Reduction of GHG emissions in Propylene Oxide production at MTP HPPO Manufacturing Co., Ltd
Registry
Verra
Project ID
VCS1502
Country
Category
GHG Management
Methodology
Status
Not stated
Credits Issued
629,969 tCO₂e
Credits Retired
500,000 tCO₂e
Data as of
1 June 2026
Credit Passport
How to read itIssuance and retirement by vintage
| Vintage | Issued (tCO₂e) | Retired (tCO₂e) |
|---|---|---|
| 2015 | 211,930 | 82,861 |
| 2014 | 134,901 | 134,001 |
| 2013 | 153,033 | 153,033 |
| 2012 | 123,641 | 123,641 |
| 2011 | 6,464 | 6,464 |
Source: Registry records · Data as of 1 June 2026
Credit Passport in detail
ICVCM quality status
No ICVCM decision on this methodology yet.
- Programme: Verified Carbon Standard, CCP-eligible since May 2024.
The CCP label is applied to credits by the registry, issuance by issuance. An approved methodology means credits from this project can be eligible; it does not mean every credit carries the label.
Source: ICVCM assessment decisions · Decisions read 19 September 2026
CORSIA screen
A screen against published ICAO criteria, not an eligibility determination.
First phase, 2024 to 2026
- ProgrammePassesVerified Carbon Standard is approved by ICAO for 2024 to 2026.
- DatesDoes not passCredits were issued for vintage 2011, so crediting began before 1 January 2016.
- Host country authorisationCannot be confirmed from available dataAuthorisation is granted per activity. This screen cannot confirm whether this project holds a Letter of Authorization.
Second phase, 2027 to 2029
- ProgrammePassesVerified Carbon Standard is approved by ICAO for 2027 to 2029.
- DatesDoes not passCredits were issued for vintage 2011, so crediting began before 1 January 2016.
Programme-specific exclusions were not assessed. Host country context is under Article 6 below.
Source: ICAO eligibility decisions and registry records · Criteria verified 25 September 2026
Thailand and Article 6
- Bilateral agreements
- 3
- Authority for the Paris Agreement Crediting Mechanism
- Appointed
- Participation requirements for the Mechanism
- Published
- Cooperative approaches
- 2
- Article 6.2 activities
- 36
- ITMOs transferred or received
- 52,642
- Crediting Mechanism activities approved by the host
- 19
- Crediting Mechanism activities registered
- 0
This is country-level context. It does not show whether this project is authorised.
Source: UN Article 6 tracking · Data as of 4 September 2026
Recorded buyers
No organisation named as beneficiary in registry records.
Retired credits from this project? See what a company can still say about them under the EU green claims rules.
Source: Registry records · Data as of 1 June 2026
Reduction of GHG emissions in Propylene Oxide production at MTP HPPO Manufacturing Co., Ltd is registered with Verra under the vm0023 protocol, located in Thailand. As of 1 June 2026, registry records show 629,969 tonnes issued and 500,000 tonnes retired. This reflects registry-reported figures, not an independent quality assessment.
Related
Questions about this project
How many credits has Reduction of GHG emissions in Propylene Oxide production at MTP HPPO Manufacturing Co., Ltd issued?
629,969 tonnes of credits have been issued and 500,000 retired, according to registry records as of 1 June 2026.
What is the ICVCM status of this project's methodology?
No ICVCM decision on this methodology yet. The CCP label is applied to credits by the registry, issuance by issuance.
Registry data as of June 1, 2026