Decarbonizing Petrochemicals - A Collaborative Cross-Sector Effort

The decarbonization of the petrochemical industry, essential due to its significant climate impact, requires multi-sector collaboration. Driven by sustainability mandates from end-use companies and regulatory policies, multiple pathways including bio-based feedstocks, enhanced recycling, steam cracking electrification, and carbon capture are being explored. These efforts necessitate substantial investment and robust policy support to achieve net-zero emissions by 2050.