ARKEMA REDUCES ITS GREENHOUSE GAS EMISSIONS (GHG) RELATED TO ACRYLIC PRODUCTS

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Mar 11, 2024, 11:40 ET

COLOMBES, France, March 11, 2024 /PRNewswire/ -- Arkema, a global leader in acrylic solutions, is proud to announce its partnership with the carrier ISMERT, part of the MGE Group, to address the challenge of reducing transportation emissions. As the world shifts towards decarbonization, the two companies are taking proactive steps here to reduce by more than 80% the greenhouse gas (GHG) emissions associated with acrylic product transportation.

"Through this partnership with ISMERT, we aim to contribute to reduce our customers' Scope 3 emissions with a lower carbon footprint transportation for road shipments in a few European countries in a first step of implementation" said Hervé Castres Saint Martin - Global Group President Acrylic Monomers "This project is another stride to support Arkema newly reinforced climate plan and strong commitment to decarbonization across the value chain."

"We are proud to collaborate with Arkema and support them with their carbon emissions reduction roadmap ambition. Exploring alternatives to traditional diesel fuel, such as renewable fuel derived from waste materials, reduces GHG emissions during transportation by over 80%." said Virginie Ismert - General Manager "This transition to renewable diesel contributes to a more circular economy by repurposing wastes into valuable resources Furthermore, it enhances the environmental footprint of road transportation by decreasing by 65% the fine particle emissions compared to conventional diesel."

This initiative complements Arkema's commitment to reduce transportation emissions including optimizing routes, utilizing intermodal shipments, and exploring other alternatives to diesel fuel.

Building on its unique set of expertise in materials science, Arkema offers a portfolio of first-class technologies to address ever- growing demand for new and sustainable materials. With the ambition to become in 2024 a pure player in Specialty Materials, the Group is structured into 3 complementary, resilient and highly innovative segments dedicated to Specialty Materials - Adhesive Solutions, Advanced Materials, and Coating Solutions - accounting for some 91% of Group sales in 2022, and a well-positioned and competitive Intermediates segment. Arkema offers cutting-edge technological solutions to meet the challenges of, among other things, new energies, access to water, recycling, urbanization and mobility, and fosters a permanent dialogue with all its stakeholders. The Group reported sales of around € 11.5 billion in 2022, and operates in some 55 countries with 21,100 employees worldwide.