Sinopec
Carbon reduction targets:
With net zero emissions as the ultimate goal, we strive to achieve carbon neutrality by 2050.
On July 5, 2021, Sinopec launched the construction of China's first million-ton CCUS project, the Qilu Petrochemical-Shengli Oilfield CCUS project, covering three links of carbon capture, utilization and storage.
According to media reports on December 30, the overall construction of the project is 80% complete. After the project is completed, it will become the largest CCUS whole industry chain demonstration base in China. It can reduce carbon dioxide emissions by 1 million tons every year, which is equivalent to planting nearly 9 million trees and stopping nearly 600,000 economical cars for one year.
After 10 years of hard work, the microalgae biotechnology team of the Chinese Academy of Petrochemical Sciences has formed the world's first technology to reduce CO2/NOx and produce feed protein with microalgae, which can help China achieve carbon peaking, carbon neutrality and environmental pollution control goals. .
BASF
Carbon reduction targets:
By 2030, significantly reduce carbon dioxide emissions by 25%; by 2050, achieve the goal of net-zero global carbon dioxide emissions.
Carbon reduction path:
Use renewable electricity to replace fossil fuels such as oil, coal, and natural gas;
Continue to implement continuous improvement processes on existing production facilities in a planned way to reduce carbon emissions;
BASF is working with Saudi Basic Industries Corporation (SABIC) and Linde to realize the world's first pilot-scale electric-heated steam cracking furnace. Compared with traditional cracking furnaces, electric heating cracking furnaces can achieve almost zero carbon dioxide emissions in the production process of basic chemicals.
The possibility of building a PEM (Proton Exchange Membrane) water electrolysis system with a capacity of 50 MW is being studied to produce zero-carbon green hydrogen from water and electricity, which will be mainly used as a feedstock for chemical synthesis;
Plans to invest in carbon capture and storage (CCS) projects on the North Sea seabed.
Dow
Carbon reduction targets:
By 2030, reduce 5 million tons of net carbon emissions annually, that is, an overall reduction of 15% on the basis of 2020; achieve carbon neutrality by 2050.
Carbon reduction path:
Committed to using advanced technology to reduce the use of resources to produce products and help customers reduce their carbon footprint
Help 'stop waste' by 2030 through direct action and partnerships to enable 1 million tonnes of plastic to be collected, reused or recycled;
Will help "close the loop" by selling 100% of products in packaging applications as reusable or recyclable by 2035;
Aim to provide 750 megawatts of renewable energy generation capacity by 2025.
Dow has a feasibility roadmap and is helping customers and their industries reduce emissions with innovative materials by optimizing production equipment and processes, increasing the procurement of electricity supplied by renewable energy sources, and investing in carbon capture, use and storage technologies and other ways to achieve carbon neutrality goals.
Ethane dehydrogenation (EDH) and electrocracking (e-cracking) technologies are being advanced with a view to reducing carbon emissions from existing crackers, with the promise of zero emissions in the future.
A special carbon dioxide capture solvent technology based on UCARSOL formula amine solution has been developed, and industrial verification has been achieved in two industrial demonstration plants in West Virginia (coal and natural gas boilers) and Le Havre (coal boilers) in France.
With the introduction of vacuum skin packaging in Japan, cooperation with domestic refrigerator and freezer manufacturers in China, reducing greenhouse gas emissions through PASCAL™ technology, etc.
