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BASF wins contract to supply greenhouse gas reduction technology to PetroChina |
12/06 |
BASF announced it has won a contract to supply nitrous oxide (N2O) reduction technology to PetroChina Company Limited for its adipic acid plant in Liaoyang, China. N2O is produced as a by-product in the manufacture of adipic and nitric acid and has a greenhouse warming potential (GWP) of 310 tons carbon dioxide (CO2) per ton N2O. GWP is a measure of the impact of greenhouse gases on global warming.
BASF's proprietary N2O reduction technology uses catalysts to reduce the N2O emissions of PetroChina's plant by more than ten million tons of CO2 equivalents per year. The catalysts convert N2O into nitrogen and oxygen, which are natural elements of the atmosphere.
"We are delighted that PetroChina has chosen BASF's innovative technology for its plant. We want to set an example in China as a company, whose operations are guided by the principles of sustainable development," said Johnny Kwan, Chairman of BASF Greater China.
BASF will organize a workshop at the upcoming Sino-German CDM event at the Landmark Hotel in Beijing on December 6. The workshop topic will be "Clean development mechanism information exchange in N2O sector in China".
BASF is committed to the goals of the 1997 Kyoto Protocol of reducing relevant greenhouse gas emissions. We want to become even better and have set ourselves the goal of reducing our specific greenhouse gas emissions per metric ton of sales product by 10 percent by 2012 compared with 2002.
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