Topsoe has set an ambitious plan to reduce its customers’ greenhouse gas emissions by 12 million tons this year and intends to continue working in the same direction for the coming years. The reductions will mainly come from Topsoe’s renewable fuels business.
Kgs. Lyngby/Denmark – Topsoe’s technologies are set to reduce its customers’ greenhouse gas emissions by 12 million tons in 2022 alone. These reductions will not be one-offs but ongoing for the years to come. The key driver is Topsoe’s renewable fuels solutions, producing low-carbon fuels from waste and biomass.
Roeland Baan, CEO at Topsoe, commented: “Effectively reducing carbon emissions requires a coordinated effort from individual countries, companies and citizens. At Topsoe, we are ready to take the lead in accelerating those efforts. We have made it our mission to reduce our customers’ emissions by 12 million tons this year, and we will continue this work beyond 2022. Renewable fuels like renewable jet fuel and diesel are vital components in solving the net zero equation, to transform the global economy into one that is not dependent on fossil fuels.”
The 12 million tons target is equivalent to removing c. 8 % of the emissions from the EU’s entire aviation industry.
The reductions will primarily come from Topsoe’s renewable fuels business. The company sees a growing demand for renewable and low-carbon solutions from the heavy-duty transport sector as well as from the aviation and shipping sectors.
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The key driver of Topsoe’s renewables fuels business is its patented Hydroflex technology, which can produce renewable gasoline, jet fuel and diesel from almost any feedstock, including waste-fractions, tall oil, used cooking oil, animal fats, and vegetable oils.
Topsoe also has a leading position in ‘blue’ technologies, where CO2 from the production of hydrogen and ammonia is captured and stored safely underground, and in developing Power to X-solutions enabling decarbonization of the hard to abate-sectors such as steel, cement, and mining from electrolysis.
The 12 million tons target
Greenhouse gas emissions are measured as carbon dioxide equivalents, or CO2
To be categorized as reductions in 2022, the projects need to have reached certain stages of maturity during 2022.
In 2021, the firm succeeded in reducing its customers’ emissions by c. 10 million tons.
Stand vom 23.03.2021
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