Chemicals & materials 2024 28 weeks

Lacquer Bay Chemicals

Coatings and intermediates producer, four sites

Engagement
28 weeks
Office
Gothenburg
Lead partner
Sofia Lindqvist

The challenge

A published emissions target had no plan behind it: no meter-level baseline, no lever list, and a capital plan with no room for one. Energy cost per tonne was 14 percent above the firm's benchmark for comparable sites.

What we did

Sofia Lindqvist's team built the baseline from meter data, priced every reduction lever per tonne and per euro of capex, and resequenced the capital plan around the four levers that paid for themselves inside five years.

Steam system fixes and heat integration went first; the solvent recovery project moved two years earlier once its payback was re-derived with real utility prices.

The outcome

Scope one and two emissions fell 28 percent against the baseline year. Energy cost per tonne fell 14 percent, and the levers that remained carry internal rates of return the board reviews annually.

Impact metrics

Scope 1+2 emissions −28 % vs baseline

Before 100 % vs baseline
After 72 % vs baseline

Energy cost per tonne −14 % vs baseline

Before 100 % vs baseline
After 86 % vs baseline

Levers with IRR above hurdle +8 count

Before 3 count
After 11 count

Bars are scaled per metric against its own maximum. Direction of improvement: Scope 1+2 emissions, Energy cost per tonne, Levers with IRR above hurdle — see each metric.

Expertise behind this program

Facing something similar?

Describe your baseline and target. If we have run it, we will say so — and show you the number.