Clariant is to grow its bio-based ethylene oxide derivatives portfolio with low-carbon footprint ethylene from Austrian petrochemical firm OMV.
The two companies have signed a letter of intent to accelerate the transition towards renewable carbon in the European ethylene supply chain.
OMV started its own renewable and circular production of chemicals and chemical feedstock at its refinery in Burghausen, Germany, back in 2021, and recently at its refinery in Schwechat, Austria.
As part of their cooperation, Clariant and OMV will explore and develop new strategies to meet sustainability targets in the ethylene supply chain.
Both companies will share their research findings, adopt a Life Cycle Assessment (LCA) methodology for unified approaches and define detailed CO2 reduction roadmaps.
This will include the joint analysis of collaboration potential for the Ethanol-to-Ethylene (E2E) technology.
“In response to increasing consumer demand for more sustainable options, and with a particular focus on Europe, this partnership will help both companies meet their sustainability targets and deliver on the carbon reduction strategies of their customers,” Clariant said in a statement.
“Today’s agreement between the two companies is expected to help Clariant meet its ambitious absolute emissions reductions for operations and supply chain activities, as outlined in its 2030 climate targets,” it added.
“Clariant’s targets, drafted in accordance with the Science Based Targets Initiative (SBTi), aim to reduce Scope 1 and 2 absolute GHG emissions by 40% and Scope 3 greenhouse gas emissions by 14%, in the timeframe between 2019 and 2030.”
Christian Vang, Business President Care Chemicals and Americas, Member of the Executive Steering Committee at Clariant, said: “We are continuously working on solutions for our customers’ journeys towards the use of lower carbon footprint ethoxylates and this cooperation is an important step forward to reach this goal.
“Renewable low-carbon footprint ethylene from OMV will enable us to grow our bio-based ethylene oxide derivatives portfolio, as well as strengthen the supply chain with production in Europe, for Europe.”
