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Exploring a New Paradigm of Sustainable Development, Huntsman Injects Green Energy Into High-Quality Development

Industry News > Exploring a New Paradigm of Sustainable Development, Huntsman Injects Green Energy Into High-Quality Development

Huntsman Group, a global special chemical enterprise, was invited to participate in the 14th China International Petrochemical Conference, which opened in Ningbo. Focusing on the theme of "Managing Uncertainty and Promoting Green Recovery", representatives of global energy and chemical industry enterprises, industry leaders, academicians and experts gather here to jointly explore new paths for green, low-carbon, and high-quality development. Dr. Sheng Enshan, Executive Director of Huntsman Chemical R&D Center, was invited to attend the Future Energy Conference forum and shared Huntsman's sustainable development goals and actions, showcasing how innovative chemical new materials and green technologies can empower downstream industries such as future new energy to reduce carbon emissions and increase efficiency.

We fully feel China's determination to actively respond to climate change and pursue a path of green, low-carbon, and high-quality development. As a driver of carbon reduction innovation, Huntsman has always integrated the concept of green, high-quality, and sustainable development of the social economy and macro goals into the strategic decision-making, business management, and value creation of enterprises, closely focusing on China's' dual carbon 'system engineering, innovating product design, strengthening process control, and accelerating Improve supply chain efficiency, smooth industrial circulation, explore new paradigms of sustainable development, and promote the social economy to move towards a new channel of high-quality development Pan Lumin, President of the Asia Pacific Division of Huntsman Polyurethane, stated.

Driven by government leadership and coordinated development of industries

If the promotion of the "dual carbon" strategy is compared to a sailing giant ship, then the government's guidance is the flag of this giant ship. In 2021, the State Council issued the "Opinions on Completely, Accurately and Comprehensively Implementing the New Development Concept to Do a Good Job in Carbon Peak and Carbon Neutrality" and the "Action Plan for Carbon Peak before 2030", which signified the top-level design of the "1+N" policy system for carbon peak and carbon neutrality, and laid an action roadmap for achieving the dual carbon goals. Under the guidance of top-level design, relevant departments have successively deployed and formulated carbon peak implementation plans for multiple fields and industries such as energy, industry, urban-rural construction, transportation, etc. Driven and guided by policies, Huntsman's industry resonates with the same frequency, committed to gathering resources from all sectors of the industry, adhering to technological innovation, working together with more enterprises, universities, and institutions to create industrial value, improving the overall development level and market size of the industry, and ultimately 'from point to area', deeply integrating green technology with low-carbon industries, and helping China achieve the 'dual carbon' goal.

As early as 2021, Huntsman officially signed a carbon neutral strategic cooperation agreement with the Chinese Academy of Sciences Shanghai Institute of Advanced Research to carry out a life-cycle carbon footprint assessment based on the production of polyurethane products and downstream applications in the construction industry. This cooperation involves data collection, research, and coordinated communication between upstream and downstream industries to study the production, processing, and application of polyurethane materials at various stages. Direct and indirect emissions during product production and use are included in the statistical scope. Through conducting a life cycle carbon footprint assessment based on polyurethane products, key factors and links that affect carbon footprint are analyzed, providing directional support for carbon reduction technology in polyurethane product production, Assist its upstream production and downstream applications in the construction industry to move towards low-carbon in all areas. This cooperation marks the beginning of an international leading enterprise in the polyurethane industry and a leading domestic research institution working together to promote carbon neutrality research.

Quantitative carbon reduction to create a green supply chain

The realization of the "dual carbon" goal is a multidimensional, three-dimensional, and systematic project, which not only requires enterprises to accelerate their own carbon reduction process, but also to build a low-carbon green supply chain. Huntsman integrates multiple resources and capabilities at different stages of the supply chain, innovates product design, and strengthens process control to form a "green supply chain solution". Through sharing, division of labor, and exchange, it achieves energy-saving, emission reduction, and cost reduction effects, driving the entire supply chain to achieve carbon reduction goals. As shown in the "2022 Sustainable Development Report" recently released by Huntsman, the overall progress of the group's "2025 Vision" has been achieved by 50%, achieving a further 5% reduction in carbon emissions. Meanwhile, Huntsman is also committed to promoting its suppliers to establish their own carbon neutrality goals by 2027.

Packaging and transportation are one of the main energy consumption and emissions in the supply chain. How to accurately optimize packaging and transportation methods from a practical perspective, becoming a breakthrough point for energy conservation, emission reduction, cost reduction, and efficiency enhancement in the Huntsman supply chain. In the packaging process, Huntsman explores transforming "barrel loading" into "bulk cargo", one step in place, directly eliminating packaging materials; For goods that cannot be completely unpacked, the recycling of packaging containers can be improved by adding inner lining bags or other methods. In terms of transportation, Huntsman innovatively promotes the deep integration of multiple transportation modes and utilizes land and water intermodal transportation; Adopting the TMS Transportation Management System and integrating with social logistics information grid, utilizing technological means to efficiently match resources, optimize routes and transportation methods, improve transportation efficiency and save energy and costs.

Developing a green economy and empowering customer value enhancement

Huntsman adheres to customer value as the strategic starting point, drives differentiation through innovation, continuously upgrades and revitalizes the four sustainable solutions represented by "clothing, food, housing, and transportation", and creates multiple values that balance business, environmental protection, and social benefits for customers. As a practitioner and leader of circular economy, Huntsman has developed TEROL based on PET plastic recycling technology ® Tai Luo You ® Recycled polyester polyols, as raw materials for various polyurethane products, have a recycled PET plastic content of up to 60%, which can greatly reduce the carbon footprint of downstream polyurethane products. Huntsman Group can recycle PET waste plastic equivalent to 1.44 billion 500ml PET plastic bottles worldwide every year, used to produce application products such as polyurethane building insulation materials, synthetic leather, furniture sponges, industrial adhesives, etc., working together with industry chain partners to create a more sustainable future.

The symbiosis, co construction, and co development of the industrial chain ecology cannot be separated from the continuous support of innovative technologies. Taking the new energy vehicle industry as an example, Huntsman continuously develops innovative solutions to empower downstream industry technology iteration and green upgrading. Huntsman's RIMLINE and VITROX polyurethane systems, Ailaoda ® Glass fiber reinforced epoxy resin can help electric vehicle batteries become lighter, more durable, and improve production efficiency; Innovative ULTRAPURE ® Carbonate, which helps battery solutions effectively reduce environmental, health, and safety issues; Creating MIRALON with a Near Zero Carbon Footprint ® Carbon nanotube production technology can reduce carbon footprint by 90%.

The green and low-carbon transformation of the social economy is an important engine for achieving high-quality development. Guided by the three major sustainable long-term goals of "carbon neutrality, circular economy, and sustainable chemistry", Huntsman adheres to the deep integration of its own waste plastic cycle and the creation of low-carbon production capacity, empowering the green transformation of the entire upstream and downstream industrial chain, creating a sustainable development ecosystem, and using green innovation to promote the "dual carbon" goal, providing strong driving force for China's high-quality development and modernization construction.

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Exploring a New Paradigm of Sustainable Development, Huntsman Injects Green Energy Into High-Quality Development

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