The plastic value chain faces two key challenges：controlling plastic waste and reducing greenhouse gas emissions. The chemical industry has a unique role to play in addressing these challenges. Cooperation between upstream and downstream partners is essential to develop solutions that reduce plastic pollution and emissions in plastic production. SABIC（Saudi Basic Industries Corporation）is at the forefront of these efforts.
SABIC has set specific goals, including a commitment to achieve carbon neutrality（碳中和） by 2050. To realize this goal, the company has outlined a Carbon Neutrality Roadmap that focuses on five pathways：energy efficiency；renewable energy；electrification；carbon capture, usage and storage（CCUS）；and green/blue hydrogen.
Recognizing the scale of the challenges, SABIC understands that progress cannot be made alone. The company actively cooperates through initiatives, such as the Low — Carbon Emitting Technologies（LCET） initiative, where chemical companies work together to accelerate the development of technology solutions for carbon neutrality.
Partnerships are also vital in addressing plastic waste. SABIC is a founding member of the Alliance（联盟） to End Plastic Waste, an organization that brings stakeholders（利益相关者） from across the value chain together to take collective action on the ground. The alliance works towards a future where plastic products never end up in landfills or oceans, but instead are reused or transformed into new products. SABIC is also actively involved in driving the transition from a linear to a circular carbon economy. As responsible plastic producers, SABIC recognizes the importance of offering sustainable materials to customers.
Although the chemical industry has made significant progress, there is still more work to do to achieve the goals. SABIC is already making progress on the complex, long—term effort required and will continue to partner with others to increase the solutions needed to push meaningful change.
