SABIC CEO ON NEED TO MEET SUSTAINABLE DEVELOPMENT GOALS

Posted On November 8th, 2019 - 12:37 pm | by Oil and gas press

SABIC recently launched TRUCIRCLE™, an initiative that links the company’s innovative circular materials and technologies. It seeks new partners to address one of the world’s most urgent sustainability challenges – the reduction of mixed plastic waste.

The program includes bio-based renewable polymers, mechanically recycled polymers, and SABIC’s flagship certified circular polymers, which are made from the chemical recycling of mixed plastic waste.

Circular polymers, Mr. Al-Benyan said, are a key to fulfilling the promise of a circular economy, and stemming the flow of plastic waste into waterways and ecosystems. “We are collaborating with our upstream suppliers and key downstream customers, on a disruptive innovation that upcycles mixed plastic waste back to the original polymer for packaging applications. This is an example of the circular economy at work.”

SABIC has also made strides in reducing carbon dioxide emissions from its industrial processes. Mr. Al-Benyan told attendees that “In Jubail we have built the world’s largest CO2 capture and purification plant, which can capture up to half a million tons of CO2 annually from certain production processes and convert it into feedstock for industrial processes. That is equivalent to planting over 11 million trees.”

Source / More : SABIC CEO: INNOVATION AND COLLABORATION NEEDED TO MEET SUSTAINABLE DEVELOPMENT GOALS

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