Infineum to spend USD20 million yearly to optimise facilities and reduce carbon emissions
Infineum, one of the leading suppliers of petroleum additives to the fuels and lubricants industry, said it plans to invest USD20 million annually on capital improvements to its manufacturing facilities over the next 10 years to optimise facilities and reduce its carbon emissions.
The capital investment will support its net zero ambition from its owned and operated assets for scope 1 and 2 emissions by 2050.
Infineum’s broad range of applications spans across various industries, including automotive (cars, trucks, motorcycles), electric and hybrid vehicles, marine shipping and gas engines, crude oil refining, and mining. The company’s presence in Asia is led by its state-of-the-art manufacturing plant in Jurong Island, Singapore, which has played a vital role in producing Infineum’s products for the region since 1982. Infineum opened its China Business Technology Center in Shanghai in 2014, and its blending plant in Zhangjiagang, China, in 2016, enabling the company to serve customers in the wider Asia region.
Infineum said it has made positive strides towards its sustainability goals in Singapore. Its Singapore manufacturing plant has made significant progress in optimising the centrifuge of its calcium sulphonate unit. Calcium sulphonates are used in engine oil, metalworking fluid, automatic transmission fluid, industrial and automotive gear oil additives. The optimisation has led to a 75% reduction in water consumption, resulting in savings of 48 cubic meter (m3) per day, according to the UK-based company.
Another area of focus in Singapore is refrigerant control. In 2022, the company achieved an 80% reduction in refrigerant losses. This corresponded to more than 8,000 metric tons of carbon dioxide equivalent (Mt Co2e) in greenhouse gas (GHG) emission savings across its manufacturing plants.
These achievements demonstrate the company’s alignment with Singapore’s environmental stewardship, as well as the United Nations Sustainability Development Goals (UNSDG), the company said.
Infineum also shared that it has successfully integrated sustainable design into its additive products. The company evaluates new product developments using sustainability criteria and strives to accelerate environmental and social improvements throughout its value chain.
Earlier this month, Infineum published its 2022 Sustainability Report, which provides an update on the progress the company has made against its goals.
