Specific projects vary depending on business type and location. A summary of these actions and some of the associated benefits are set out below.
| ACTIONS |
STATUS /EXAMPLES |
| Continuous optimisation of current operations |
Target of 10% reduction in emissions compared to 2019 by 2025 |
| Acquisition or renewable energy sources to run our operations |
140 MW of wind power purchased in 2020 equivalent to 2 million tonnes reduction over the next 10 years, or 1% annual emissions reduction. Read More. |
| Development of clean hydrogen as fuel |
New dedicated clean hydrogen business established to target substantial investment in clean hydrogen within five years. Hydrogen to be used as a fuel for transport and power. Read More. |
| Carbon Capture and Use or Storage |
A demonstration scale project to convert carbon dioxide into methanol using hydrogen is underway at Antwerp. Read More. Project to store carbon dioxide from Denmark in INEOS’s Siri field in the North Sea.
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Use of bio-based feedstocks instead of hydrocarbon feedstocks
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Biomass derived from residue from the manufacture of wood pulp is being used to make bio- olefins in Koln cracker used in Biovyn™, world’s first accredited bioderived PVC and Recycl-IN. These new product ranges achieve 90% GHG savings. Read More. |
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Development of new recycling technologies to produce polymer products containing recycled plastic.
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New Styrenics and Polyolefin products launched containing 50% or more recycled material have been launched.
The expansion of recycling range of products
Styrenics demonstrates mechanically recycled polystyrene suitable for food contact
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| Investment in new assets to create step change in emissions |
Key example: proposed Project 1 cracker will reduce emissions associated with over 1m tonnes of product by over 50%. Read More.
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These actions are also captured within roadmaps under development for each business and site. For example, we recently announced that at Antwerp we have in place a roadmap for emissions reduction that will outpace EU requirements. Read More.
We report our green-house gas (GHG) emissions both internally and externally on an annual basis according to internationally recognised standards to track progress.
