Sustainability Report 2023

Energy

We support access to affordable and clean energy, and we work to advance renewable energy opportunities, optimize energy consumption and minimize energy intensities. We believe renewable energy is one of many promising pathways to achieve our carbon intensity goal.
SDG #7, Affordable and Clean Energy

Our company purchases energy in the form of fuel, electricity and steam. Additionally, our manufacturing facilities leverage fuels created as a by-product during operations to generate energy on site. Supporting carbon intensity reductions and improving other air emissions performance is made possible by long-standing programs at CPChem focused on reliability and energy management.

In 2023, CPChem’s equity global energy consumption equaled 211 million MMBtu, and energy intensity totaled 5,378 Btu/lb. of product on an operated basis in 2023. CPChem’s total energy consumption increased in 2023, in part due to increases in both fuel consumption and production figures. CPChem’s manufacturing teams continuously seek out opportunities to increase efficiency across our facilities and boost energy performance. Showing impressive resolve, employees brought forth ideas and enhancements that helped CPChem decrease its energy intensity by 3% compared to the prior year.

Energy Consumption*

* Energy consumption totals are reported on an equity basis and represent wholly owned operations, with the exception of Performance Pipe, and the equity stake for facilities where CPChem has only partial equity ownership, with the exception of AmSty and CPChem owned owner operations in Borger, Texas. Reported electricity consumption is reported as a net value and represents a mix of renewable and non-renewable sources. CPChem currently procures electricity from local utility grids and cogeneration facilities and does not currently procure or generate electricity directly from renewable sources, outside of those supplied to local utility grids. The compilation of our energy consumption data is consistent with the methods used by American Chemistry Council (ACC) for the ACC Energy Efficiency and Greenhouse Gas Annual Survey.
** Energy intensity is reported on an operated basis and represents 100% stake for wholly owned operations, with the exception of Performance Pipe.

Energy Best Practice Teams

CPChem empowers local Energy Best Practice Teams to improve energy performance and initiate energy reduction projects. Team leaders routinely meet to share best practices, celebrate success, and challenge each other to creatively meet company energy goals. We experienced strong improvements in energy efficiency in 2023, receiving two awards from the American Chemistry Council for energy performance at our U.S. sites.

A part of a facility site (Photo)
Saving Significant Energy

Polyethylene assets at CPChem's Old Ocean facility, reduced energy consumption per pound of product by 9.4% compared to 2022, 17% below a three-year average. These savings represent a reduction of 677,000 MMBtu and 35,000 MT of CO2e compared to 2022. Energy reductions were achieved by optimizing steam and fuel consumption in equipment and operations.

A part of a facility site at night (Photo)
Installing Results

In 2023, CPChem's Orange facility continued to improve its energy performance through the installation of variable frequency drives (VFDs) on cooling towers, reducing electricity needs. The site also revamped its steam trap maintenance program and implemented a system to optimize repairs using a web-based tool. As a result, energy intensity at the site decreased 3.1% per pound of product.

Local Energy Best Practice Teams use a facility-level energy intensity index calculation to standardize benchmarking and monitoring efforts while tracking annual progress toward energy reduction goals. Along with running efficiently, unit outages, reliability, and capacity utilization continue to be factors in energy performance. CPChem recorded energy intensity indexes of its three main regions where CPChem operates facilities as 0.80 (Europe), 0.94 (Singapore) and 0.97 (United States).

Explore our Performance Data to learn more about energy performance at CPChem.

Energy Index and Energy Intensity by Region

0.8 0,7 0.9 1.0 0.6 2019 2020 2021 2022 2023 Energy index* (Singapore operations) Energy index* (Europe operations) Energy index* (U.S. operations)
* Energy index compares a facility’s performance to a baseline year. The majority of CPChem facilities use 2008 as the baseline year.

Renewable Energy

CPChem sees exceptional potential in renewable energy as a significant contributor to achieving the company’s carbon intensity goal. We have made strategic investments to accelerate growth in this industry, and we will look to sources of renewable energy for an increasing portion of our energy use on our path to 2030 and beyond.

Photovoltaic panels (Photo)
A collage of two picutres. One shows a male employee in working clothes, helmet and protective glasses. The other one shows a photo of a coast at sunset

Climate Change

Climate Change
A collage of two pictures. One shows an employee in a communication center with a walkie-talkie. The other one shows the top view of a container ship in a loading area

Performance Data Tables

Performance Data Tables

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