PepsiCo to make Cheetos and Lay's chips using Dutch green electricity
Reuters
Published Oct 07, 2022 04:10PM ET
AMSTERDAM (Reuters) - PepsiCo (NASDAQ:PEP) on Friday announced plans to phase out use of natural gas at a factory in the Netherlands and adopt a system based on renewable electricity to make its deep fried snacks in an industry first that Pepsi says could become a template.
The project in the Dutch town of Broek op Langedijk, where Pepsi makes 1.6 million bags of Lay's and Cheetos crisps annually, will replace 4.5 million cubic meters of gas annually, saving 8,500 tonnes of carbon dioxide emissions.
Reducing natural gas usage has become a priority in the Netherlands as Russia has cut supplies to Europe and gas prices have quintupled.
The system uses an electrical resistance heater to turn electricity into heat, a heat storage system, and heat transfer to circulate the thermal oil that powers the factory's fryers.
This will replace one 25 megawatt gas-fired boiler at the factory in the first phase, cutting emissions in half.
"If this works, we can replicate it in other locations all around the world," Pepsi spokesman Japo Ouwerkerk said.
Dutch energy company Eneco, owned by Mitsubishi, is supplying electricity from nearby solar and wind farms. Germany's Kraftblock makes the heat storage system.
Construction in Broek op Langedijk, 90 kilometres north of Amsterdam, is scheduled to be completed by the end of 2023.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.