Clariant Collaborates with OMV for Supply of Ethylene with Lower Carbon Footprint

Decarbonization Clariant Collaborates with OMV for Supply of Ethylene with Lower Carbon Footprint

2024-07-31 Source: Press release Clariant 2 min Reading Time

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Clariant and OMV have entered into a letter of intent to accelerate the transition towards renewable carbon in the European ethylene supply chain. With this move, Clariant aims to expand its bio-based ethylene oxide derivatives portfolio with renewable low-carbon footprint ethylene from OMV.

Clariant and OMV have announced their intended collaboration for the supply of ethylene with a lower carbon footprint. (Source: Clariant) — Clariant and OMV have announced their intended collaboration for the supply of ethylene with a lower carbon footprint.
(Source: Clariant)

Vienna/Austria – Clariant and OMV have announced their intended collaboration for the supply of ethylene with a lower carbon footprint. In response to increasing consumer demand for more sustainable options, and with a particular focus on Europe, this partnership will help both companies meet their sustainability targets and deliver on the carbon reduction strategies of their customers.

“We are continuously working on solutions for our customers’ journeys towards the use of lower carbon footprint ethoxylates and this cooperation is an important step forward to reach this goal,” said Christian Vang, Business President Care Chemicals and Americas, Member of the Executive Steering Committee at Clariant. “Renewable low-carbon footprint ethylene from OMV will enable us to grow our bio-based ethylene oxide derivatives portfolio, as well as strengthen the supply chain with production in Europe, for Europe.”

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For Clariant this is another step on its journey towards supporting their global customer base with low carbon footprint ethoxylates. Since 2022, Clariant has successfully been serving its customers worldwide with segregated bio-based ethoxylates through Clariant India Glycols Specialty Company (CISC).

“There is a broad application base for ethylene oxide and derivatives, and we are dedicated to enabling sustainable transformations for our customers as well as for OMV. By fostering the supply of circular feedstock, we are reinforcing our commitment to a circular economy and sustainability. This agreement is an important contribution to the progress we are making towards our Strategy 2030 ambitions,” said Daniela Vlad, Executive Vice President Chemicals and Member of the Executive Board of OMV.

Clariant and OMV plan to explore and develop new strategies to meet sustainability targets in the ethylene supply chain. As part of this cooperation, both companies will share their research findings, adopt a Life Cycle Assessment (LCA) methodology for unified approaches and define detailed CO2 reduction roadmaps. This will include the joint analysis of collaboration potential for the Ethanol-to-Ethylene (E2E) technology.

Beyond the sustainability targets of Clariant and OMV, this agreement will facilitate cooperation towards meeting the CO2 reduction roadmaps of industry stakeholders throughout Europe.

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