NESTE
Collaboration in Japan / Production of renewable chemicals and plastics using “RE” bio-based feedstock
Neste headquarters in Espoo, Finland (Photo: Neste)
Finnish oil refining company Neste (Espoo; www.neste.com) is working with Japanese firms Mitsui Chemicals (Tokyo; www.mitsuichemicals.com) and Toyota Tsusho (Nagoya; www.toyota-tsusho.com) on the industrial-scale production of plastics and chemicals made from 100% bio-based feedstock. During 2021, Mitsui Chemicals will use Neste’s “RE” renewable raw materials, made entirely from bio-based waste and residue oils, at its Osaka Works site, becoming the first company in Japan to use bio-based feedstock in its crackers.

Mitsui Chemicals will produce a range of renewable chemicals, including ethylene, propylene, C4 fraction, benzene and phenol, among others, and process them into plastics such as polyethylene and polypropylene, all with significantly lower greenhouse gas emissions than their fossil-based counterparts.

“Switching fossil feedstock to bio-based feedstock helps combat global warming, and it is regarded as an important strategic focus in the push for reaching carbon neutrality by 2050,” said Hirahara Akio, managing executive officer for corporate sustainability at Mitsui Chemicals. “With this in mind, Mitsui Chemicals will not only go about developing materials from high-quality bio-based feedstock and processes but also work with stakeholders toward getting biomass widely used in society.”

Both Japanese firms intend to acquire the ISCC (www.iscc-system.org) “Plus” certification.
03.06.2021 Plasteurope.com [247744-0]
Published on 03.06.2021

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 15.11.2024 10:27:27   (Ref: 902422493)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp