MOSCOW (MRC) -- Huntsman Corporation announced its production site in Monthey, Switzerland has implemented a mass balance concept and achieved REDcert2 certification, said the company.
The certification covers the production of epoxy resins products used in a variety of consumer and industrial markets.
Mass balance refers to the mixing of fossil fuels and renewable or recycled raw materials into existing systems and production processes, while rigorously tracking their quantities and translating them into mass balance units, which are digitally attributed to specific products. A third party then certifies and confirms the recycled or renewable content of final products. Mass balance simultaneously empowers customers to reach their sustainability targets while reducing our own environmental footprint.
“We have chosen to implement the Mass Balance Concept to reduce the environmental impact of the products and solutions we provide to our customers,” said Philippe Christou, Head of Environmental & Technology Intelligence for Huntsman’s Advanced Materials division. “We assist our clients in achieving their goals through the option to intentionally select a product with a carbon footprint that is substantially lower than the average of the global market. This concept enables customers to save a significant proportion of CO2 emissions without compromising on performance, while avoiding costly re-qualifications."
The Monthey site is the first Huntsman production facility to receive REDcert2 certification.
We remind, Huntsman completed the USD593m sale of its Textile Effects division to Archroma, a company owned by the private-equity firm SK Capital Partners. Archroma was set up by SK Capital Partners in 2013 after acquiring the textile chemicals, paper specialties and emulsions businesses from Swiss producer Clariant in 2013. It has about 3,000 employees in 25 facilities globally.