BP unveils low-carbon and carbon neutral PTA solution
BP announced the launch of PTAir, a new low carbon and carbon neutral PTA brand with three products that offers a more sustainable solution for the polyester value chain.
PTAir uses proprietary PX and PTA technology that supports a 29% lower global warming potential than the average European PTA production. This low carbon benefit has been independently assured by ERM CVS.
In addition to this, BP will also launch PTAir Neutral, the world’s first certified carbon neutral PTA. PTAir Neutral offers customers the opportunity to purchase a carbon neutral product where associated CO2 equivalent emissions are mitigated through the investment in carbon projects providing equivalent CO2 benefits and delivering a net zero position. These projects, located around the world, provide economic, social and environmental benefits to the communities they serve.
Through PTAir Neutral Products customers have the opportunity to offset all of their product footprint - over and above their PTA use - to achieve full carbon neutrality across their product portfolio. This unique offer is made possible through BP Target Neutral, BP’s longstanding, not-for-profit carbon management program.
PTAir is available in Europe today and will soon be available in the US and Asia.
“Our exciting new PTAir product offer is an important stepping stone towards a more sustainable polyester chain,” said Luis Sierra, CEO, BP Aromatics. “PTAir is available today in large quantities and seamlessly fits into the current supply chain as a ‘drop in’ substitute for higher carbon, conventional PTA. Moreover, it allows our customers to economically achieve a meaningful carbon footprint reduction using a raw material whose eco-profile has been independently measured and verified by respected environmental consultants.”
At today’s product launch, Rita Griffin, BP’s COO, Petrochemicals, said, “Social responsibility and carbon reduction are both high on the public agenda. Retailers and brand owners are seeking more environmentally-friendly solutions that will help reduce the carbon impact of their products and are choosing brands that reflect their concerns for the environment. Through the new BP PTAir product suite and collaboration with our customers and our customers’ customers BP are taking an important step to improving sustainability in the polyester industry and moving towards a lower carbon future.”
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