Celanese Receives American Chemistry Council's 2024 Sustainability Leadership Award for Achievements in Circularity [Yahoo! Finance]
MITSUI & CO LTD ADR (MITSY)
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Source: Yahoo! Finance
American Chemistry Council's (ACC) 2024 Sustainability Leadership Award, which recognizes exemplary products, technologies and initiatives that help advance sustainability. Celanese earned the award in the "Circularity" category for its active carbon capture and utilization (CCU) project at its Clear Lake, Texas, manufacturing site as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd. The project is expected to capture 180,000 metric tons of carbon dioxide (CO2) industrial emissions and produce 130,000 metric tons of low-carbon methanol annually. "Our vision at Celanese is to improve the world and everyday life through our people, chemistry and innovation and this award is a huge honor for us," said Lori Ryerkerk, CEO of Celanese. "This CCU project is a strong example of how our talented teams are using the building blocks of chemistry to create a new solution that is now helping our customers reach sustainability goals and targets that were previously out of reach
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