Innovative Waste Heat to Power (WHP) project to generate renewable energy that covers almost 95% of all onsite electricity needs, expects to eliminate over 12,700 tons of CO2 emissions per year, lessens utility interruptions from voltage trips, and reduces purchased water and chemical consumption
CHICAGO, Aug. 02, 2022 (GLOBE NEWSWIRE) -- PVS Chemicals, Inc. (PVS) is partnering with Energy Systems Group, LLC (ESG), a leading sustainable energy solutions provider and wholly owned subsidiary of CenterPoint Energy, Inc., to significantly improve sustainability at its sulfuric acid plant, located in Chicago, Illinois, by capturing waste steam to generate 2.6 MW of renewable electricity through a steam turbine generator in the new onsite Waste Heat to Power (WHP) Plant. The $14.2 million project, signed in June 2022, will create electricity from waste steam to generate renewable energy that is expected to cover approximately 95% of all plant electricity needs. The project should also eliminate over 12,700 tons of CO2 emissions per year, lessen utility interruptions from voltage trips, and reduce purchased water and chemical consumption.
PVS delivers sustainable chemical product solutions for its suppliers and customers. This project provides a substantial, measurable improvement to the sustainability of the Chicago production facility through generation of electricity from waste steam, which displaces electricity currently produced via fossil fuels. As a result of completing the WHP project, nearly 95% of all electricity consumed at the site is expected to be from an eligible “renewable” resource as defined by State of Illinois legislation. This generated energy also ensures that reliable, high quality sulfuric acid production continues so the plant can consistently meet production targets and demand.
Steam is generated as a result of the exothermic reaction utilized to produce sulfuric acid. Currently, a significant portion of this steam has no beneficial use. The WHP project will instead use the wasted steam to generate power. Using this steam to generate power onsite avoids the purchase of electricity from the grid, which has a high carbon and greenhouse gas (GHG) footprint. In total, PVS expects to reduce its carbon footprint related to electricity by more than 12,700 tons of CO2 per year or a 115% reduction against the current carbon footprint associated with electric power. This expected GHG reduction is equivalent to any of the following:
- 1,452 home annual energy consumption
- 2,484 cars driving for one year
- 1,402,157,854 cell phone charges
- 529,292 mature trees in a forest (almost 30 times the carbon sequestration of Central Park, NYC which contains 18,000 trees)
“This commitment in Chicago is a great example of our approach to business,” said Tim Nicholson, Chief Operating Officer of PVS. “The new installation will take thousands of tons of CO2 out of the air while simultaneously making the facility sustainable for the long term.”
“ESG applauds PVS for their dedication and passion to a cleaner, more sustainable environment,” says Jarrett Simon, Vice President of ESG, Public Sector and Sustainable Infrastructure. “We are truly honored to be a strategic business partner of PVS and provide them with a unique, creative approach to the development and construction of this environmentally beneficial project.”
About PVS Chemicals, Inc.
PVS Chemicals, Inc., founded in Detroit in 1945, has more than 1,400 employees worldwide and has 17 manufacturing plants and several distribution facilities across the U.S., Europe, Canada and Asia. What PVS provides touches everyone in some unique way. That’s why at PVS, Chemistry For Daily Life™ isn’t just a tagline, it’s a promise. PVS is a global manufacturer, distributor, and marketer of high- quality chemicals and provides reliable transportation services to its suppliers and customers. PVS provides sustainable solutions around the world to diverse industries that include electronics, manufacturing, steel, agricultural, fine chemicals, metal finishing, water treatment and food processing. PVS is committed to 100% customer satisfaction and creating a circular economy to maximize the use and reuse of our planet’s resources. For more information, visit www.pvschemicals.com.
About Energy Systems Group, LLC
ENERGY SYSTEMS GROUP®, a wholly owned subsidiary of CenterPoint Energy, Inc., is a leading sustainable energy solutions provider that specializes in energy efficiency, sustainability, resiliency, and infrastructure improvement solutions in the government, education, healthcare, commercial, and industrial sectors. ESG also offers a full range of sustainable infrastructure solutions including waste-to-energy, distributed generation, and renewable energy. To learn more about ESG, visit www.energysystemsgroup.com.
Forward Looking Statement:
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as the timing, cost and scope of the work to be performed and the carbon emission reductions, savings and increased reliability therefrom, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of COVID-19; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; (8) continued disruptions to the global supply chain and increases in commodity prices; (9) legislative decisions, including tax and developments related to the environment such as global climate change, air emissions, carbon and waste water discharges; (10) ESG’s and CenterPoint Energy’s ability to execute on its initiatives, targets and goals and operations and maintenance goals and (11) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, CenterPoint Energy's Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.
Media Contact:
Steven Craig, ESG Vice President, Sales & Marketing
scraig@esg.email
