Transforming Chemicals

Transformation of the most widely used chemicals | critical factors

Ammonia: scaling up the use of green hydrogen production, with smaller roles for blue hydrogen and alternative pathways like methane pyrolysis and biomass-based hydrogen
Methanol: replace natural gas with a clean energy source such as green hydrogen or biomass; use synthetic CO2; capture process emissions
High-value chemicals like plastics: use alternative production methods such as bio-ethanol dehydration; capture and store cracker emissions; and increase recycling to reduce the need for virgin plastic production

Global burden of ammonia production

Industry-endorsed strategy for ammonia

In 2022, we developed an Ammonia Sector Transition Strategy in collaboration with a diverse set of industry leaders. This provides a shared vision for a clean ammonia future, modelling of pathways, real economy milestones and the industry, policy and finance actions required to get there. Assumptions have not been updated since publication, but the STS still represents a quantitative reference point.

Sector Transition Strategy documents

Report | Making net-zero ammonia possible 

Industry-backed 1.5°C aligned transition strategy download

Pathways to net zero interactive modelling
Model code github

Sponsored by: Energy Transition Commission, RMI, We mean business Coalition, World Economic Forum

Global Project Tracker | latest in-depth data

Further reading | Chemicals

Events

Steel’s Transformation Moment │ coming soon – 13 August

20 Jul 2026

APAC│Events│steel

13 August 2026 | Korean Chamber of Commerce and Industry

Mission Possible Partnership and the Korea Chamber of Commerce and Industry are hosting a dialogue on the core enabling conditions needed to commercialise low-carbon steel production in Korea.

Insights

Europe’s ETS windfall should fund clean industry market making

16 Jul 2026

clean industry│Europe│Global Project Tracker

The European Commission is deliberating a revision of the European Trading System – the flagship instrument of climate policy
Lobby groups are pushing hard to extend the free credit allowances and push back the 2040 horizon. This is a crucial juncture
Europe’s resilience and competitiveness are at stake
Europe’s growing ETS revenue can be redirected to mechanism that create demand certainty and unlock clean industrial investment

Events

Reuters Events: Global Energy Forum 2026 | coming soon

24 Jun 2026

Economic growth│energy transition│Event│USA

Reuters Events: Global Energy Forum 2026 brings together 600+ senior leaders from across energy, finance, technology and policy to address the decisions reshaping global energy markets.

More to Explore

Press Release

14 Nov 2024

Call to unlock demand for low-carbon products and accelerate industrial projects worth $1 trillion

14th November 2024 – Governments must urgently act to stimulate demand for low-and near zero-carbon materials, chemicals and fuels to accelerate

Bright Spots

05 Jan 2026

LONGi Green Methanol | China

As one of the world’s leading solar suppliers LONGi has transformed the way electricity isgenerated worldwide. Originally founded as a

Press Release

05 Dec 2023

Advanced and developing economies partner to transform heavy industries accounting for a third of global emissions

Energy & Industry Day at COP28 sees the launch of a new wave of breakthrough country and industry partnerships to

Insights

21 Oct 2024

Capturing the benefits of industrial decarbonisation for Houston and beyond

View insights | Capturing the benefits of industrial decarbonisation for Houston and beyond The energy transition is well underway and