22 October 2024

STP Group of Companies has launched a strategic partnership with Greenled, a leading Finnish provider of energy-efficient lighting solutions. As part of this cooperation, energy-saving lighting equipment manufactured by Greenled has been installed at STP Polymer, subsidiary STP Group of Companies. This initiative is expected to reduce electricity consumption by at least 80% compared to traditional lighting systems.
This project represents an important step in the implementation of the STP Group of Companies’ ESG (environmental, social and governance) policy. Reducing environmental impact and achieving significant cost savings demonstrate a comprehensive optimization of the Group’s business processes. In addition, the parties are considering the potential to expand their cooperation, including the possibility of producing energy-efficient lighting solutions at one of the STP Group’s facilities.
Commenting on the project, Hijran Valehov, Chief Executive Officer of the STP Group of Companies, stated: “Partnership with Greenled not only reflects our commitment to sustainable development, but also demonstrates the financial and environmental benefits of innovative solutions. By significantly reducing electricity consumption at STP Polymer, we are setting a new standard for energy efficiency in the industry. At the same time, we are exploring opportunities to expand our cooperation with Greenled, opening up new avenues for growth and innovation.”
In turn, Tuomas Poskiparta, Group Director of Greenled, commented: “We are pleased to cooperate with STP Group of Companies, a leader in its industry that shares the values of sustainable development. Our energy-efficient lighting solutions combine minimal environmental impact with exceptional quality. We hope that the project implemented at STP Polymer will mark the beginning of a long-term partnership, and we are keen to explore opportunities for cooperation that include local production.”