CHEMICAL TECHNOLOGY

First Carbon Launches its MintCarbon.io Channel on the Discord Social Media Platform

First Carbon Corp. | December 24, 2021

First Carbon Corp. a developer of a proprietary, decentralized, carbon credit non-fungible token onboarding platform, is pleased to provide the details for the launch of its MintCarbon.io channel on the Discord social media platform. MintCarbon.io is the Company’s user-friendly interface that is being developed to enable carbon offset holders to easily convert their credits into highly customizable and ERC-1155-compliant NFTs. With the launch of the MintCarbon.io channel on Discord, an endless number of carbon offset holders, investors and other parties interested in the community can now chat directly with MintCarbon.io operators.

Discord is a free, secure and rapidly growing voice, video and text-based communication application currently used by more than 46 million users each month. The integration of Discord into the MintCarbon.io ecosystem will create a community through which users can talk about NFT values, carbon offset pricing trends, and the securitization of carbon offset markets. This is expected to evoke valuable discussion and community input, while generating significant traffic towards MintCarbon.io’s proprietary minting platform and digitized token offerings.

Leveraging the power of the blockchain and the low-emission, Ethereum-powered Polygon network, the NFTs minted on MintCarbon.io will be able to be listed for trading on decentralized marketplaces such as Opensea.io. Every customised NFT is being planned to be embedded with unique characteristics and may potentially represent millions of tonnes of carbon dioxide.

Management Commentary
"A first-of-its-kind in the carbon credit industry,” said Mo Yang, CEO of First Carbon, “the MintCarbon.io Discord channel now enables offset holders, individuals and other stakeholders to chat directly with our platform’s operators, ask them questions, offer input and receive feedback on the minting and selling of carbon credit NFTs.”

 “Building a global and connected MintCarbon.io community is an important component of our big picture strategy. We believe that Discord, as one of the fastest growing online communities in the world, will play a critical role in help us to achieve critical mass.”

Derek McKenzie, Chief Operating Officer of First Carbon

About First Carbon Corp.
First Carbon Corp is a next generation technology platform company focused on democratizing tokenized access to carbon credits and ESG solutions. Its flagship platform MintCarbon.io offers carbon offset holders an onramp to the blockchain by enabling the minting of carbon credits into decentralized NFTs on the low-emission Polygon network. MintCarbon NFT’s are powered by Ethereum and tradeable on global decentralized platforms based on the blockchain. The ERC1155-compliant tokens are to be backed by real, verified carbon credits, providing increased transparency, liquidity and security in carbon offset trading.

MintCarbon makes it easier for companies to take part in the global effort to reduce their impact on the environment. Benefits of the platform include: Permission-less global trading on decentralized trading platforms operating 24/7/365; Secure and easy access for investors into an emerging asset class; Access to a growing pool of capital in the cryptocurrency markets; Programmable functionality through smart contracts and composable primitives that enable new types of capital formation and trading; and a reliable framework designed to increase the flow of capital into carbon reduction initiatives, helping underfunded environmental companies and projects.


Spotlight

Inquide, within the industrial division of Fluidra, it is responsible for developing solutions and chemicals products for pool water treatment. Products that have such dangerous reactions should not be stored together. This reaction involves the use of potassium permanganate.


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CHEMICAL MANAGEMENT

Asahi Kasei to Start Providing Carbon Footprint Data for Synthetic Rubber and Elastomers

Asahi Kasei | May 13, 2022

Asahi Kasei, a diversified Japanese multinational company, has developed a system to calculate the carbon footprint of products for the synthetic rubber and elastomers products Asadene™, Tufdene™, Asaprene™, Tufprene™, Asaflex™, Tuftec™, and S.O.E.™ with CFP data provision to customers scheduled to begin in June 2022. CFP visualization is achieved utilizing the DEEP3 group-wide management infrastructure as a part of the System, which also enables examination of ways to further reduce CFP. The Asahi Kasei Group made efforts to strengthen the business platform for sustainable growth from the viewpoint of Green, Digital, and People in its previous medium-term management plan, Cs+ for Tomorrow 2021. In its new medium-term management plan, announced on April 11, 2022, Green Transformation is positioned as one of the key areas for strengthening the management foundation, and Asahi Kasei is advancing reductions of its own GHG emissions as well as contributions to reducing the world’s GHG emissions for the realization of carbon neutrality. Therefore, from the perspective of GHG emissions reduction, Asahi Kasei has sequentially advanced the calculation of CFP for each product starting with the main products, and information provision to certain customers has begun. As part of the effort to accelerate Green Transformation, Asahi Kasei has begun procuring butadiene derived from plastic waste and biomass as feedstock for solution-polymerized styrene-butadiene rubber a material for eco-friendly tires4. The System clarifies the CFP for each synthetic rubber and elastomer product, which allows customers to calculate their own CFP. This furthermore facilitates initiatives to reduce CFP throughout the supply chain as well as in society as a whole. As various regulations related to CFP such as carbon taxes are introduced, CFP data will continue to rise in importance. The System also allows various parameters of the CFP data such as span and scope to be tailored to meet the diverse needs of customers. In addition to using the System to visualize CFP, Asahi Kasei will continue to proactively strive toward the carbon neutrality of its synthetic rubber and elastomer products, including the use of sustainable feedstocks and green electricity, and efforts to obtain ISCC certification5. For the CFP calculation by the System, the Life Cycle Inventory database of “IDEAv2.3”, Inventory Database for Environmental Analysis, provided by Sustainable Management Promotion Organization and the emissions intensity database provided by the Japanese Ministry of the Environment are used. Data sources are scheduled to be extended. CFP is quantitatively calculated by combining the total GHG emissions from the entire life cycle of products and services, from raw material procurement to disposal and recycling, and then converting the figure into the equivalent amount of CO2. Asahi Kasei’s CFP calculation is based on “Cradle-to-Gate” assessment, which combines upstream emissions of materials and transportation, emissions from in-house manufacturing processes, and energy-related emissions such as electricity used during manufacturing. Please refer to the press release dated May 12, 2022: Asahi Kasei establishes group-wide data management infrastructure Please refer to the press release dated November 24, 2021: Asahi Kasei to produce solution-polymerized styrene-butadiene rubber using butadiene derived from plastic waste ISCC is an international certification system that offers solutions for the implementation and certification of waste and residue raw materials, non-bio renewables and recycled carbon materials and fuels. ISCC PLUS is a certification system that covers mainly bio-based carbon materials which are produced outside the EU and supplied globally, and to manage and ensure sustainable raw materials in the supply chain. About the Asahi Kasei Corporation The Asahi Kasei Group contributes to life and living for people around the world. Since its foundation in 1922 with ammonia and cellulose fiber businesses, Asahi Kasei has consistently grown through the proactive transformation of its business portfolio to meet the evolving needs of every age. With more than 44,000 employees around the world, the company contributes to a sustainable society by providing solutions to the world's challenges through its three business sectors of Material, Homes, and Health Care. Its Materials sector, comprised of Environmental Solutions, Mobility & Industrial, and Life Innovation, includes a wide array of products from battery separators and biodegradable textiles to engineering plastics and sound solutions.

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CHEMICAL MANAGEMENT

Carbon Streaming Provides Investment Pipeline and Corporate Update

Carbon Streaming | April 25, 2022

Carbon Streaming Corporation is pleased to provide an update on its investment pipeline as the Company continues to build a diversified portfolio of high-quality carbon streaming investments around the globe. Indonesia Update The Indonesian government has temporarily paused validation of carbon credits from projects on the Verra Registry as it seeks to finalize its national carbon policy. The Company maintains a carbon stream investment in the Rimba Raya Biodiversity Reserve Project which may be impacted by this temporary pause. Rimba Raya was among the first Verra registered REDD+ projects and has forged a long history of success, having over 31.8 million verified carbon credits issued by Verra since 2013. Jim Procanik, Managing Director of InfiniteEARTH Limited added his thoughts, "As we understand it, the Indonesian government is poised to release its national carbon policy framework, and as such, the Ministry of Environment & Forestry has asked industry participants to pause further project validations. Given that the term "validation" indicates the first audit of a new project, we have no reason to believe this applies to InfiniteEARTH's Rimba Raya project since it has over 12 years of history with multiple verifications behind it.” Mr. Procanik continued, “While Rimba Raya had its sixth verification audit scheduled, in consideration of the potentially imminent regulations, we will synchronize the timing of that audit to conform to the signing of the new regulations. Regulations in the carbon sector are rapidly developing, for example, at the end of 2021, PT Rimba Raya received a renewed concession license under the new rules. We continue to cooperate and communicate with the MOEF to ensure that our activities are in compliance with the dynamic regulatory landscape, and we remain in good standing. We are very pleased with the regulatory progress and welcome the clarity it will bring the carbon sector in Indonesia." “We welcome the Indonesian government’s leadership in establishing a parallel national carbon registry and expect to see more of this from host countries as governments seek to set and achieve their own Nationally Determined Contribution. We remain patient and respectful of the MOEF’s process and are encouraged by Rimba Raya’s recently renewed license.” Carbon Streaming Founder and CEO Justin Cochrane Mr. Cochrane further affirmed, “We also applaud Verra for implementing several new initiatives and tools to streamline its credit issuance process to ensure timely verification of carbon credits and to reduce the backlog that currently exists for new and existing projects. Carbon Streaming continues to expect delivery of Rimba Raya carbon credits in calendar year 2022.” Listing Update The Company continues to advance towards a potential listing of its common shares and listed warrants on The Nasdaq Stock Market LLC. Listing of the Company's common shares and listed warrants on Nasdaq remains subject to the approval of Nasdaq and the satisfaction of all applicable listing and regulatory requirements. Following receipt of all required approvals, the Company will issue a news release announcing its first trading date on Nasdaq. About InfiniteEARTH InfiniteEARTH is a Hong Kong-based project development company that develops and manages conservation land banks and provides environmental offsets and corporate social responsibility solutions to companies across the globe. The company was formed in 2008 with the goal of creating the Rimba Raya Project, a 64,500-hectare peat forest in Central Kalimantan, Indonesia. Rimba Raya is one of the world’s largest REDD+ projects. The project eradicates deforestation, promotes conservation of local wildlife and sells carbon credits based on the carbon rich forest which was previously gazetted for conversion to palm oil. InfiniteEARTH’s projects focus on the preservation of endangered species habitat, High Conservation Value and High Carbon Stock Forests, and National Parks through the creation of social and physical buffer zones. All projects are designed to meet the UN Sustainable Development Goals by funding sustainable development in rural communities through capacity building, transfer of low-impact technologies such as solar and fuel-efficient cookstoves, aquaponics, agro-forestry models, and social benefits programs such as health care and early childhood education materials. About Carbon Streaming Carbon Streaming is a unique ESG principled company offering investors exposure to carbon credits, a key instrument used by both governments and corporations to achieve their carbon neutral and net-zero climate goals. Our business model is focused on acquiring, managing and growing a high-quality and diversified portfolio of investments in projects and/or companies that generate or are actively involved, directly or indirectly, with voluntary and/or compliance carbon credits. The Company invests capital through carbon credit streaming arrangements with project developers and owners to accelerate the creation of carbon offset projects by bringing capital to projects that might not otherwise be developed. Many of these projects will have significant social and economic co-benefits in addition to their carbon reduction or removal potential.

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CHEMICAL MANAGEMENT

Owens Corning to Acquire Spray Foam Manufacturer Natural Polymers

Owens Corning | June 22, 2022

Owens Corning announced that it has signed an agreement to acquire Natural Polymers, LLC, an innovative manufacturer of spray polyurethane foam insulation for building and construction applications, based in Cortland, Illinois. The transaction is subject to regulatory approvals and other customary conditions and is anticipated to close in the third quarter. “This acquisition advances Owens Corning’s strategy to strengthen our core building and construction products and expand our addressable markets into higher-growth segments. Natural Polymers’ proven technology enables us to offer our customers a more diversified insulation product portfolio and solidify our commitment to provide long-term, sustainable solutions.” Todd Fister, president of Owens Corning’s Insulation business Natural Polymers is dedicated to the development of high-quality products and systems, offering some of the lowest-volatile organic compound products available in the spray foam industry today. Many of the business’ products are GREENGUARD Gold Certified by Underwriter’s Laboratories – a third party standard set to help reduce indoor air pollution and the risk of chemical exposure. “Over the last several years, we’ve seen many advancements in the overall spray foam industry, from standardized installer training to product enhancements that make the material a much more attractive solution,” said Mr. Fister. “Natural Polymers’ focus on product development provides Owens Corning with a foundation upon which we can use our material science knowledge to drive innovation and differentiate the business.” Natural Polymers expects to deliver sales of approximately $100 million in 2022. The business has demonstrated a strong track record of above-market growth and is expected to continue to achieve double-digit growth over the next several years. Benjamin Brown, President and Chief Executive Officer of Natural Polymers, stated, “I am excited by this transaction and believe Owens Corning is best suited to accelerate the business’ growth, benefiting our customers and supporting our vision to build the best spray polyurethane foam brand in the industry. Together, I believe we have the best people, technology, and capabilities.” About Owens Corning Owens Corning is a global building and construction materials leader committed to building a sustainable future through material innovation. Our three integrated businesses – Composites, Insulation, and Roofing – provide durable, sustainable, energy-efficient solutions that leverage our unique material science, manufacturing, and market knowledge to help our customers win and grow. We are global in scope, human in scale with approximately 20,000 employees in 33 countries dedicated to generating value for our customers and shareholders, and making a difference in the communities where we work and live. Founded in 1938 and based in Toledo, Ohio, USA, Owens Corning posted 2021 sales of $8.5 billion.

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CHEMICAL MANAGEMENT

Synthos Selects Sopheon as Innovation Management System for its Newly Acquired Facility in Germany

SOPHEON | February 18, 2022

Sopheon today announced that Synthos Group, the world’s leading manufacturer of synthetic rubber, has agreed to deploy Sopheon’s Accolade innovation system in one of its production plants, Synthos Schkopau GMBH. Serving over 3,000 customers in more than 100 countries, Synthos is one of the global leaders in the chemical industry, offering products in a wide range of industries, including transportation, agriculture, packaging and construction. The company’s development strategy includes, among others, a commitment to produce 100% sustainable products by 2030. Sopheon provides industry leaders like Synthos with a single innovation system that helps chemical companies automate new product development (NPD) and align research and development (R&D), processing and commercialization. Methodology agnostic, Sopheon’s Accolade is a highly scalable solution that supports exceptionally large portfolios with thousands of projects and thousands of users across multiple regions. “Shifting innovation and new product development priorities toward processing chemicals that fit with the circular economy can be a significant challenge for some chemical companies. But Synthos is proving to be a leader in the industry march forward. By providing a single source of truth that brings transparency to information and processes, Sopheon Accolade’s centralized system will assist Synthos in promoting best practices for new product development, improving process automation and compressing the time it takes to get renewable products to market.” Greg Coticchia, CEO of Sopheon Enriched by experience with hundreds of long-standing, blue-chip customers, Sopheon provides the ability to control and manage innovation and new product development programs and pipelines more effectively and efficiently. Sopheon solutions deliver an innovation decision command center that gives companies complete visibility, smarter decision-making and better time to value. ABOUT SOPHEON Sopheon partners with customers to provide complete Enterprise Innovation Management solutions, including software, expertise, and best practices to achieve exceptional long-term revenue growth and profitability. Sopheon’s Accolade solution provides unique, fully integrated coverage for the entire innovation management and new product development life cycle, including strategic innovation planning, roadmapping, idea and concept development, process and project management, portfolio management, and resource planning. Sopheon’s solutions have been implemented by over 250 customers with more than 60,000 users in over 50 countries. Sopheon is listed on the AIM Market of the London Stock Exchange.

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Spotlight

Inquide, within the industrial division of Fluidra, it is responsible for developing solutions and chemicals products for pool water treatment. Products that have such dangerous reactions should not be stored together. This reaction involves the use of potassium permanganate.

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