Germany – Neste and LyondellBasell have agreed a long-term commercial partnership in which LyondellBasell will source Neste RE, a feedstock made from 100 percent renewable bio-based feedstock such as waste and leftover oils and fats.
This feedstock will be converted into polymers by the cracker at LyondellBasell’s Wesseling, Germany, plant and sold under the CirculenRenew brand name.
Neste and LyondellBasell’s collaboration contributes to the growth of the European market for more sustainable polymers and chemicals solutions. The firms hope to enable sustainability-focused brands to develop more sustainable products and solutions by ensuring continuity with huge industrial-scale volumes of renewable polymers generated using renewable feedstock from bio-based sources.
LyondellBasell will commercialize the Circulen product family in April 2021. LyondellBasell’s CirculenRenew product line includes polymers connected to renewable-based feedstocks, whereas polymers manufactured from mechanically recycled materials are marketed as CirculenRecover, and those linked to advanced (molecular) recycling are marketed as CirculenRevive.