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.

Bu hikaye Oil and Gas News dergisinin October 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Oil and Gas News dergisinin October 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

OIL AND GAS NEWS DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Ocean light pollution has been invisible for too long
Oil and Gas News

Ocean light pollution has been invisible for too long

Scientists increasingly understand the damage done by artificial light and action is needed now, says Thomas Davies of the Global Ocean Artificial Light at Night Network

time-read
4 dak  |
November 2024
NSK tapered roller bearings selected for wind turbines
Oil and Gas News

NSK tapered roller bearings selected for wind turbines

EUROPEAN wind turbine manufacturer NSK is set to use high-load-capacity tapered roller bearings in its 15 MW class offshore wind turbines.

time-read
1 min  |
November 2024
Syensqo launches extrudable PPS for sustainable piping
Oil and Gas News

Syensqo launches extrudable PPS for sustainable piping

SYENSQO has introduced Ryton PPS XE-5000NA, the first grade of an innovative extrudable polyphenylene sulfide (PPS) technology.

time-read
1 min  |
November 2024
Aspen Technology launches Microgrid Management System
Oil and Gas News

Aspen Technology launches Microgrid Management System

ASPEN Technology has introduced the AspenTech Microgrid Management System (MMS), a solution for heavy electrical power requirements in industries like refining, chemicals, and mining.

time-read
1 min  |
November 2024
Adnoc Gas uses 3D printing for replacement parts
Oil and Gas News

Adnoc Gas uses 3D printing for replacement parts

ADNOC Gas has developed a digital library of critical components for the energy industry, which can be manufactured on demand using advanced 3D printing technology.

time-read
1 min  |
November 2024
Africa's O&G growth offers logistics opportunities
Oil and Gas News

Africa's O&G growth offers logistics opportunities

THE African Export-Import Bank has signed a $162.9 million financing agreement with port infrastructure firm APD-Cameroon to support the construction of a $232.8 million port terminal in Douala in June 2024.

time-read
1 min  |
November 2024
APPO chief urges African unity against EU carbon tax
Oil and Gas News

APPO chief urges African unity against EU carbon tax

DR Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organisation (APPO), delivered a powerful message at the AOW - Investing in African Energy conference, calling for a unified African front in the global energy landscape and warning against the detrimental effects of the European Union's planned carbon border adjustment mechanism (CBAM).

time-read
1 min  |
November 2024
UNOC to develop East African Crude Oil Pipeline
Oil and Gas News

UNOC to develop East African Crude Oil Pipeline

THE Uganda National Oil Company (UNOC), in partnership with TotalEnergies, CNOOC, and the Tanzania Petroleum Development Corporation, is leading the development of the East African Crude Oil Pipeline (EACOP), a 1,443km infrastructure project linking Uganda's Tilenga and Kingfisher oilfields to Tanzania's Port of Tanga.

time-read
1 min  |
November 2024
Angola to award 15 new concessions by year-end
Oil and Gas News

Angola to award 15 new concessions by year-end

THE National Oil, Gas & Biofuels Agency (ANPG) – Angola’s concession aire and regulator – announced that 15 new concessions will be awarded in Angola before the end of 2024.

time-read
2 dak  |
November 2024
Rosatom accelerates African nuclear development
Oil and Gas News

Rosatom accelerates African nuclear development

ROSATOM, Russia's state-owned nuclear corporation, is accelerating African nuclear development by supporting the construction of nuclear energy facilities, capacity building, mining activities, and regulatory support.

time-read
1 min  |
November 2024