II-VI Incorporated Signs Major Renewable Energy Contract in China
PITTSBURGH, Jan. 13, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that it has signed a major renewable energy contract in China.
The II-VI site in Wuxi represents approximately
“This purchase agreement includes approximately 167 million kWh of renewable electricity over the next four years, thereby avoiding nearly 92,000 metric tons of CO2 emissions cumulatively over this period,” said Gary Lin, Senior Vice President, Operations, Photonic Solutions Segment. “This demonstrates our commitment to increase the sustainability in our energy supply across our global footprint.”
II-VI has set as a top priority to reduce its carbon footprint across its global operations. II-VI announced in October 2021 that it is powering all of its facilities in Europe with
Over
About II-VI Incorporated
II-VI Incorporated, a global leader in engineered materials and optoelectronic components, is a vertically integrated manufacturing company that develops innovative products for diversified applications in communications, industrial, aerospace & defense, semiconductor capital equipment, life sciences, consumer electronics, and automotive markets. Headquartered in Saxonburg, Pennsylvania, the Company has research and development, manufacturing, sales, service, and distribution facilities worldwide. The Company produces a wide variety of application-specific photonic and electronic materials and components, and deploys them in various forms, including integrated with advanced software to support our customers. For more information, please visit us at www.ii-vi.com.
CONTACT:
Mark Lourie
Vice President, Corporate Communications
corporate.communications@ii-vi.com
www.ii-vi.com/contact-us