Date: 12 Jan 2022
Bangkok – 12January 2022SCG Chemicals announced the progress of its Green Polymer business, with four SCG Chemicals companies recently being certified with the International Sustainability and Carbon Certification "ISCC PLUS" granted by International Sustainability and Carbon Certification (ISCC), making it the first company in Thai petrochemical industry to receive ISCC throughout the whole supply chain. This certification demonstrates that SCG Chemicals' high-quality post-consumer recycled resins are environmentally friendly, with an effective management process based on the circular economy concept and a commitment to reducing greenhouse gas emissions. They also meet the requirements of ESG (Environmental, Social, and Governance) to create tangible sustainability for the world while also meeting the needs of businesses, brand owners, and environmentally conscious consumers.
Companies under SCG Chemicals certified with the International Sustainability and Carbon Certification are Circular Plas Company Limited, RIL 1996 Company Limited, Map Ta Phut Olefins Company Limited, and Thai Polyethylene Company Limited. All four companies are involved in the supply chain for SCG GREEN POLYMERTM's high-quality post-consumer recycled resins.
Tanawong Areeratchakul, CEO and President of SCG Chemicals, said, "SCG Chemicals has consistently expanded its circular economy business in line with the company's strategic direction of ‘Chemicals Business for Sustainability’ to address new business challenges and comply with the United Nations' Sustainable Development Goals (SDGs) and ESG (Environmental, Social, and Governance) guidelines. SCG Chemicals is the first company in Thai petrochemical industry to earn ISCC PLUS certification for the whole supply chain, which adheres to its circular economy roadmap. The International Sustainability and Carbon Certification, or ISCC PLUS, will assist customers and environmentally conscious consumers in ensuring the quality of SCG Chemicals' high-quality post-consumer recycled resins.
ISCC PLUS is given to recognize the entire process of producing high-quality post-consumer recycled resins, covering the whole supply chain from start to finish. The process begins with RIL 1996 Company Limited managing the sourcing and collection of post-consumer plastics, then moves on to Advanced Recycling to transform post-consumer plastics into recycled feedstock for the petrochemical business operated by Circular Plas Company Limited, and finally to plastic resins manufacturing by Map Ta Phut Olefins Company Limited and Thai Polyethylene Company Limited. The entire process ensures that plastic resins are generated through the recycling process throughout the whole supply chain, with traceability and mass balance approach at every stage from upstream to downstream businesses.
"The high-quality post-consumer recycled resin from this production process can fulfill the rising demand of the global market, particularly brand owners who seek eco-friendly plastic materials to boost competitiveness and customers who look for products that promote sustainability," Tanawong concluded.
About Four Companies under SCG Chemicals Certified by ISCC PLUS
RIL 1996 Company Limitedis certified with ISCC PLUS in the scope of Collecting Point for supplying post-consumer plastics to operators to produce recycled feedstock for petrochemical business.
Circular Plas Company Limitedis certified with ISCC PLUS in the scope of Processing Unit – Pyrolysis Plant for recycling post-consumer plastics with advanced recycling technology into Circular Naphtha.
Map Ta Phut Olefins Company Limitedis certified with ISCC PLUS in the scope of Co-processing Plant – Cracker Plant for receiving Circular Naphtha and Fossil feedstock to produce Circular Product such as Circular Ethylene and Circular Propylene.
Thai Polyethylene Company Limitedis certified with ISCC PLUS in the scope of Processing Unit – Polymerization Plant at PP3 for receiving Circular Ethylene and Circular Propylene to produce Circular Polypropylene.
ISCC, or International Sustainability and Carbon Certification, is a globally recognized certification system. ISCC is an independent organization governed by the ISCC Association that offers certification with a high-standard system that includes strict sustainability compliance and traceability across the value chain. The primary goal is to promote sustainable development.