Finland-based Neste and Netherlands-based LyondellBasell have announced what they call a long-term commercial agreement under which LyondellBasell will use Neste RE, a feedstock produced from 100 percent discarded materials such as used cooking oils and fats. The feedstock will be processed through the polymer cracker at LyondellBasell’s Wesseling, Germany, plant into polymers and sold under the CirculenRenew brand name.
LyondellBasell’s CirculenRenew product line consist of polymers linked to renewable-based feedstocks, while polymers made from mechanically recycled materials are marketed under the brand name CirculenRecover and those linked to advanced (molecular) recycling are called CirculenRevive.
“We are delighted that our strategic relationship with LyondellBasell is further strengthened with this long-term commercial agreement,” says Mercedes Alonso, executive vice president of renewable polymers and chemicals at Neste.
“With LyondellBasell, we share both the innovative spirit and the sense of urgency to make active contributions towards combating climate change and accelerating the shift to a circular bio-economy,” adds Alonso. “We made history together by joining forces in 2019 in the world’s first commercial-scale production of bio-based polypropylene and bio-based polyethylene with verified renewable content. I am very much looking forward to the next industry milestones we can reach together.”
Comments Richard Roudeix, a LyondellBasell senior vice president, “We are very pleased that together with Neste we can bring our customers one step closer to the creation of more sustainable end products. The extended relationship with Neste is an important piece in our multi-pronged approach to deliver on our sustainability goals. We have already made some significant steps in this direction since the beginning of this year, amongst which the recent launch of our Circulen product family and the ISCC PLUS certification, which we have obtained for our European polymer sites.”