SIBUR seeks Turkish carbon credit partners at COP31

Russian petrochemical holding SIBUR aims to expand cooperation with Türkiye in carbon markets, renewable energy and low-carbon technologies at the COP31 climate conference in Antalya.

Russian petrochemical company SIBUR intends to use the UN climate change conference COP31, taking place in Antalya, Türkiye, to develop cooperation with Türkiye. In a written statement from the company provided to Anadolu Agency, SIBUR said the cooperation would cover carbon markets, renewable energy, low-carbon technologies and new partnerships with Turkish companies.

The company views COP31 primarily as a platform for exchanging experience and identifying new areas of cooperation.

15 million carbon credits

SIBUR's portfolio includes 15 climate projects with a potential of around 15 million carbon units, more than 5 million of which have already been verified. The company has completed more than 50 carbon-unit transactions, including direct sales, exchange operations and emissions offsetting. The ZapSibNeftekhim project alone has the potential to reduce emissions by 3 million tonnes of CO2 equivalent; around 2.5 million units from the project have already been verified.

Участники COP31 на площадке конференции в Анталье

Supplies to Türkiye

In 2024, SIBUR supplied Turkish companies Ünal Sentetik and Abdioğulları with 350 and 1500 tonnes of polypropylene, respectively, with partially offset carbon footprints. The company noted that following the entry into force of Türkiye's national emissions trading system regulations in August, emissions calculations, product carbon footprints and supply-chain requirements had become common topics for industry in the two countries.

In 2025, SIBUR produced and purchased 66.7 thousand MWh of "green" electricity and plans to at least double this volume by 2030. According to the company, processing 19.3 billion cubic metres of associated petroleum gas in 2025 prevented emissions of around 68 million tonnes of CO2 equivalent.

Photo: Anadolu, TRT Haber

SIBUR seeks Turkish carbon credit partners at COP31

Russian petrochemical holding SIBUR aims to expand cooperation with Türkiye in carbon markets, renewable energy and low-carbon technologies at the COP31 climate conference in Antalya.