By Joshua Kirby

BASF SE said Wednesday that it has signed a two-year contract to purchase solely renewable energy to power its mobile emissions catalysts plant in Sroda Slaska in Poland.

The German chemicals company's Polish business struck the deal with PGE Obrot, a subsidiary of PGE Polska Grupa Energetyczna SA.

The contract will help BASF in its objective of attaining climate neutrality by 2050, said Katarzyna Byczkowska, BASF Polska's managing director. The company didn't reveal any financial details of the contract.

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

(END) Dow Jones Newswires

August 25, 2021 05:12 ET (09:12 GMT)

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