DUBAIUnited Arab Emirates, December 5, 2023 /PRNewswire/ — Wanhua Chemicalsparticipated in the 2023 United Nations Climate Change Conference (UNFCCC COP28) having been detained since November 30 to December 12, 2023In Dubai. Mr. Liao Zengtai, President of Wanhua Chemical, introduced the company’s commitment to consolidating double carbon goals, sharing practical energy consumption and carbon reduction models, and introducing innovative green chemical technology and product solutions to address global sustainability challenges.
“The most crucial aspect of sustainable development is the protection of the environment for human survival. Wanhua is committed to peaking carbon no later than 2030 and striving for carbon neutrality by 2048, contributing to the broader global sustainability agenda. » Mr. Liao Zengtai said.
Wanhua’s strategic approach to reducing carbon emissions is to accelerate production and operational efficiency through technological innovation and equipment process optimization. Key initiatives include:
Zero carbonization of electricity
- Investment in clean energy projects to achieve more than 50% clean electricity in all industrial parks by 2030.
- Wanhua industrial parks in China aim for 100% clean electricity by 2040, with a projected annual emissions reduction of 37 million tonnes of CO2 after project implementation.
Energy decarbonization
- Recycling waste heat using innovative technologies saves 2.6 million tonnes of coal per year.
- Transforming low-quality thermal energy into high-quality thermal energy, reducing carbon dioxide emissions by 6.7 million tons and ensuring the heating of 100 million square meters of homes.
Innovative carbon reduction
- Introduction of the world’s first fluidized bed reactor for recycling hydrogen chloride, reducing hydrochloric acid production by 300,000 tonnes per year and saving 1.4 billion kWh/year.
- MDI waste brine circulation technology with 100% recycling rate, reducing carbon dioxide emissions by 140,000 tons per year.
Wanhua Chemical actively develops and promotes green solutions for the industry, making significant progress through its cutting-edge innovations which include:
Green solutions
- Bio-based products with more than 90% bio-based content reduce production energy consumption by 20% and carbon emissions by 30-50%.
- Use of recycled plastic through mechanical and chemical recycling methods. Through the use of PCR materials, the recycling of plastic buckets and automotive lamp resources has been carried out in terms of mechanical recycling, thus providing these materials with a further life cycle. With a focus on chemical recycling, Wanhua Chemical has put forward technology that recycles polyurethane foam and plastic particles, promoting a circular recycling model with emphasis on materials, production and recycling ecological.
Wanhua Chemical also formulates and propagates sustainable methodologies to help the ecological metamorphosis of the industrial chain:
Driving the transformation of industrial applications
- Supporting new energy industries, such as wind power, photovoltaics and green hydrogen, with hardware solutions for energy harvesting, storage and applications to reduce reliance on traditional energy.
- Development of polyurethane materials for the construction industry to meet higher energy saving requirements.
- Eco-Friendly Recycling Packaging to Build a New Business Ecosystem, Wanhua Chemical Set to Reduce CO Emissions2 of 100,000 tonnes of emissions and saving more than 250,000 mature trees each year thanks to 1.5 million cycles of shared pallet use. The company also reported a 500% increase in shared packaging turnover and a 40% decrease in the use of disposable plastic. In addition, processing 10,000 tonnes of packaging waste each year should further reduce CO emissions.2 emissions of 4,000 tonnes.
Wanhua will continue to adhere to its corporate social responsibility, caring for the community, women and children. The company is committed to strengthening its sustainability investments and practices, using chemistry to create a sustainable and better future for humanity.
SOURCE Wanhua Chemical
