Our focus on energy is consistent with our corporate strategy to generate value through efficiency and optimization.
We understand that improved energy efficiency delivers both direct and indirect emission reduction and economic benefits. Our manufacturing processes are heavily dependent on energy, and we are committed to continuously looking for ways to advance toward our goal of reducing our overall energy intensity by reducing our consumption and harnessing waste energy often lost in our processes.
Our work focuses on new innovations in equipment, process technologies, and waste heat recovery and utilization as our primary levers to help us achieve efficiency improvements while also considering alternative energy sources to reduce our reliance on fossil fuels. In 2019, we added a new energy goal designed to measure our performance in capturing waste heat and converting it to beneficial uses for our partners as a byproduct of our manufacturing processes and as a way to help us reduce the energy we purchase outside of our raw materials. Our new goal is to capture and sell 200% of the energy we purchase through converting what is now wasted energy into useful byproducts, which reduces the reliance on fossil fuels and reduces greenhouse gas emissions.
Franklin, Louisiana Energy Center
In August 2019, Cabot and our partner CLECO, celebrated the startup of a new waste heat recovery boiler and steam turbine generator in Franklin, Louisiana USA.
The 50-megawatt capacity St. Mary’s Energy Center makes beneficial use of Cabot’s waste heat to produce power without creating any additional emissions. Using this technology to substitute waste heat for fossil fuel for electricity generation, the people of Louisiana will see a reduction of 110 tons per year of NOx and 180 tons per year of SO2 emissions, along with a reduction of 167,000 tons of greenhouse gas emissions.