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Renova Teams Up with BASF for Sustainable Construction Project in Russia

BASF and Renova Stroygroup today announced a strategic partnership for energy-efficient construction in Ekaterinburg. Renova Stroygroup plans to construct housing for around 325,000 people with the aid of energy-efficient BASF construction materials and expertise in the new city district of Akademitscheskij Rayon, one of Europe's largest building sites.

"BASF is a global market leader in the manufacture of products and system solutions for sustainable construction, we now prove this within our cooperation with Renova,” said Dr. Jürgen Hambrecht, Chairman of the Board of Executive Directors of BASF. The first building with a thermal insulation composite system has now been constructed in Akademitscheskij Rayon using insulation paneling made of BASF's Neopor® . The paneling system enables energy savings of up to 50 percent compared with non-insulated buildings. In addition, BASF’s subsidiary Luwoge consult will contribute to the conception and planning of a low-energy house in Akademitscheskij Rayon .

“We are delighted to enter this promising partnership with BASF,” said Veniamin Golubitsky, President of Renova Stroygroup. "Sustainability is a priority for our company, and the cooperation with BASF in the field takes us a good step forward.“  The two companies also plan to extend their cooperation on energy efficiency initiatives in the Ural Federal District beyond the current project .

The Ekaterinburg project is a result of regular "German-Russian consultations" between the governments of both countries and was agreed in 2008. Joint modernization projects among partners in industry are intended to contribute to the Russian government's goal of lowering domestic energy demand by 40 percent by 2020. The city of Ekaterinburg and surrounding region are earmarked as a pilot area for energy-efficient urban development.

BASF develops and markets a variety of products that help to save energy and resources and reduce greenhouse gas emissions. Examples include polystyrene and polyurethane for the production of insulation materials for buildings. Other products are pigments for roof coatings and plastic components that decrease solar absorption and in that way prevent dark surfaces from overheating. Special concrete admixtures in cement reduce CO2 emissions by up to 60 percent.

Source: http://www.basf.com/

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