Climate

Premiere at HANNOVER MESSE: The All Electric Society Arena points the way to a carbon-neutral industrial society

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Sweden, the leading climate tech ecosystem in the EU by investment volume in 2023, is up for this year too. In the largest known green cement seed round to date, Swedish Cemvision joins forces with its compatriot investors Polar Structure and BackingMinds, and SF-based Zacua Ventures. The news comes soon after Cemvision announced its first official customer contract and is part of a plan to accelerate the company’s short-term momentum. The cement industry accounts for 8% of global CO2 emissions and is an estimated $400B market globally.

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Following the appointment of a new President for Europe, Aggreko has formalised its plans for 2024 and beyond with the launch of Energising Change, its new sustainability framework which places supporting the energy transition front and centre.

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Energy Industry Veteran Innovator Talks Climate Innovation

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The validation of KRAIBURG TPE’s climate protection targets in March 2024 marks another milestone for the issues of sustainability and climate protection in the company. The announced targets have been validated by the Science Based Targets initiative (SBTi) and are therefore subject to globally valid, scientifically based, measurable and verifiable standards.

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Elkem’s Collaborative REPOS Project Awarded 2023 Cefic Circularity Commendation

We are pleased to announce that the European Chemical Industry Council (Cefic) selected Elkem as one of 26 companies and national associations to feature in its 2023 European Responsible Care® Awards Gallery. Elkem’s collaborative Resourcing Silicones Polymers (REPOS) project was the only initiative that received commendation in the category of Circularity. It is aimed at developing eco-designed depolymerization chemistry to reduce silicone waste. The innovative depolymerization process can be conducted at ambient pressures and low temperatures, which enables a circular lifecycle and lower environmental footprint for silicone-based polymers and oils created from post-industrial and post-consumer waste.

Innovation for such a sweeping change to the silicones value chain will require collaboration, with implications for industrial, customer and consumer users of silicones. Its success will help meet societal expectations for circularity as well as industry and regulatory objectives to increase the recycled content of products. Aside from a growing need to develop a more circular end of life management of silicone waste such a recycled silicone can reduce the carbon footprint by 60 to 70% compared to traditional linear process. Elkem is partnering with two labs of the Centre National de la Recherche Scientifique (CNRS): Catalysis, Polymerization, Process and Materials (CP2M) and Ingénierie des Matériaux Polymères (IMP), as well as two specialized local companies: Activation, Processium, on the project, along with the Axelera competitiveness cluster.

“While end-of-life silicone recovery at a massive scale is not yet achieved we believe, as part of our company commitment to shaping a more sustainable future, that Elkem must invest in innovation that develops a holistic approach to the principles of Reduce, Reuse, and Recycle for our products and our customers who use them,” said Sean Duffy, VP sustainability. “Our collaborative research through project REPOS seeks to create a flexible, selective, and efficient process to harvest the value of silicone waste and enable development of a service offering that will become a “must have” in years to come.”

Reflective of Elkem’s three-pillar strategic climate roadmap to reduce process emissions, support the Green Transition and develop circular economies using eco-design approaches, there are two distinct recycling loops that are in-scope for project REPOS:

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The transformation of the metals industry towards climate neutrality was the main theme of the Bright World of Metals, which took place with great success in Düsseldorf from 12 to 16 June 2023, and was also much discussed at the GIFA and NEWCAST stands.

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Enviro's technology is once again awarded. The company wins the Tyre Pyrolysis Award category at this year's Recircle Awards. The award was established by several prominent actors in the rubber and tire industry and aims to recognize valuable contributions that promote a circular economy on a global scale. This is the third consecutive year Enviro has been recognized at the Recircle Awards.

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The lead topic of Bright World of Metals, held with great success from 12 to 16 June 2023 in Düsseldorf, was the transformation of the metal industry to become climate neutral.

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Company has signed virtual power purchase agreements (VPPAs) for a total of around 300 gigawatt hours (GWh) of renewable energy per year.

Company signs virtual power purchase agreements for 300 gigawatt hours per year
Wind and solar farms operational in Spain from 2025
Important milestone for Merck's strategic sustainability goal of being climate-neutral by 2040

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