Modern Australian
Men's Weekly

.

SIBUR attains the largest portfolio of climate projects among Russian companies

MOSCOW, RUSSIA - Media OutReach Newswire - 11 January 2024 - The Russian Registry of Carbon Units has welcomed three new climate projects by SIBUR implemented at its facilities in Nizhnekamsk, Tomsk, and Dzerzhinsk.

Their implementation is expected to secure a combined GHG reduction of over 6 million tonnes of CO2-eq. until 2032.

According to the Russian Registry of Carbon Units, SIBUR now holds the largest portfolio of projects to reduce СO2 emissions among Russian businesses.

The climate project at Nizhnekamskneftekhim involves utilising the facility's by-products at its own combined cycle gas turbine (CCGT) plant to generate electricity. This helps decrease the consumption of natural gas, ramping down greenhouse gas emissions.

The climate project at Sibur-Neftekhim aims to reduce greenhouse gas emissions by improving energy efficiency in the production of ethylene oxide and glycols. Gas coolers installed in the facility's production area enable the recovery of additional steam from the waste heat generated during the production process, which is then utilised for the production of ethylene oxide and glycols. As a result, the boiler house now consumes less natural gas.

As part of the Tomskneftekhim climate project, the overheated steam from monomer production is directed to a turbine generator. This enables the production of polyethylene using self-generated energy, eliminating the reliance on grid electricity derived from fossil fuel combustion.

All the climate projects have been fully endorsed by validating organisations, including Innopolis University and the CIS Member States Coordination and Information Centre for Regulatory Convergence, that confirmed their compliance with the GOST R ISO 14064-3-2021 standard.

Elena Myakotnikova, Head of SIBUR's Climate Initiatives and Carbon Regulation: "In 2023, SIBUR made remarkable progress in the carbon market. We successfully implemented and validated climate projects at five of our facilities, recorded carbon units in the national registry, and made the first exchange transactions to sell them, helping several companies offset their carbon footprint. Our climate projects meet rigorous quality standards, which results in high demand for SIBUR's carbon units. With this valuable experience, we are committed to strengthening our climate leadership further."

Oksana Gogunskaya, CEO of Kontur, operator of the Russian Registry of Carbon Units: "To date, no other company in Russia has validated such a diverse range of climate projects as SIBUR. As at the beginning of 2024, its climate initiatives account for nearly one third of all the projects recorded in the Russian Registry of Carbon Units. This reflects the Company's steadfast commitment to decarbonisation and its leadership's astute understanding of the promising opportunities presented by the carbon market."

Hashtag: #SIBUR

The issuer is solely responsible for the content of this announcement.

Powering Shepparton’s Businesses: Expert Commercial Electrical Services You Can Count On

When it comes to running a successful business, having reliable, compliant, and efficient electrical systems is non-negotiable. From small retail ou...

Maximise Efficiency: Cleaner Solar Panels for Optimal Performance

Solar panels are a smart investment in energy efficiency, sustainability, and long-term savings—especially here in Cairns, where the tropical sun ...

7 Common Air Conditioner Issues in Melbourne – And How to Fix Them

Image by freepik Living in Melbourne, we all know how unpredictable the weather can be. One moment it’s cold and windy, the next it’s a scorchin...

Powering Palm QLD with Reliable Electrical Solutions

Image by pvproductions on Freepik When it comes to finding a trustworthy electrician Palm QLD locals can count on, the team at East Coast Sparkies s...

The Smart Way to Grow Online: SEO Management Sydney Businesses Can Rely On

If you’re a Sydney-based business owner, you already know the digital space is crowded. But with the right strategy, you don’t need to shout the...

What Your Car Says About You: The Personality Behind the Vehicle

You can tell a lot about someone by the car they drive—or at least, that’s what people think. True Blue Mobile Mechanics reckon the car says a l...

The Confidence Curve: Why Boudoir Photography Is the Empowerment Trend You Didn’t Know You Needed

Boudoir photography has been quietly taking over social feeds, Pinterest boards, and personal milestones—and for good reason. It’s not just abou...

Understanding Level 2 Electricians: Why Sydney Residents Need Licenced Experts for Complex Electrical Work

When it comes to electrical work around the home or business, not all electricians are created equal. In Sydney, particularly when you're dealing wi...

Retirement Anchored in Model Boat Building for Waterford’s Doug Unsold

WATERFORD — When Doug Unsold sees his ship come in, it’s usually one he’s crafted with his own hands. The 67-year-old retiree from Waterford ...

The Science Behind Alarm Clocks and Your Circadian Rhythm

Waking up on time isn’t just about setting an alarm—it’s about working with your body, not against it. At the heart of every restful night and...

How to Use Plants to Create a Calming Atmosphere in Your Home

In today’s fast-paced world, cultivating a calm, soothing environment at home has never been more important. Whether you live in a busy urban apar...

How Maths Tutoring Can Help Students Master Maths

Mathematics can be a daunting subject for many students, often causing stress and frustration. However, maths tutoring has proven to be an effective...

Refurbished iPads Are Better Than New Ones (Here's Why)

Image by rawpixel.com on Freepik Apple's refurbished iPad program has quietly become one of the best deals in tech. While everyone obsesses over the ...

Your Guide to Finding the Right GP: What Perth City Doctors Offer Today

Choosing a General Practitioner (GP) is one of the most important health decisions you’ll make. Luckily, Perth’s vibrant CBD now hosts a new ge...

Why Every Mining Operation Needs a Robust Safety Management System

Mining is one of the backbones of the Australian economy, particularly in Western Australia. Back in 2019-20, mining contributed 10.4% of Australiaâ...

Australian Classic Literature Enjoys Resurgence

Welcome back to the good old days of storytelling! As the modern world becomes increasingly more demanding, returning to childhood favourites offers...

How to Choose the Right Lawyers in Sydney for Your Situation

When faced with a legal issue, selecting the right legal representation can make all the difference. Whether you're dealing with a personal injury, ...

Building a Governance Model for Headless Content Management at Scale

Image by pch.vector on Freepik There's never been a better time to implement a headless content management system (CMS) to gain the flexibility and ...