The world’s rising demand for energy is a real opportunity to expand our business and deliver higher returns for our investors. But as we grow, our net operational emissions won’t – and we will help others to curb their emissions.
We will deliver this commitment by reducing emissions in our operations, improving our products and services, and creating low carbon businesses. This is just the latest step in our 20-plus year journey – but a significant one and one we plan to build on in the years to come. At BP Petrochemicals, we are proud to be part of this process.
Advancing Low Carbon accreditation programme
BP’s Advancing Low Carbon accreditation programme is specifically designed to encourage every part of BP to pursue lower carbon opportunities. Activities are only included within the programme if we are satisfied that they make a difference and deliver a better carbon outcome. This can be, for example, through emissions savings or offsetting the carbon they produce, through demonstrating exciting new technologies, or through supporting partnerships and initiatives that aim to advance research or drive action on low carbon across the industry.
BP Petrochemicals was delighted to achieve accreditation in the first year of the programme for the following:
Acetic anhydride is used in the production of cellulose acetate for textile fibres and plastics/film/coatings. We produce acetic anhydride at our plant in Hull in the United Kingdom using a more energy efficient carbonylation process.
Purified terephthalic acid (PTA) is a raw material used in making high-performance multi-purpose plastics for packaging, clothing and industrial fibre products. PTAir offers customers in the polyester value chain the opportunity to purchase lower carbon feedstock.
PTAir Neutral offers customers the opportunity to purchase a carbon neutral product with net zero carbon emissions. Carbon neutrality is accomplished through BP Target Neutral, which invests in various carbon emission reduction projects located around the world.
BP Ventures has invested in Tricoya Technologies Limited. Its acetylation process, initially developed for the production of Accoya®, a solid acetylated wood, has benefits including the production of sustainable wood products that exhibit superior dimensional stability (less shrink and swell) and durability (rot resistance) compared with other products. The first commercial scale production facility is under construction, adjacent to BP’s chemicals manufacturing facility in Hull, which will also supply the acetic anhydride for the acetylation process.
1. PTAirTM is a trade mark of BP p.l.c.