MOSCOW (MRC) -- Neste, together with several European Union Member States and forerunner companies representing different parts of the European plastics sector, have signed the European Plastics Pact in Brussels, Belgium, said Hydrocarbonprocessing.
The European Plastics Pact is a frontrunner initiative and a platform for leading countries and private organizations from the entire plastics value chain from across Europe to collaborate and accelerate the systemic shift to a circular plastics economy in Europe.
"Neste is a purpose-driven company with an ambition to create a healthier planet for our children. By signing the European Plastics Pact, we wish to re-emphasize our solid commitment to help the European plastics industry to create transformative solutions to combating plastic pollution and reduce the industry’s reliance on fossil oil. While our renewable solutions have already been used to replace fossil feedstock in the production of bio-based polypropylene and polyethylene at a commercial scale for the European market, we are accelerating the development of chemical recycling capacity together with several value chain partners to speed up the shift to a circular plastics economy,'' says Mercedes Alonso, Executive Vice President, Renewable Polymers and Chemicals, Neste.
The European Plastics Pact aims to accelerate cross-border exchange and collaboration on a pan-European scale to supplement and support the already existing European and global commitments as well as the existing national and company initiatives on the circularity of plastics value chain.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,093,260 tonnes in 2019, up by 6% year on year. Shipments of all PE grades increased. PE shipments rose from both domestic producers and foreign suppliers. The estimated PP consumption in the Russian market was 1,260,400 tonnes in January-December 2019, up by 4% year on year. Supply of almost all grades of propylene polymers increased, except for statistical copolymers of propylene (PP random copolymers).
MRC