Page 162 - CW E-Magazine (20-5-2025)
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News from Abroad


       GREENER INGREDIENTS
       AkzoNobel to lower carbon footprint of paints using

       BASF’s biomass balanced raw materials


          AkzoNobel is purchasing signi-                                  any paint we produce using the BMB
       fi cantly  reduced  carbon  footprint  raw                          approach will be cut by  at least 5%
       materials from BASF for its decorative                             to begin with, compared with the
       paints production in EMEA (Europe,                                 same formula produced using  100%
       Middle East and Africa), demonstrating                             fossil-based material.”
       the shared commitment of both compa-
       nies to drive down Scope 3 emissions.                                 AkzoNobel in the UK is already
                                                                          preparing to launch its upgraded Dulux
          Signalling  AkzoNobel’s intent to                               Easycare  range  – which uses the  re-
       deliver more lower  carbon products                                duced CO  ingredients – during Q2 this
                                                                                  2
       into the mainstream, the agreement                                 year. It’s the fi rst time the company has
       involves the company using BASF’s  dependent third party. It means Akzo-  used  certifi ed  mass  balanced  products
       biomass balanced (BMB) ingredients –  Nobel can purchase BASF’s  acrylic  (replacing  fossil fuels with renewable
       which don’t require any new formu-  binder (one of the main ingredients in  raw materials) for an acrylic binder.
       lations or changes to existing paint  decorative  paints)  with  a  signifi cantly
       manufacturing  processes. AkzoNobel  reduced carbon footprint.        “We can’t drive the reduction of
       said this could result in a paint with a                           Scope 3 carbon emissions by ourselves,
       reduced carbon footprint of at least 5%.  “Integrating  BASF’s BMB ingre-  that’s why collaboration  is so impor-
                                         dients into our higher volume con-  tant,” added Mr. Bruinsma.
          BASF replaces the  fossil-based  sumer products will help us  achieve
       feedstock in the ingredients it supplies  a  signifi cant  overall  impact  in  terms   AkzoNobel said it is in the process
       to AkzoNobel with renewable resources  of  carbon  footprint  reduction,”  noted  of  achieving  RedCert2  certifi cation  for
       such as bionaphtha and biomethane via  Mr.  Wijnand  Bruinsma, AkzoNobel’s  all relevant production sites in Europe –
       a mass balance  approach.  This mass  Director  of Sustainability. “Our part-  a recognised mass balance standard for
       balance approach is certifi ed by an in-  nership means the carbon footprint of  the chemical industry.
       PETROCHEMICALS
       CPChem divesting stake in Singapore polyethylene

       manufacturing Joint Ventures


          Chevron  Phillips Chemical (CP-                                    CPChem’s Asia  headquarters,  res-
       Chem) – jv owned equally by Chevron                                ponsible for the sales and marketing
       USA and  Phillips  66 Company, has                                 of products throughout the region, will
       announced  that the shareholders of                                remain in Singapore. “This acquisi-
       Chevron Phillips Singapore Chemicals                               tion represents a key achievement  for
       have agreed to sell 100% of their shares                           Aster, supporting our strategic  goals
       to Aster Chemicals and Energy through                              with new capabilities and strengthening
       its  affi  liate  Chandra  Asri,  the  leading                       our off erings to customers,” the CEO of
       Indonesian petchem company.  Aster                                 Singapore-based Aster  Chemicals  and
       is a joint venture company between                                 Energy, Mr. Erwin Ciputra, said.
       Chandra Asri and Glencore.
                                         Island, Singapore.  The  approximately   Last  month,  Aster  Chemicals  and
          CPSC operates a 400-ktpa high-den-  150 employees of CPSC are expected  Energy had completed its purchase of Shell’s
       sity polyethylene facility  on Jurong  to have the opportunity to join Aster.  Singapore refi nery and refi ning assets.


       162                                                                      Chemical Weekly  May 20, 2025


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