SEKISUI CHEMICAL CO., LTD. (President: Keita Kato; hereinafter “SEKISUI CHEMICAL”) announced that the raw material resin plant in the Netherlands of its wholly owned subsidiary SEKISUI S-LEC B.V., which manufactures and sells interlayer film for laminated glass, has shifted to renewable energy sources for 100% of electricity purchased by the plant in 2022.
Exterior view of raw material plant in the Netherlands
1. Background and Chronology
The SEKISUI CHEMICAL Group has adopted “Innovation for the Earth” as its vision statement in the Group’s long-term vision, “Vision 2030,” declaring that “In order to realize sustainable society, we support the basis of LIFE and will continue to create ‘peace of mind for the future.’” The Group is focusing on ESG management, with the aim of accomplishing both realization of a sustainable society and the profitable growth of the SEKISUI CHEMICAL Group.
Climate change, which is seen as a key issue in ESG management, is both a major social issue, and at the same time, it is recognized as a major risk for the Group. In recent years, the Group is accelerating initiatives to address climate change.
As of December 31, 2021, there are 18 facilities in Japan and overseas which have shifted to electricity that is 100% derived from renewable energy sources. The Group aims to shift to renewable energy sources for 100% of the electricity purchased by all Group production sites from external sources by 2030.
2. Regarding Initiative to Switch to Renewable Energy in Interlayer Film Business
Interlayer films for laminated glass are used in automotive and construction glazing and serve to prevent glass from penetrating or scattering in the event of an accident, as well as shielding against ultraviolet rays. In addition to these basic functions, SEKISUI CHEMICAL’s interlayer film provides sound insulation, thermal insulation, and HUD compatibility. The company focuses on the development and sales of high-performance interlayer film added with such functions, and the interlayer film business is a core business of its Mobility field.
In the environmental aspect, interlayer films for sound and thermal insulation contribute toward improving fuel and electricity consumption. Interlayer film for sound insulation helps to make vehicles lighter by reducing the thickness of glass, while interlayer film for thermal insulation improves air conditioning efficiency by suppressing temperature rise within vehicles.
Besides reducing environmental impact through such products, decarbonization initiatives have also been actively implemented at production sites of the interlayer film business, including the installation of solar power generators at five out of the seven plants worldwide to cover part of these plants’ energy consumption.
3. Overview of Shift to Renewable Energy Sources for 100% of Purchased Electricity
The interlayer film business has started to implement decarbonization initiatives for glass manufacturers—its main customers—and Europe, where there is strong social demand for decarbonization. The business aims to achieve green energy procurement globally.
The film production plant of SEKISUI S-LEC B.V. took the lead in this initiative, achieving the shift to renewable energy sources for 100% of purchased electricity in April 2020. With the shift to renewable energy sources for purchased electricity this time at the raw material plant in the Netherlands, SEKISUI S-LEC B.V. has achieved the shift to renewable energy sources for 100% of purchased electricity at all its plants.
By contributing to the resolution of climate change issues, the SEKISUI CHEMICAL Group will convert major risks into opportunities, aim to realize a sustainable society, and grow as a sustainable company. To build a decarbonized society, the Group intends to shift to renewable energy sources for 100% of purchased electricity by fiscal 2030, and aims to achieve zero greenhouse gas emission by fiscal 2050 for all energy used in business activities, including that produced by cogeneration systems.
Reference: Overview of SEKISUI S-LEC B.V.
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Location |
Metaalweg 5, Roermond 6045, The Netherlands |
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Establishment |
February 1996 |
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Paid-up Capital |
11,345,000 EUR |
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Representative |
President Naoya Nishimoto |
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Lines of business |
Manufacture and sales of interlayer film |
About SEKISUI CHEMICAL Group
Headquartered in Japan, SEKISUI CHEMICAL CO., LTD. (TSE: 4204) and its subsidiaries make up the SEKISUI CHEMICAL Group. 27,000 employees in over 200 companies throughout 21 countries aim to contribute to improving the lives of the people of the world and the earth’s environment. Thanks to a history of innovation, dedication and a pioneering spirit, SEKISUI CHEMICAL now holds leading positions in its three diverse business divisions as well as top global market share in interlayer film, foam products, conductive particles and more.
Since its foundation in 1947, the SEKISUI CHEMICAL Group has dedicated itself to social and environmental contribution and is now an internationally recognized leader in sustainability and environmental initiatives, having recently been selected as one of the Global 100 most sustainable companies. SEKISUI CHEMICAL Group will continue to maintain a strong corporate presence for 100 years and beyond.
Disclaimer
This press release may contain forward-looking statements. Such forward-looking statements are based on current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements due to changes in global economic, business, competitive market and regulatory factors.