Integrated petrochemicals company SIBUR-Neftekhim has joined forces with Linde Gas Russia to recycle carbon dioxide (CO2) generated as a by-product at its facility located in Dzerzhinsk, Russia.
The duo on Tuesday (1st June) signed an agreement for the project which will be an integral part of SIBUR’s sustainable development strategy to reduce its greenhouse gas emissions by 15% by 2025.
Under the terms of the contract, SIBUR will construct the necessary infrastructure to transport the crude CO2, a by-product resulting from ethylene oxide synthesis, to Linde’s treatment unit.
As part of its role in the collaboration, Linde will build a gas treatment unit to process it into a commercial-grade product usable in the food industry in particular and sell it to end consumers.
It is believed the arrangement will help recycle approximately 25kilotonnes of CO2 annually. Linde and SIBUR said the project is scheduled for 2021/2022.
Commenting on the plans, Sergio Bosio, Head of Linde in Russia and Kazakhstan, said, “We are happy to develop our long-term partnership with SIBUR-Neftekhim in line with our shared values and sustainability goals.”
“Our objective is to reduce the greenhouse gas emission intensity by 35% by 2028. Additionally, we make every effort to help our customers improve their environmental performance and reduce their carbon footprint by leveraging our gas technologies.”
Dmitry Vladimirov, CEO of SIBUR-Neftekhim, added, “We evaluate each project from both economic and environmental points of view. This project gives us an opportunity to pursue more ambitious greenhouse gas reduction goals, thus making a significant contribution to our Sustainable Development Strategy, and to monetise the CO2 emissions that were previously released into the atmosphere.”