At the 2023 FlexPO+ (now incorporated into the ADI Forum), Manuel Diaz, Senior Analyst, ADI Analytics, shared ADI’s insights on decarbonizing chemicals in plastics and polymers during the specialty and performance polymers panel. Companies in chemicals, advanced materials, and packaging were committing to net zero goals, investing heavily in decarbonization. Their strategies included using alternative feedstocks, electrifying processes, capturing and utilizing CO2, and leveraging digital transformation for emission reduction. While bio-based feedstocks were gaining traction, their methane emissions upon degradation highlighted the complex nature of achieving true net zero.
Decarbonizing the energy-intensive chemical industry was a major challenge. However, captured CO2 can be transformed into valuable products like carbon monoxide, building aggregates, or polymers. Innovation in these CO2 utilization pathways would be key, demonstrating that emissions can be a resource.
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ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy transition, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
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