Article 1, Volume 8 Issue 2

Executives’ insights about by-products made by recycled CO2: the case of CPGs industry


Antonia Delistavrou – (International Hellenic University)

Irene Tilkidou – (International Hellenic University)

Evgenia Papaioannou – (International Hellenic University)

Received January 8, 2022; accepted June 8, 2022.


This paper presents parts of an exploratory, mix-methodology study that concerns the innovative technology of carbon capture and utilization (CCU) in the production of chemical oxo-products. Experts with 13 European CPGs industries were surveyed. It was found that recycling and conservation of energy and water technologies are carried out in all factories, while green applications that concern the composition of products are implemented by half of the industries. All executives hold positive attitudes towards innovative technologies that concern carbon neutrality. Half of them were found willing to include the new, green oxo-products (Glycolic acid, n-Valeraldheyde and LimoxalTM) in their production process of their GPCs, stating prerequisites that concern quality and actual contribution to neutrality. The reservations that were expressed by the other half of the respondents concern the low level of awareness about the recycled CO2 oxo-products and the early stages of CCU implementation.

Este artículo presenta partes de un estudio exploratorio, de metodología mixta, relativo a la tecnología innovadora de captura y utilización de carbono (CCU) en la producción de oxo-productos químicos. Se encuestó a expertos de 13 industrias europeas de CPG. Se constató que las tecnologías de reciclaje y conservación de la energía y el agua se aplican en todas las fábricas, mientras que las aplicaciones ecológicas que afectan a la composición de los productos se aplican en la mitad de las industrias. Todos los ejecutivos tienen una actitud positiva hacia las tecnologías innovadoras relacionadas con la neutralidad de carbono. La mitad de ellos se mostraron dispuestos a incluir los nuevos oxoproductos ecológicos (ácido glicólico, n-valeraldehído y LimoxalTM) en el proceso de producción de sus GPC, indicando requisitos previos relacionados con la calidad y la contribución real a la neutralidad. Las reservas expresadas por la otra mitad de los encuestados se refieren al escaso conocimiento de los oxoproductos de CO2 reciclado y a las primeras fases de aplicación de las CCU.


Delistavrou, A., Tilkidou, I. and Papaioannou, E. (2022). Executives’ insights about by-products made by recycled CO2: the case of CPGs industry. European Accounting and Management Review, 8(2), 1-20.




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