ROTTERDAM, Netherlands -- 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.
Rock Tech Lithium Inc to build Europe's first lithium hydroxide converter in Brandenburg, Germany
Planned investment sum 470 million euros, expected production start in 2024. Central component of the European battery value chain secures the lithium requirements of around 500,000 electric vehicl...
LUKOIL continues upgrade of Stavrolen plant with a second Gas Processing Unit in Budennovsk, Russian Federation
It is expected that the implementation of the program will increase Stavrolen's capacity to produce ethylene from 350 to 420 thousand tonnes per year, polyethylene – from 300 to 405 thousand tonnes...
ORLEN Unipetrol increases petrochemical capacities by expanding the Litvínov steam cracker with furnace in Czechia
The group plans to raise the yields of the fundamental production unit of its petrochemical segment, the steam cracker.
TotalEnergies Doubles its Recycled Plastic Production Capacity in France
TotalEnergies is doubling its mechanical recycling production capacity for recycled polymers, to meet growing demand for sustainable polymers from customers, such as Automotive Manufacturer (Auto O...