Business & Economics :: Latest News
April 16, 2008
Arkema to reduce GHG emissions at Changshu site
Arkema (Colombes, France; www.arkema.com) has announced a plan to reduce greenhouse gas (GHG) emissions from its Forane 22 production plant at the Changshu industrial facility in China, by incinerating HFC 23, a by-product of HCFC 22 manufacture.
The project has been registered with the executive board of the Clean Development Mechanism, a body of the United Nations Framework Convention on Climate Change (UNFCCC). The incinerator should become operational by mid 2008.
The annual reduction in emissions has been estimated at some 6 million m.t. CO2 equivalent, including a quota of 3.4 million m.t., which will be eligible for certified emission reductions (CER, or carbon credits) allocated by UNFCCC, subject to verification by an independent body.
The project is part of Arkema’s ongoing sustainable development effort, and will result in a reduction of over 60% in its GHG emissions. Once the incinerator is in service, Arkema’s global GHG emissions will have been divided by six since 1990, the baseline year of the Kyoto Protocol.