- Date : 24/09/2024
- Source : Press Release
Henkel India Partners with CleanMax to accelerate transition to carbon-neutral manufacturing processes
Mumbai, India: Henkel Adhesives Technologies India Private Limited (Henkel India) has
partnered with CleanMax (a Brookfield-backed company) to achieve its goal of reducing
absolute emissions in its operations. This partnership is a significant step to boost solar power
utilization resulting in additional annual CO2 savings of over 4500 tonnes in the company’s
Kurkumbh and Thane manufacturing sites. This is equivalent to planting about 300,000 trees
annually.
A Single User Group Captive Solar Power Purchase Agreement (PPA) has been formalized
between Henkel India and CleanMax. The captive power project is being set up in a solar farm
located in Maharashtra, to be owned and operated by CleanMax. The partnership between the
entities is rooted in a shared commitment to sustainable energy usage.