Trafigura and Braskem have collaborated on what they claim to be the first cargo of carbon offset naphtha. The cargo was shipped last week from Corpus Christi, Texas.
Emissions will be offset through a combination of efficiency measures which reduce emissions, and surrender of high-quality carbon offsets.
Trafigura has also worked with the vessel owner to minimise actual emissions associated with transporting the cargo including by chartering the most energy efficient vessel available at the time of fixing and by agreeing with the ship owner that a speed reduction is made.
Naphtha is a vital component for the plastics industry and this carbon offset cargo, the first of its kind, demonstrates the potential to reduce upstream supply chain emissions for non-combustible plastics. We believe this could be an important additional step in the industry’s efforts to minimise emissions
stated Dmitri Croitor, Global Head of Naphtha and Condensates, Trafigura.