Huntsman’s European Polyurethanes Plants Achieve Mass Balance Certification
Rotterdam and Wilton facilities confirmed as operating to ISCC PLUS standard
Rotterdam, The Netherlands – Huntsman’s Rotterdam and Wilton, UK manufacturing facilities have achieved the International Sustainability & Carbon Certification (ISCC PLUS) for mass balance following audits by Bureau Veritas.
ISCC PLUS is a global sustainability certification system that makes it possible to track the amount and sustainability characteristics of circular and/or bio-based content in the value chain and attribute it via the mass balance approach based on verifiable bookkeeping.
With ISCC PLUS certification, Huntsman can now offer its customers methylene diphenyl diisocyanate (MDI) that has been manufactured based on mass balance principles, which can help reduce the attributed carbon footprint of customers’ products.
Steen Weien Hansen, Vice President Europe at Huntsman Polyurethanes, said: “Across all the industries we serve, demand for products that have a lower carbon footprint is rising – particularly for solutions that are linked to bio-based or recycled feedstock and can contribute to a circular economy. Chemistry by its nature is complex, combining a variety of raw materials. The mass balance approach gives us the ability to verify the sustainable inputs we use in our products and so improve their sustainability footprint. Throughout our business, we’re taking steps to transform our portfolio and lower the impact of our manufacturing. Our ISCC PLUS certification is further evidence of that commitment.”
Customers that are interested in finding out more about mass balance certified products from Huntsman should contact: polyurethanes_eu@huntsman.com.
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About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2022 revenues of approximately $8 billion from our continuing operations. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 60 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 7,000 associates within our continuing operations. For more information about Huntsman, please visit the company's website at www.huntsman.com
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Forward-Looking Statements:
Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed under the caption "Risk Factors" in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman’s operations, including any delay of, or other negative developments affecting the ability to implement cost reductions, timing of proposed transactions, and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.
Released March 6, 2023