In a significant stride towards environmental sustainability, SIBUR, Russia’s leading petrochemical company, has secured its position as the frontrunner in the country’s carbon reduction efforts. The Russian Registry of Carbon Units recently welcomed three innovative climate projects by SIBUR, implemented across its facilities in Nizhnekamsk, Tomsk, and Dzerzhinsk. These projects are projected to collectively reduce over 6 million tonnes of CO2-equivalent emissions by 2032.
According to the latest data from the Russian Registry of Carbon Units, SIBUR now holds the largest and most diverse portfolio of carbon reduction projects among Russian businesses. This milestone affirms SIBUR’s commitment to environmental stewardship and positions the company at the forefront of the nation’s decarbonisation journey.
One of the highlighted initiatives is the climate project at Nizhnekamskneftekhim, where by-products from the facility are utilised at its combined cycle gas turbine (CCGT) plant to generate electricity. This approach significantly diminishes the consumption of natural gas, resulting in a substantial reduction in greenhouse gas emissions.
The Sibur-Neftekhim project focuses on improving energy efficiency in the production of ethylene oxide and glycols. The installation of gas coolers in the production area allows the recovery of additional steam from waste heat, subsequently reducing the facility’s reliance on natural gas in its boiler house.
In the Tomskneftekhim climate project, the excess steam from monomer production is directed to a turbine generator. This innovative approach enables the production of polyethylene using self-generated energy, eliminating the need for grid electricity derived from fossil fuel combustion and further contributing to the reduction of carbon emissions.
All of SIBUR’s climate projects have received full endorsement from validating organisations, including Innopolis University and the CIS Member States Coordination and Information Centre for Regulatory Convergence. These organisations have confirmed the projects’ compliance with the GOST R ISO 14064-3-2021 standard, underscoring the high quality and credibility of SIBUR’s carbon reduction initiatives.
Elena Myakotnikova, Head of SIBUR’s Climate Initiatives and Carbon Regulation, expressed pride in the company’s accomplishments in the carbon market during 2023. Notably, SIBUR successfully implemented and validated climate projects at five facilities, recorded carbon units in the national registry, and conducted the first exchange transactions to sell them. Myakotnikova emphasised SIBUR’s commitment to strengthening its climate leadership, building upon this valuable experience.
Oksana Gogunskaya, CEO of Kontur, the operator of the Russian Registry of Carbon Units, commended SIBUR’s achievements. She noted that, as of the beginning of 2024, SIBUR’s climate initiatives accounted for nearly one-third of all projects recorded in the registry. Gogunskaya highlighted the company’s unwavering dedication to decarbonisation and its perceptive understanding of the promising opportunities presented by the carbon market.
