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Climate Change Strategy and Target Climate Change Governance Climate Change Risks and Opportunities Climate Partnership

GHG Reduction Initiatives

GC has introduced numerous projects that reduce greenhouse gas emissions (scope 1 and 2) in order to lessen climate change impact with focus on three aspects, namely 1) energy conservation and energy efficiency enhancement, 2) use of clean energy, such as alternative energy and combined power generation in tandem with implementation of carbon capture technology, and 3) application of new technology, such as hydrogen, etc.

In addition, GC has invested in the development of energy storage technology using high-performance battery. This initiative will play an important role in enhancing the capacity of clean energy technology. Accordingly, GC has invested in ESS inc., which is listed on the New York Stock Exchange (NYSE) under the ticker symbol GWH.

For more detail of Open Innovation

Raw CO2 Trading Project

GC has initiated the Raw CO2 Trading Project with the entrepreneur by using carbon dioxide as a raw material in the production of Sodium Carbonate, in order to reduce greenhouse gas emissions. This project is accordance with the Circular Economy Concept, in which carbon dioxide emission from the manufacturing process is being used as a new raw material in other industry.

Intensive Capacity Building on Internal Carbon Pricing & Green Investment for Key Stakeholders of GHG Mitigation

GC has collaborated with leading government and private organizations of Thailand to conduct a training program on Internal Carbon Pricing and Green Finance for the industrial sector. The training program aims to respond to stakeholder expectation in tackling climate change through a tripartite cooperation on the Application of Industry-urban Symbiosis and Green Chemistry.

GC has target to reduce energy consumption and greenhouse gas emissions by

million tons CO2 equivalent by 2025

Energy Conservation and Enhancement on Energy Efficiency Projects

Installation of Gas Turbine Generator and Heat Recovery Steam Generator at Utilities Plant

GC has carried out a project to enhance the overall efficiency of the utilities plant (U-P1). The project uses new machinery with enhanced efficiency to reduce fuel consumption and lower CO2 emissions rate from the use of fuel in power generation.

Investment (million baht) 95.5
Reduction of Energy Consumption (GJ per year) 94.4
Reduction of GHG Emissions (tons CO2 equivalent per yea) 97.1
Reduction of Costs (million baht per year) 57.5
More details on Energy Conservative Programs

Clean Energy Projects

Maptaphut Integration (MTPi)

GC has conducted the Maptaphut Integration (MTPi) Project to maximize the efficiency of energy and utilities management. Furthermore, it features integrated waste management that helps to reduce loss during transportation, decrease greenhouse gas emissions and manage waste utilization with effectiveness.

One of the project’s goals is encouraging the use of alternative energy, which is in line with the principles of circular economy and GC’s sustainability guidelines in dealing with the changing global context and climate. As a result, various projects were conceived, including Floating Solar Panels and Solar Rooftops. An installation plan for each area is clearly determined based on the conditions and timeframe agreed upon with the contract parties. At present, GC has installed solar rooftops in 14 plants and 3 offices, yielding a cumulative production capacity of 19 megawatts. The Solar Rooftop Project began in 2020 and will be completed in 2027. Meanwhile, the Floating Solar Panels Project will be finalized in 2022.

More detail

New Technology Projects

Development of Model to Control the Reactor in the Production Process

GC has upgraded the efficiency of technology in its production process and cut down CO2 emissions by studying, developing and applying advance analysis technology to build a model that controls the reactor in the production process in a suitable condition. This has resulted in higher production output while requiring less reactants and energy. Moreover, it contributes to lowering CO2 emissions. GC plans to conduct further studies and extend this project to other production processes.

Investment (million baht) 0*
Reduction of Energy Consumption (GJ per year) 20,000*
Reduction of GHG Emissions (tons CO2 equivalent per yea) 1,200*
Reduction of Costs (million baht per year) 18.0**

* Internal Development
**Data from preliminary assessment

Study and Development of Using Membrane Technology for Organic Solvent Separation

GC has studied and developed membrane technology to replace the use of organic solvent distillation in the Aromatics production process. This will help to reduce energy consumption in the production process and decrease CO2 emissions. GC plans to further apply such technology to other production units.

Investment (million baht) 100*
Reduction of Energy Consumption (GJ per year) 60,000*
Reduction of GHG Emissions (tons CO2 equivalent per yea) 4,200*
Reduction of Costs (million baht per year) 22.0**

* Data from preliminary assessment

Online Chemical Cleaning for Convection Coil of Fired Heaters

Innovation has been applied to the process of cleaning fired heaters; offline cleaning has been replaced with online cleaning using chemicals to clean up soot on the convection coil while the heater is in operation. As a result, GC has cut down energy consumption and produced more steam, helping to save up to 24 million baht per year in related expenses. In 2022, GC will expand the project which is expected to contribute to an additional cost-saving of approximately 30 million baht per year.

Investment (million baht) 2021: 5.3
2022: 3.5*
Reduction of Energy Consumption (GJ per year) 2021: 59,506
2022: 64,103*
Reduction of GHG Emissions (tons CO2 equivalent per yea) 2021: 5,665
2022: 6,018*
Reduction of Costs (million baht per year) 2021: 24.0
2022: 30.0*

*Data from preliminary assessment

By-Product / Waste Upgrading

GC has studied and developed the use of appropriate technology to dispose of contaminants in waste and by-products from Olefins production process while maximizing their value. This has contributed to reducing CO2 emissions as a result of the lower amount of waste destined for disposal and the transformation of by-products into high-value chemicals. GC has further plans to apply this technology to other production units.

Investment (million baht) 43
(Internal development)
Reduction of Energy Consumption (GJ per year) 10,000*
* Data from preliminary assessment (scope 3)
Reduction of GHG Emissions (tons CO2 equivalent per yea) 30.0*
* Data from preliminary assessment

CO2 Utilization

GC has studied CO2 utilization in the production of various product groups, such as Chemical Polymer and Ingredient, etc.

Estimated Investment (million baht) 10,000
Reduction of GHG Emissions (tons CO2 equivalent per yea) 200,000 tons CO2 per year

As a result of diverse greenhouse gas emissions reduction projects, GC’s cumulative greenhouse gas emissions reduction is as follows:

Cumulative greenhouse gas emissions reduction between 2020 and 2021

tons CO2 equivalent