BRINGING 2050 A STEP CLOSER

In 2021, we launched our carbon neutral roadmap with the ambition to make all our operations carbon neutral by 2025, through our pioneering technologies and strategic collaborations.

We have identified five primary ways to achieve this objective and reach our environmental goals: energy reliability and energy efficiency; electrification; carbon capture Utilization and Storage; renewable energy; and green/blue hydrogen.

Our collaboration with BASF and Linde resulted in an ICIS award for best innovation. The partnership helped to launch the world's first large-scale electrically heated steam cracking furnace, significantly reducing scope 1 & 2 CO₂ emissions.

Our Cartagena polycarbonate facility is poised to be the world’s first large-scale chemical site fully powered by renewables. It will provide customers in automotive and construction with polycarbonate solutions made from 100% renewable energy.

And our world-leading carbon capture and utilization plant already captures up to 500,000 metric tons of CO₂ each year. That’s the equivalent of taking 120,000 cars off the road annually.*

All of this demonstrates our commitment to leading the industry in sustainable innovation and emissions reduction, as we make significant progress towards carbon neutrality and net zero emissions with Chemistry that Matters™.

*SOURCE: United States Environmental Protection Agency - Greenhouse Gas Equivalencies Calculator.