Supply agreement for sustainable butadiene concluded with Shell

Asahi Kasei to produce solution-polymerized styrene-butadiene rubber using butadiene derived from plastic waste – Supply agreement for sustainable butadiene concluded with Shell
Düsseldorf, 24 November 2021 – Asahi Kasei concluded an agreement with Shell Eastern Petroleum Ltd. (hereinafter „Shell“) on November 23, 2021, regarding the supply of butadiene derived from plastic waste and biomass (hereinafter „sustainable butadiene“). The signing ceremony was held at the „Creating the Plastic Circular Economy in Singapore: Journey from Vision to Reality“ event on Bukom Island, Singapore. Asahi Kasei plans to begin producing and marketing sustainable solution-polymerized styrene-butadiene rubber (S-SBR) using the sustainable butadiene at its plant in Singapore by the end of fiscal 2021 in March 2022.
S-SBR is a type of synthetic rubber used mainly for high-performance fuel-efficient tires (eco-friendly tires). Demand for eco-friendly tires is growing worldwide with stricter environmental regulations and heightened environmental awareness. By enhancing fuel-efficiency performance while maintaining safety performance, S-SBR is recognized as an optimum material for eco-friendly tires. To accelerate efforts for decarbonization to achieve carbon neutrality by 2050, the automotive industry is transitioning to electric vehicles while the tire industry is further improving the fuel-efficiency and wear resistance of tires. Against this background, there is rising demand for greater sustainability of S-SBR as a material for eco-friendly tires.
Asahi Kasei continues to focus on technological developments for high-performance S-SBR products that enable further improvements to fuel efficiency and wear resistance, in order to meet requirements for increased driving range and mass production of electric vehicles. Additionally, Asahi Kasei has sought to transition to sustainable feedstock in order to reduce CO2 emissions throughout its supply chain. Shell will produce sustainable butadiene by mass balance method* in two ways at Bukom, Singapore. The first is a method of converting plastic waste into pyrolysis oil and feeding it to the naphtha cracker, and the other is using bio-feedstock as a naphtha cracker feed.
Asahi Kasei will be the world“s first company to use butadiene derived from plastic waste, and the first Japanese company to use butadiene derived from biomass, for S-SBR production (according to internal research). Throughout the life cycle of tires from materials, production, use (driving), disposal, and recycling, the proportion of CO2 emissions in the case of internal combustion engine vehicles is highest in the use phase. In the case of electric vehicles, in contrast, use-phase emissions are reduced by a wide margin, making emissions from materials such as S-SBR relatively higher. The use of sustainable S-SBR therefore enables a significant reduction in CO2 emissions over the life cycle of tires. Asahi Kasei thus expects to make a significant contribution to reduced CO2 emissions throughout the supply chain through the production of S-SBR using sustainable butadiene.
* In the case of a mixture of sustainable feedstock and petroleum-derived feedstock in the production process for chemical products, an internationally applied method to assign the portion of sustainable feedstock to certain products.
About the Asahi Kasei Corporation
Asahi Kasei Corporation is a globally active diversified technology company with operations in the Material, Homes, and Health Care business. The Material division encompasses fibers & textiles, petrochemicals, performance polymers, performance materials, consumables, battery separators, and electronic devices. The Homes division provides housing and construction materials to the Japanese market. The Health Care division includes pharmaceuticals, medical devices, and acute critical care devices and systems. With more than 44,000 employees around the world, the Asahi Kasei Group serves customers in more than 100 countries and achieved sales of 17.3 billion euros (2,1 trillion yen) in the fiscal year 2020 (April 1, 2020 – March 31, 2021).
Asahi Kasei is „Creating for Tomorrow“ with all operations sharing a common mission of contributing to life and living for people around the world. For more information, visit www.asahi-kasei.eu, www.automotive.asahi-kasei.eu and https://www.asahi-kasei.com/sustainability/
Company Contact Europe
Asahi Kasei Europe GmbH
Sebastian Schmidt
Fringsstrasse 17, 40221 Düsseldorf
Tel: +49 (0) 211-3399-2058
Mail: sebastian.schmidt@asahi-kasei.eu
Press Contact
financial relations GmbH
Henning Küll
Louisenstraße 97, 61348 Bad Homburg
Tel: +49 (0) 6172/ 27159 – 12

Asahi Kasei Corporation is a globally active diversified technology company with operations in the Material, Homes, and Health Care business. The Material division encompasses fibers & textiles, petrochemicals, performance polymers, performance materials, consumables, battery separators, and electronic devices. The Homes division provides housing and construction materials to the Japanese market. The Health Care division includes pharmaceuticals, medical devices, and acute critical care devices and systems. With more than 44,000 employees around the world, the Asahi Kasei Group serves customers in more than 100 countries and achieved sales of 17.3 billion euros (2,106 billion yen) in the fiscal year 2020 (April 1, 2020 – March 31, 2021).

Asahi Kasei is „Creating for Tomorrow“ with all operations sharing a common mission of contributing to life and living for people around the world. For more information, visit:
www.asahi-kasei.co.jp/asahi/en/ and www.asahi-kasei.eu

Company-Contact
Asahi Kasei Europe GmbH
Sebastian Schmidt
Fringsstraße 17
40221 Düsseldorf
Phone: +49 (0)211 3399-2058
E-Mail: Sebastian.Schmidt@asahi-kasei.eu
Url: https://www.asahi-kasei.eu/

Press
financial relations GmbH
Henning Küll
Louisenstraße 97
61348 Bad Homburg
Phone: +49 (0) 6172 27159 12
E-Mail: h.kuell@financial-relations.de
Url: http://www.financial-relations.de

Bildquelle: @Asahi Kasei