New initiative aims to replace fossil with renewable carbon

  • Date: 24-Sep-2020
  • Source: Trade Arabia
  • Sector:Industrial
  • Country:GCC
  • Who else needs to know?

New initiative aims to replace fossil with renewable carbon

The Renewable Carbon Initiative (RCI), formed by 11 leading companies from six countries, aims to support and speed up the transition from fossil carbon to renewable carbon for all organic chemicals and materials.

More than 100 well-known experts support the initiative personally. Companies, start-ups and institutes are welcome to join the initiative as a member.

The first eleven pioneer companies to become a member of the RCI and form the Core Advisory Board are: Beiersdorf (Germany), Cosun Beet Company (The Netherlands), Covestro (Germany), Henkel (Germany), LanzaTech (USA), Lenzing (Austria), NESTE (Finland), SHV Energy (The Netherlands), Stahl (The Netherlands), Unilever (UK) and UPM (Finland).

RCI addresses the core problem of climate change, which is largely related to extracting and using additional fossil carbon from the ground. The vision is stated clearly: By 2050, fossil