Westlake's Vinnolit Introduces New Lower-Carbon GreenVin PVC
November 17 2021 - 8:00AM
Business Wire
Company Rolls Out Second Lower-Carbon Product in 2021 Following
its Introduction of Lower Carbon Caustic Soda in February 2021.
Westlake Chemical Corporation (NYSE: WLK) today announced its
Vinnolit subsidiary in Germany launched GreenVin™ Polyvinyl
Chloride (PVC), a lower-carbon alternative PVC, which is one of the
most widely utilized plastics in the construction, automotive and
medical sectors.
"Market demand for lower-carbon plastics and materials is rising
rapidly as more customers are seeking ways to reduce their carbon
footprints and meet their sustainability goals,” said Vice
President, Europe & Asia Vinyls Chemicals, Dr. Karl-Martin
Schellerer. “GreenVin™ PVC performs as well as traditional PVC
while offering a more climate-friendly product that our customers
can feel good about using. This product and the entire GreenVin™
product line are part of our overall commitment to meeting
society’s needs and enabling a better future.”
The introduction of GreenVin™ PVC follows the market launch of
GreenVin™ caustic soda earlier this year, with the product line
expected to extend into the Company's vinyl chloride and hydrogen
products in the future. Caustic soda is an essential ingredient for
the production of many materials, including detergents,
construction materials, pulp and paper, pharmaceuticals and water
treatment products.
The Vinnolit GreenVin™ brand is based on European high-quality
renewable energy certificates (Guarantees of Origin) associated
with the production of the lower-carbon PVC and caustic soda.
Depending on the PVC type, the carbon-dioxide savings with
GreenVin™ PVC are about 25% compared to conventionally produced
Vinnolit PVC. The respective carbon footprint for the entire
product portfolio was calculated by Sustainable AG in accordance
with the ISO 14067 standard. Review and certification are carried
out by TÜV Rheinland.
Westlake recently released its 2020 ESG Report, Essential
Products, Critical Innovations, which provides details on its ESG
goals and achievements for its operations, safety, products and
people, and includes information on lower-carbon product
development and more sustainable manufacturing. Procuring green
power – in addition to the continuous improvement of the energy
efficiency of the production processes – is a step toward achieving
CO2-neutral PVC supply. These efforts also support the energy
transition and the European Green Deal. In addition, Vinnolit is
working with partners to also offer bio-attributed PVC, based on
bio-ethylene.
"With GreenVin™, we are working to make the entire Vinnolit
product portfolio, including PVC, more environmentally friendly and
sustainable," Schellerer added. "At Westlake and Vinnolit, we are
proud to be doing our part for a stronger industry and sustainable
future.”
VINNOLIT
As a leading manufacturer of PVC and reliable partner for
caustic soda, Vinnolit, a Westlake company, offers individual
solutions for customers from a wide range of industries, such as
the construction sector, the automotive industry, medical
technology or pulp and paper production. As a manufacturer of
high-quality PVC specialties, Vinnolit is a global market leader.
At its headquarters in Ismaning near Munich and its four production
sites in Burghausen, Gendorf, Knapsack and Cologne, 1,400 employees
generate sales of around €1 billion per year.
Vinnolit participates in the worldwide Responsible Care program
of the chemical industry to continuously improve safety, health and
environmental protection and supports VinylPlus, the voluntary
commitment of the European PVC industry towards sustainable
development, as ‘Official Partner’ financially, ideally and through
active participation.
www.vinnolit.com
WESTLAKE CHEMICAL CORPORATION (WLK)
Westlake is a global manufacturer and supplier of materials and
innovative products that enhance life every day. Headquartered in
Houston, we provide the building blocks for vital solutions – from
packaging and healthcare products to automotive and consumer goods,
to building and construction products. For more information, visit
the company´s website at www.westlake.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211117005297/en/
Media Relations: Dr. Oliver Mieden, Head of Environmental
Affairs & Corporate Communications Vinnolit GmbH & Co.
Tel.: +49 89 96103-282, E-Mail: oliver.mieden@vinnolit.com
Chip Swearngan, Director, Corporate Communications &
Governmental Relations Westlake Chemical Corporation Tel.: +1 713
960 9111, E-mail: mediarelations@westlake.com
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