Trafigura and Braskem have teamed up to deliver the world’s first cargo of carbon-offset naphtha, says an article published in Energy Voice.
Trafigura on Naphtha
Trafigura’s global head of naphtha and condensates Dmitri Croitor said, “Naphtha is a vital component for the plastics industry and this carbon offset cargo, the first of its kind, demonstrates the potential to reduce upstream supply chain emissions for non-combustible plastics. We believe this could be an important additional step in the industry’s efforts to minimize emissions.”
The carbon-offset cargo
Trafigura said it would provide data on the emissions of the processing and transportation of the 325,000 barrel cargo.
The two will cancel out the carbon through efficiency measures, which reduce emissions, and surrendering of high quality carbon offsets.
The carbon offsets will come from nature-based projects in Indonesia. Verified Carbon Standard (VCS) has verified the offsets.
Braskem on circular economy
Braskem’s feedstocks, chemicals and global chartering director Hardi Schuck said, “Braskem is committed with a carbon neutral circular economy strategy and this pilot is a step forward in this direction, contributing to offset part of the value chain emissions. Today’s announcement fits with our efforts to continue to advance in innovation and to develop low carbon solutions.”
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Source: EnergyVoice
