Russian company Sibur aims to improve climate cooperation with Türkiye at COP31

In the statement made to the AA correspondent from Sibur, it was stated that the company will share its climate projects, experience in the carbon credit market and energy efficiency technologies with international participants within the scope of the 31st Conference of the Parties (COP31) to the United Nations (UN) Framework Convention on Climate Change.

The statement emphasized that COP31 is seen as an important opportunity to establish new partnerships with Turkish companies and said, "COP31 is primarily an opportunity for us to share experience and find new areas of cooperation, including our Turkish partners." The expression was used.

In the statement, it was stated that the regulation for Türkiye's national emissions trading system came into force in August, and that calculation of emissions, carbon footprint of products and environmental requirements in supply chains have become common issues for the industries of the two countries.

Cooperation with Turkish companies is aimed in carbon credits

It was stated that Sibur has 15 climate projects in its portfolio that have the potential to create approximately 15 million carbon credits, and more than 5 million of them have been verified and are ready for market transactions.

It was stated that the company has made more than 50 transactions with carbon credits to date, including direct sales, stock exchange transactions and emission balancing mechanisms.

In the statement, it was stated that the climate project at Sibur's ZapSibNeftekhim facility has the potential to reduce emissions equivalent to 3 million tons of carbon dioxide, and approximately 2.5 million carbon credits within the scope of the project were verified by Europe-based Verico SCE.

It was stated that the final verification phase of the project is expected to be completed in December 2026 and all carbon credits will be released to the market.

In the statement, it was stated that Sibur is already cooperating with Turkish companies on reducing their carbon footprint, and it was informed that in 2024, 350 and 1500 tons of carbon footprint partially balanced polypropylene shipments were made to Ünal Sentetik and Abdioğulları companies, respectively.

Cooperation opportunities with the aviation industry will be evaluated

In the statement, it was stated that cooperation opportunities for the aviation sector within the scope of COP31 will also be evaluated, and it was pointed out that the Carbon Offset and Reduction Scheme for International Aviation (CORSIA) creates a demand for carbon credits that meet the specified conditions.

It was reported that the solar power plant project at Sibur's POLIEF facility creates an opportunity to offer carbon credits to Russian and international airline companies, that the project has been recorded in the international GCC 2.0 carbon credit registry and is still in the credit creation phase before verification.

In this context, it was stated that the aim is to discuss the conditions for the international recognition and use of carbon credits created in Russia with airline companies and other sector representatives at COP31.

Searching for new partnerships in the field of renewable energy

In the statement, which also touched upon Sibur's renewable energy investments, it was stated that the amount of green electricity produced and purchased by the company in 2025 was 66.7 thousand megawatt hours, and that this amount is aimed to be at least doubled by 2030.

It was stated that the company operates 3 solar power plants in Russia, and it was noted that there is interest in developing joint projects with Turkish companies on energy efficiency, renewable energy and low-carbon production technologies.

In the statement, it was noted that Sibur prevented the emission of greenhouse gases equivalent to approximately 68 million tons of carbon dioxide by processing 19.3 billion cubic meters of natural gas produced during oil production in 2025.

In the statement, it was stated that the company aims to achieve carbon neutrality in terms of direct and energy-based indirect emissions in its 2 production facilities by 2030, and that experiences in decarbonizing the industry and international carbon market mechanisms within the scope of Article 6 of the Paris Agreement will be discussed at COP31.