This collaboration marks the first time bio-based
polypropylene and bio-based low-density polyethylene were produced
simultaneously at commercial scale
ROTTERDAM, Netherlands,
June 18, 2019 /PRNewswire/ --
LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals
and refining companies in the world, and Neste (NESTE, Nasdaq
Helsinki), the world's largest producer of renewable diesel from
waste and residues, today jointly announce the first parallel
production of bio-based polypropylene and bio-based low-density
polyethylene at a commercial scale.
The joint project used Neste's renewable hydrocarbons derived
from sustainable bio-based raw materials, such as waste and residue
oils. The project successfully produced several thousand tonnes of
bio-based plastics which are approved for the production of food
packaging and being marketed under Circulen and
Circulen Plus, the new family of LyondellBasell
circular economy product brands.
"LyondellBasell has an innovative spirit that spans decades, and
an achievement like this showcases concrete actions we are taking
in support of a circular economy," said Richard Roudeix,
LyondellBasell Senior Vice President of Olefins and Polyolefins for
Europe, Asia and International. "Through the use of
renewable resources, we are contributing to the fight against
climate change and helping our customers achieve their
environmental targets."
"We are excited to enable the plastics industry to introduce
more bio-based material into its offering. It is very satisfying to
see Neste's renewable hydrocarbons performing perfectly in a
commercial scale production of bio-based polymers, providing a
drop-in replacement option to fossil materials," said Neste's
President and CEO Peter Vanacker.
"This pioneering collaboration with LyondellBasell marks a major
milestone in the commercialization of Neste's renewable polymers
and chemicals business focusing on developing renewable and
circular solutions for forward-looking sustainable brands."
An industry first
This achievement is extraordinary in
that it combined Neste's unique renewable feedstock and
LyondellBasell's technical capabilities. LyondellBasell's cracker
flexibility allowed it to introduce a new renewable feedstock at
its Wesseling, Germany site, which
was converted directly into bio-based polyethylene and bio-based
polypropylene. An independent third party tested the polymer
products using carbon tracers and confirmed they contained over 30%
renewable content.
LyondellBasell sold some of the renewable products produced in
the trial to multiple customers, one of which is Cofresco, a
company of the Melitta Group and with brands like
Toppits® and
Albal®, Europe's leading supplier of branded products
in the field of household film. Cofresco plans to use the
Circulen Plus bio-based polyethylene to create sustainable
food packaging materials.
About LyondellBasell
LyondellBasell (NYSE: LYB) is one
of the largest plastics, chemicals and refining companies in the
world. Driven by its employees around the globe, LyondellBasell
produces materials and products that are key to advancing solutions
to modern challenges like enhancing food safety through lightweight
and flexible packaging, protecting the purity of water supplies
through stronger and more versatile pipes, improving the safety,
comfort and fuel efficiency of many of the cars and trucks on the
road, and ensuring the safe and effective functionality in
electronics and appliances. LyondellBasell sells products into more
than 100 countries and is the world's largest producer of polymer
compounds and the largest licensor of polyolefin technologies. In
2019, LyondellBasell was named to Fortune magazine's list of the
"World's Most Admired Companies." More information about
LyondellBasell can be found at www.LyondellBasell.com.
About Neste
Neste (NESTE, Nasdaq Helsinki) creates
sustainable solutions for transport, business, and consumer needs.
Our wide range of renewable products enable our customers to reduce
climate emissions. We are the world's largest producer of renewable
diesel refined from waste and residues, introducing renewable
solutions also to the aviation and plastics industries. We are also
a technologically advanced refiner of high-quality oil products. We
want to be a reliable partner with widely valued expertise,
research, and sustainable operations. In 2018, Neste's revenue
stood at EUR 14.9 billion. In 2019,
Neste placed 3rd on the Global 100 list of the most sustainable
companies in the world. Read more: neste.com
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