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Neste RE enables a future where all plastic products can be made of renewable and recycled materials

December 29/2020

MOSCOW (MRC) -- Neste is launching a new product, Neste RE, a 100% renewable and recycled raw material for plastics and chemicals production, said Hydrocarbonprocessing.

It is a product for tackling climate change through reducing the need to use virgin fossil resources, while it also provides a new solution to the end-of-life related challenges the polymers and chemicals industries are facing today. Neste RE can be used in a wide range of plastics applications, from sports gear to toys, even in sensitive applications such as high-performing medical equipment. Neste RE makes it possible to use bio-based waste and residues and waste plastic in the manufacture of high-quality products.

Worlds economy is only 8.6% circular today. The urgency to move towards a truly circular economy is high (source: IPCC Global warming report) and will deserve a variety of different technologies. Neste has a decade-long experience in developing and producing renewable and circular solutions for transportation, and is now extending its offering to the polymers and chemicals sectors. With this, Neste supports the reduction of crude oil dependency by providing more sustainable alternatives to the currently used virgin fossil-based feedstock in plastics and chemicals production.

"We need to take drastic action to achieve the necessary change towards a circular economy in materials. With Neste RE, we combine the best of renewable and recycled materials, to serve as a sustainable feedstock alternative for the polymers and chemicals sectors. This new product provides a new solution for the industry to close the circle of material flows. Neste RE is available globally, and together with like-minded partners, we can use Neste RE as a tool to change and revolutionize plastics, says Lars Borger, vice president of Renewable Polymers & Chemicals at Neste.

Neste RE is both renewable and recycled: the products renewable components can be produced from waste and residue oils and fats and sustainably-produced vegetable oils. The recycled component is produced from chemically-recycled plastic waste that cannot be recycled mechanically, such as colored, multilayer or multi material packaging.

The more fossil resource based content is replaced with content from renewable or recycled origins, the better for our planet. In 2018, over 29 million tons of post-consumer plastic waste was collected, and of this, only 9.4 million tons was directed to recycling (source: Plastics Europe) even less actually recycled. Furthermore, the share of global oil production used to produce plastics, which is currently 6%, may reach 20% by 2050 (source: New Plastics Economy, Ellen MacArthur Foundation). To tackle these numbers by accelerating the plastics industrys transformation towards a circular bioeconomy, urgent action is required, collaboration among some of the industry forerunners playing a key role.

Nestes collaborations are already bearing fruit: In 2019, Neste collaborated with LyondellBasell to produce the worlds first commercial-scale volumes of renewable, bio-based polypropylene. And in March 2020, Neste collaborated with Borealis to produce renewable polypropylene with renewable propane at a propane dehydrogenation facility for the first time in history. Clariant added an entire range of additives based on Neste RE. Together with Recycling Technologies and Unilever, Neste combines expertise to test and validate systems to chemically recycle waste plastics. In a strategic cooperation with Covestro, Neste is promoting the use of sustainable raw materials in plastics production, particularly in the production of polycarbonates. And, together with Jockey, Neste has a collaboration with a target to develop the market for rigid packaging from sustainable renewable and recycled materials for food and non-food applications.

Neste RE is available worldwide to the polymers and chemicals value chain including brands wishing to add bio-based and recycled content to their offering. Neste RE is a drop-in solution compatible with existing polymers and chemicals production infrastructures. Materials produced with Neste RE are of high quality identical to plastic products made out of virgin fossil feedstock, e.g. recyclable similarly to their virgin fossil counterparts.

As MRC informed earlier, Neste, a leading producer of renewable diesel and sustainable aviation fuel and a forerunner as a provider of renewable and circular solutions for the petrochemical industry, and LG Chem, South Koreas largest diversified petrochemicals company and a leading manufacturer of lithium-ion batteries for energy solutions, have  announced their aim to build a strategic long-term partnership to develop and grow the biopolymers and biochemicals market globally, and more specifically, in the LG Chems home market Korea.

As MRC reported earlier, LG Chem, a South Korean petrochemical major, has shut down its naphtha cracker in Yeosu following a fire. The company said a fire broke out at its central control room at the Yosu cracker complex at around midnight local time (15:00 GMT) on 5 November. The country's largest chemical company said it was in the process of figuring out the cause of the fire. The facility can process about 1.2 million tonnes of ethylene per year (tpy).The cracker shutdown is expected to last at least three weeks.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's DataScope report, PE imports to Russia decreased in January-November 2020 by 17% year on year and reached 569,900 tonnes. High density polyethylene (HDPE) accounted for the greatest reduction in imports. At the same time, PP imports into Russia increased by 21% year on year to about 202,000 tonnes in the first eleven months of 2020. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports.
Author:Anna Larionova
Tags:bioplastics, PP, PE, ethylene, propylene, Neste oil, recycling.
Category:General News
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