• Episode 1305: Think Tank: How to accelerate drive to net zero carbon along chemical value chains

  • Feb 18 2025
  • Durée: 37 min
  • Podcast

Episode 1305: Think Tank: How to accelerate drive to net zero carbon along chemical value chains

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  • Résumé

  • The Global Impact Coalition (GIC) aims to bring chemical companies and value chain partners together to solve challenges on the road to net zero carbon.

    - Collective effort will bring down the cost of sustainable solutions

    - GIC is spin off from the World Economic Forum

    - Major chemical company members include BASF, SABIC, Clariant, Covestro, LyondellBasell, Mitsubishi, Syensqo, LG Chem

    - Automotive plastics recycling is a key focus

    - Fully decarbonised car would only add $900 to final price

    - On average decarbonising only adds 2-4% to final price of most goods

    - However decarbonization costs rise steeply up the value chain

    - GIC aims to grow geographically and along industrial value chains

    ICIS journalist Will Beacham interviews Charlie Tan, CEO of the GIC and Lars Kissau, president of BASF’s Net Zero Accelerator.
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