LyondellBasell Launches Line of Low Carbon Materials to Help Businesses Meet Emissions Reduction Goals
Chemical company LyondellBasell today announced the launch of its +LC (Low Carbon) solutions, a new range of chemicals produced using recycled and renewable feedstock that manufacturers can use to make their products more sustainable and help them meet emissions goals.
LyondellBasell is among the world’s largest producers of polymers including propylene oxide and its derivatives including propylene glycol, propylene glycol ethers and butanediol. Traditional products from fossil fuel based chemical manufacture include plastic, nylon and polyester. LyondellBasell chemical products are used in multiple sectors from insulation materials to automotive and consumer goods.
The company’s +LC solutions are sourced from recycled and renewable feedstocks and designed under an International Sustainability and Carbon Certification (ISCC) PLUS certified mass balance methodology. This methodology enables manufacturers, whose products blend conventional raw materials with the renewable and recycled feedstock, to claim the benefits of the more sustainable feedstock in their final product. Every product within the +LC range comes with an ISCC+ mass balance certificate so it can be traced throughout the value chain. Moreover, Product Carbon Footprint (PCF) data are available for these products, enabling businesses to directly compare the carbon footprints of +LC solutions with traditional fossil-based counterparts.
Kimberly Foley, executive vice president, Intermediate & Derivatives and Refining said:
“Sustainability is woven into the fabric of our business strategy. The +LC solutions mark a critical step for our customers as they increasingly shift towards more ambitious GHG emissions reduction targets and product circularity. These low-carbon solutions will use renewable, bio-based and recycled feedstocks that empower our customers to reduce their Scope 3 GHG emissions. We have applied our long history of innovation, customer-centric approach, and focus on sustainability to engineer a product range that aligns both with our company’s and our customers’ sustainability ambitions.”
The +LC solutions are currently available in Europe and the Americas, and plans for expansion into Asia are set for early 2024.