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A few key takeaways include:
1. SABIC marked a series of important strides in its sustainable growth in 2022, underpinned by advancements in feedstock optimization, technology, and new partnerships. The company debuted a string of sustainable offerings last year, including its BLUEHERO™ initiative, which helps accelerate the world’s energy transition to electric power and address the global challenge of climate change.
2. In recognition of the breadth of environmental challenges facing the industry and world, SABIC also scaled up its collaborations across the value chain. SABIC kicked off construction of the world’s first demonstration plant for large-scale electrically heated steam cracker furnaces with partners BASF and Linde. It also began innovative pilot projects, including one aimed at evaluating how blockchain technology can enable end-to-end digital traceability of circular feedstock in customer products.
3. Energy efficiency, renewable energy, initial electrification and carbon capture were confirmed as priority areas for lowering SABIC’s absolute greenhouse gas emissions per its interim 2030 targets. The report also affirms that further scaling electrification and green/blue hydrogen will be key to its long-term Carbon Neutrality Roadmap.
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Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.
