Our world relies on chemicals – they are in everything from our clothes to cleaning products, food packaging to medicine.

But like transport, the industry was built on fossil fuels and will need to change if society is to reach its net zero goals. 

Chemical manufacturers know how to turn raw materials like oil and gas into the chemical building blocks that are used to make the case for your smartphone or the plastic pipes that deliver clean water to your home. So finding ways to decarbonise chemical manufacturing is essential if the lifestyles that many of us enjoy are to remain sustainable. That doesn’t just mean switching to more renewable forms of power (such as hydrogen) to run chemical plants – although that is important. It also means using more sustainable materials to replace fossil fuels as the ‘feedstocks’ that make the chemicals in the first place.


Pivoting to greener feedstocks 

Our catalysis technology and process design expertise can help. Broadly speaking, our catalysts don’t care about feedstocks – with the right knowhow, chemical reactions can be triggered in anything from natural gas to sugarcane to household waste.

But catalysis is just one part of a very large, complex system that has been built over decades. That means this transition isn’t going to happen overnight. It will take time and investment to build new infrastructure and secure commercial levels of alternative feedstocks. In the first instance, the industry will likely combine fossil fuels with carbon capture and storage. But in the longer term, as governments continue to introduce environmental regulation, carbon taxes and deadlines, we expect to see a dramatic shift.


The future of chemicals, today

And we’ll be ready when it happens. We are already working with others to commercialise a process to convert renewable feedstocks into the chemical, bio-paraxylene which is a key raw material for producing renewable polyester. And our catalysts and technology have been chosen for the world’s first wind to methanol plant in Chile.

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Annual Report 2022

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