Paolo Barbieri, CEO of Kem One, and Marc Benayoun, Électricité de France (EDF) Group Executive Vice President in charge of the Customers, Services and Territories Division, signed on July 16, 2025, a memorandum of understanding outlining the principles of a 10-year electricity supply contract for Kem One’s seven industrial sites in France, located in Fos-sur-Mer, Lavera, Balan, Berre, Saint-Fons, Saint-Auban, and Vauvert.
According to the terms of the memorandum, Kem One and EDF plan to enter into a contract to supply part of Kem One’s electricity needs. The agreement includes balanced mechanisms for sharing risks and benefits between the two parties.
This contract, which is part of EDF’s commercial strategy to support industrial clients over the long term, is expected to be signed by the end of September 2025, with the first electricity delivery scheduled for January 1, 2026.
Paolo Barbieri, CEO of Kem One, stated: "This memorandum of understanding with EDF marks a decisive step toward strengthening the competitiveness and sustainability of our industrial sites. In a particularly challenging context for the chemical industry, having long-term visibility on our electricity costs is a strategic lever to ensure the continuity of our operations. Resulting from constructive dialogue and several months of collaborative work, this agreement will reinforce our local presence by securing the energy supply essential to our industrial processes. We thank EDF for its commitment to this structuring initiative, which supports the future of our sites and the development of our entire sector."
Marc Benayoun, EDF Group Executive Vice President in charge of the Customers, Services and Territories Division said: "The signing of this memorandum of understanding provides the visibility and stability Kem One needs to continue and expand its activities in France and Europe. It is another example of EDF’s commitment to supporting industrial players by providing reliable, low-carbon, and competitive electricity that promotes the country’s energy and industrial sovereignty."