Taking bold steps in the fight against climate change
Oil and Gas News|October 2024
SABIC is steadfast in its commitment to combat climate change, engaging in innovative partnerships and initiatives that drive sustainability across the globe.
ABDULAZIZ KHATTAK
Taking bold steps in the fight against climate change

With a focus on creating a circular economy for plastics, the company is actively involved in several key collaborations aimed at reducing environmental impact and fostering responsible resource management.

One significant initiative is the Alliance to End Plastic Waste (AEPW), launched in early 2019 with the support of 20 founding members, including SABIC.

This alliance seeks to harness innovation and scale up solutions that promote sustainable practices in the plastic industry.

It brings together some of the world's foremost companies from the chemical, plastic, consumer goods, and waste management sectors, all united in their commitment to advancing AEPW's mission.

SABIC's engagement within the alliance is robust, with representation on the board and participation in regional strategic and implementation task forces.

In 2023, AEPW further expanded its impact by partnering with Lombard Odier Investment Managers (LOIM) to establish the Circular Plastics Fund.

هذه القصة مأخوذة من طبعة October 2024 من Oil and Gas News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 2024 من Oil and Gas News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من OIL AND GAS NEWS مشاهدة الكل
MAINTCON to drive resilience in asset management
Oil and Gas News

MAINTCON to drive resilience in asset management

THE 7th International Maintenance, Reliability, and Asset Management Conference (MAINTCON 2024), being held from October 13-16 at Exhibition World Bahrain, is set to be a landmark event in the industry.

time-read
1 min  |
October 2024
Honeywell, Samsung E&A to reduce power plant emissions
Oil and Gas News

Honeywell, Samsung E&A to reduce power plant emissions

HONEYWELL and Samsung E&A have announced a joint marketing initiative to reduce carbon emissions in the global power plant sector. The initiative aims to combat climate change and align Honeywell's portfolio with three megatrends, including the energy transition.

time-read
1 min  |
October 2024
New EPIC Flex Orbit System boosts downhole completion
Oil and Gas News

New EPIC Flex Orbit System boosts downhole completion

GEODYNAMICS, a global leader in perforating, downhole completion, intervention, and wireline conveyed solutions, has launched its EPIC Flex Orbit Perforating System.

time-read
1 min  |
October 2024
MHI upgrades its CO2MPACT series
Oil and Gas News

MHI upgrades its CO2MPACT series

MITSUBISHI Heavy Industries (MHI) has renewed its CO2MPACT series, a commercially available decarbonisation solution for various industries.

time-read
1 min  |
October 2024
Viking Completion finishes gas project in Germany
Oil and Gas News

Viking Completion finishes gas project in Germany

VIKING Completion Technology, a leading supplier of well completion equipment and services, has completed a significant gas storage project in Germany.

time-read
1 min  |
October 2024
Sanicro 35 alloy offers strong structural stability
Oil and Gas News

Sanicro 35 alloy offers strong structural stability

ALLEIMA has introduced Sanicro® 35, a super austenitic alloy that bridges the gap between conventional stainless steels and higher-cost nickel alloys.

time-read
1 min  |
October 2024
ROC is advancing energy with Congo LNG
Oil and Gas News

ROC is advancing energy with Congo LNG

THE Republic of the Congo (ROC) is making significant strides in its energy sector, with the successful start-up of its Congo LNG development and Moho Nord field expansion project.

time-read
1 min  |
October 2024
ANPG and Sonangol launch Kwanza Basin campaign
Oil and Gas News

ANPG and Sonangol launch Kwanza Basin campaign

ANGOLA'S National Oil, Gas & Biofuels Agency (ANPG) and national oil company Sonangol have launched a 45-day geological data acquisition campaign in the onshore Kwanza Basin to identify the country's largely unexplored hydrocarbon potential.

time-read
1 min  |
October 2024
Namibia's O&G sector is Africa's next big play
Oil and Gas News

Namibia's O&G sector is Africa's next big play

NAMIBIA, a nation known for its stunning landscapes and abundant wildlife, is rapidly emerging as a top destination for oil and gas exploration and investment.

time-read
1 min  |
October 2024
Fossil fuels revenue loss could cost Africa: Paper
Oil and Gas News

Fossil fuels revenue loss could cost Africa: Paper

IN a recent commentary, Dr Oramah, President and Chair of Afreximbank presented a nuanced view on the urgent need for climate action in Africa while acknowledging the continent's reliance on fossil fuels.

time-read
1 min  |
October 2024