:
Oslo
Kategorie:
Business News
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"Statkraft and INEOS ChlorVinyls enter into long-term power agreement"
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