DUNN-EDWARDS COLLABORATES WITH CELANESE TO BRING CARBON CAPTURE AND UTILIZATION-BASED PAINT TO THE U.S.
Rhea-AI Summary
Dunn-Edwards has partnered with Celanese (NYSE: CE) to introduce Carbon Capture and Utilization (CCU) technology in architectural coatings for the U.S. market. This first-to-market initiative aims to reduce greenhouse gas emissions by using captured CO2 in paint production.
The process involves capturing industrial CO2 emissions at Celanese's Clear Lake, Texas facility to create vinyl acetate-based emulsions, a key component in architectural paints. The implementation is projected to utilize over 2 million pounds of captured CO2 annually, equivalent to the CO2 consumption of 800 acres of forest per year.
The collaboration aligns with Dunn-Edwards' greener by design® commitment, offering products that maintain performance while reducing environmental impact. The CCU technology uses mass-balance accounting to track the mixture of CCU and fossil-fuel based feedstocks.
Positive
- First-to-market position in U.S. architectural coatings with CCU technology
- Significant environmental impact with 2 million pounds of CO2 capture annually
- Maintains product performance while improving sustainability metrics
Negative
- Still partially dependent on fossil-fuel based feedstocks
- to one production facility in Clear Lake, Texas
News Market Reaction 1 Alert
On the day this news was published, CE gained 5.72%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The collaboration introduces a first-to-market pathway to sustainable architectural coatings by minimizing the effects of greenhouse gas emissions with Carbon Capture & Utilization.
"Carbon Capture and Utilization can improve the sustainability of a range of essential chemistries by reducing the carbon footprint of the binder and creating circular options for waste CO2," said Kevin Norfleet, Global Sustainability Director at Celanese. "Working with Dunn-Edwards to launch CCU in architectural coatings brings an improved choice for
Celanese uses CCU technology at its Clear Lake,
Using CCU resin technology in Dunn-Edwards manufactured paints is projected to utilize over 2 million pounds of captured CO2 annually. According to the
"Now more than ever, we're committed to providing professionals and consumers with products that excel in both performance and sustainability, and this collaboration is an exciting step in furthering that priority," said Tim Bosveld, VP of Product Management at Dunn-Edwards. "We're honored to be the first architectural coatings manufacturer in the
By embracing innovative technologies, Dunn-Edwards is working to provide professionals and consumers with products that utilize CCU technology, which aligns with the company's greener by design® commitment of minimizing adverse impacts on material resources and environmental quality while maintaining the same levels of performance and quality customers expect in coatings.
To learn more about Dunn-Edwards greener by design commitment and advancements, including the implementation of CCU technologies from Celanese, please visit dunnedwards.com/environment.
About Dunn-Edwards Corporation
Dunn-Edwards – Apply a Higher Standard. Dunn-Edwards is one of the nation's leading manufacturers and distributors of premium architectural, industrial, and high-performance paints, coatings, and paint supplies. It operates over 170 company stores in
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We are committed to sustainability by responsibly managing the materials we create for their entire lifecycle and are growing our portfolio of sustainable products to meet increasing customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation employs more than 11,000 employees worldwide with 2024 net sales of
Media Contact: Margaret Sutton, margaret@margaretsuttonpr.com
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SOURCE Dunn-Edwards Corporation