Perstorp releases whitepaper on RE‑carbonizing chemicals to break fossil dependence in Europe
From medicines and clothing to appliances and mobile phones, most products essential to modern life rely on chemicals and carbon atoms as fundamental building blocks.
RE-carbonizing chemicals requires that we replace these fossil carbon atoms with carbon from sustainable sources, such as biogenic, recycled waste and CO2. Sustainable carbon is scarce compared to demand, and current regulations favor other sectors such as fuels and energy, leaving the chemical industry at a disadvantage. To maximize resource efficiency, sustainable carbon should be prioritized for sectors with no viable alternatives and where it delivers the greatest value, such as chemicals.
We need an efficient regulatory framework
An efficient regulatory framework that enables the chemical industry to RE-carbonize is critical for building a sustainable value chain from chemicals to end products on the market. Beyond reducing climate emissions, such a framework could:- Drive economic growth and innovation.
- Strengthen European competitiveness in global markets.
- Reduce dependency on fossil imports.
The cornerstone of such a transformation is creating stronger demand for sustainable products, which will send market signals that shift raw material and creates value throughout the value chain.
Europe is leading the way
Part of the Clean Industrial Deal is the Chemical Industry Action Plan, a comprehensive initiative by the European Union to regain the competitiveness for its chemical industry. The aim is to create a regulatory framework that fosters strong demand for sustainable products and chemicals, making Europe a leader in sustainable chemicals bringing investments and competitiveness to the industry.Perstorp has just released a whitepaper and analysis on important aspects of such a regulatory framework and some suggestions how it could look like.
Do you want to learn more about RE-carbonization and proposed policies? Download the whitepaper here.