An innovative carbon reduction project initiated by Saudi Basic Industries Corporation (SABIC) at its manufacturing affiliate, Al-Jubail Fertilizer Company (Al-Bayroni), has been registered by the executive board of the Clean Development Mechanism (CDM).

The CDM initiative encourages reduction of greenhouse gas emissions responsible for climate change. SABIC’s Boiler Optimization Project at Al-Bayroni will run for 10 years and reduce Al-Bayroni’s CO2 emissions by more than 400,000 tons per annum by utilizing new technologies that cut greenhouse emissions and energy consumption.

Commenting on this ground-breaking initiative, Mohamed Al-Mady, SABIC vice chairman and CEO, said: “Our Boiler Optimization Project has once again demonstrated our strong commitment to a low-carbon economy for sustainable development, clean environment and a better tomorrow.”

Prior to registration by the executive board of the CDM, the project was reviewed and approved by the National Committee for CDM, presided over by Prince Abdulaziz bin Salman, assistant minister of petroleum and mineral resources for petroleum affairs.

The CDM project cycle is highly complex in its nature and requires technical and sustainability expertise, adherence to transparency, advanced corporate governance and high EHSS standards. It puts the project proponents under local and international scrutiny.