Subsidiary Tongsuh Petrochemical becomes the first acrylonitrile manufacturer in Asia to acquire ISCC PLUS certification

NEW YORK--(BUSINESS WIRE)--#acrylonitrile--Asahi Kasei, a diversified Japanese multinational company, announces that on October 21, 2021, Tongsuh Petrochemical Corp., Ltd. (TSPC), a wholly owned subsidiary in South Korea, acquired the widely recognized international certification ISCC PLUS¹ for its acrylonitrile (AN) as a sustainable product, and production of AN using biomass propylene is scheduled to begin in February 2022.

AN is used as a raw material to make ABS resin, acrylamide, acrylic fiber, and various other chemical products. Recent demand growth has been particularly robust in the applications of carbon fiber as a material to reduce the weight of wind turbine blades, etc., and nitrile rubber for medical gloves whose use is expanding due to heightened awareness for hygiene.

In order to achieve carbon neutrality by 2050, measures to reduce CO? emissions throughout the product chain of fossil fuel-derivatives are gaining momentum, and AN customers are increasingly seeking to manufacture products using AN with low CO? emissions in order to contribute to GHG reduction. Under these circumstances, Asahi Kasei and TSPC sought to reduce CO? emissions across the AN supply chain, and in October 2021, TSPC became the first AN manufacturer in Asia to acquire ISCC PLUS certification. The certification system enables TSPC to produce and sell AN using biomass raw material allocated by the mass-balance method². TSPC is scheduled to begin producing AN using biomass propylene in February 2022.

In order to contribute to society�s carbon neutrality, the Asahi Kasei Group will continue efforts to further reduce CO? emissions by improving the AN catalysts and processes based on original technologies as well as the procurement of biomass raw material, aiming to be a global sustainable partner for its customers.

¹ ISCC (International Sustainability and Carbon Certification) is an international certification system that offers solutions for the implementation and certification of waste and residue raw materials, non-bio renewables and recycled carbon materials and fuels. ISCC PLUS is a certification system that covers mainly bio-based carbon materials which are produced outside the EU and supplied globally, and to manage and ensure sustainable raw materials in the supply chain.

² In the case of a mixture of biomass raw materials, etc., and fossil fuel-derived raw materials in the production process, the portion of biomass product, etc., produced is assigned to certain products (biomass AN) based on ISCC PLUS System Documents and its recognized management methods.

Sustainability at Asahi Kasei

https://www.asahi-kasei.com/sustainability/

About Asahi Kasei

The Asahi Kasei Group contributes to life and living for people around the world. Since its foundation in 1922 with ammonia and cellulose fiber businesses, Asahi Kasei has consistently grown through the proactive transformation of its business portfolio to meet the evolving needs of every age. With more than 40,000 employees around the world, the company contributes to a sustainable society by providing solutions to the world's challenges through its three business sectors of Material, Homes, and Health Care. For more information, visit www.asahi-kasei.com.

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ATTN: Jonathan Todd

Asahi Kasei America, Inc.

[email protected]
https://www.asahi-kasei.com