INEOS aims to stay ahead of EU energy targets

The INEOS commitment to emission reduction predicts that all sites will be climate-neutral in Antwerp by 2050 at the latest. It also takes into account the EU's ambition to reduce greenhouse gas emissions to at least 55% below 1990 levels by 2030.

The science-based commitment will contribute to the ambition of the port of Antwerp by reducing CO₂(e) emissions through real, verifiable and practical measures with a focus on at-source reductions.

Hans Casier, CEO of INEOS Belgium, said: “We have a clear, achievable road-map to effectively contribute to a reduction of emissions from our sites in Antwerp which includes changing to green power and clean heat, reusing hydrogen and CO₂, further investment in electrification and where appropriate switching to recycled or bio-feedstock.

“Our investment will deliver significant beneficial reductions. Our focus is to avoid the production of CO₂ in the first place rather than waiting to collect and store it later, although this may still be important for us in years to come.”

To achieve the additional reductions necessary INEOS will implement further fuel switching and green electricity. It also plans the optimisation of its existing carbon capture activity at Zwijndrecht; collaboration in industrial waste heat and steam networks in the region (INEOS was a part of the green steam ECLUSE network at Doel); increased use of hydrogen in chemical processes and power plants; involvement in the ambitious ‘Power to Methanol’ project for sustainable methanol production at Lillo, and further investment in electrification.

INEOS sees investment in hydrogen technology as a core part of its future business. The company has considerable expertise in the production, technology, storage and handling of this important fuel of the future. It is already involved in new projects that will transform production, transport and energy networks and plans to commercialise the opportunities these present.

Casier added: “All these activities will be underpinned by an ongoing drive to improve the energy and resource efficiency of our processes. We are actively working across all our businesses and sites to significantly reduce our GHG [greenhouse gas emissions].”

INEOS states that the ongoing expansion of certified bio-attributed feedstocks into its processes where appropriate across Europe will also result in lower product footprints and downstream GHG savings when compared with conventional materials.

Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/04112020/ineos-aims-to-stay-ahead-of-eu-energy-targets/