Neste and South Korean chemical company Lotte Chemical have partnered to replace fossil resources with renewable raw materials in the manufacturing of chemicals and plastics.
The collaboration aims to enable products and applications with a lower carbon footprint compared to those produced from fossil resources. Neste will be providing renewable Neste RE, a raw material for chemicals and plastics apparently made from 100% renewable raw materials.
Lotte Chemical will use Neste RE at the company’s Korean sites to produce various common types of plastics and chemicals in Lotte Chemical’s product portfolio. These plastics and chemicals may be used in multiple applications and in supply chains for products including packaging, construction, textiles and electronics.
Reportedly, the quality and performance of the end products remain unchanged. Neste says that with chemicals and plastics still largely depending on fossil resources, both companies see an urgent need to make a switch to more sustainable alternatives.
“We are looking forward to increasing the share of renewable solutions in collaboration with Lotte Chemical,” says Jeroen Verhoeven, vice president of value chain development for renewable polymers and chemicals at Neste. “Together, we can pave the way to more sustainable supply chains and lower emissions for a wide range of sectors and applications.”
Neste also collaborated with Eppendorf at the end of last year to replace fossil feedstock with a renewable alternative in the production of plastic tubes, filter pipette tips, and other consumables for the life science industry. Eppendorf Consumables BioBased is a new portfolio of consumables featuring Eppendorf Tubes with screw caps and epT.I.P.S. BioBased filter pipette tips, made of certified polypropylene based upon renewable raw materials.
Earlier this year, Sappi unveiled two new flexible packaging papers made from renewable raw materials, designed to unlock recyclable alternatives to fossil-based packaging and offer further customization to its customers. Each variant is applicable to both food and non-food products, with the different surfaces on the top side ranging from natural matt to high-end glossy.
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