Value chain partnerships and certified mass balance: key enablers to accelerate the shift toward circular solutions Arkema x AkzoNobel

Mass balance* and value chain partnerships: Key enabler to accelerate the shift towards lower carbon and more circular solutions 

Paint India (February 2024)

Presenter: Chris Miller, Coating Solutions Senior Director of Global Market Development at Arkema and Roger Jakeman, Chief Technology Officer at AkzoNobel

Summary & Key takeaways

• Changing Materials for a more Sustainable Future: To enhance environmental sustainability and reduce our carbon footprint, it is crucial to replace virgin fossil feedstocks with biomass or recycled materials. The mass balance approach accelerates this transition, while robust certification schemes ensure full traceability from feedstocks to end products.
• Designing for a Circular Economy: Focusing on product design and facilitating access to renewable feedstocks are crucial for sustainability, requiring innovative approaches to overcome design challenges.
• Collaboration and Impact Reduction: Promoting partnerships and enhancing cooperation across the value chain are key to advancing sustainability and significantly reducing carbon emissions, facilitating the shift towards a circular economy.

^{*Mass Balance: Mass balance chain of custody is designed to track the total amount of the content in scope through the production system and ensure an appropriate allocation of this content to the finished goods based on auditable bookkeeping. Property conservation principle is set to ensure that the total certified output does not exceed its original input and take into account the appropriate conversion losses and production / assembly ratios. The ISSC+ certification of the whole supply chain guarantees that the origin of the renewable sources meets ISCC+ standards for sustainable feedstocks.}