Finnish renewable fuels producer Neste is joining Mitsui Chemicals and Toyota Tsusho on a project to produce plastics and chemicals from 100% bio-based hydrocarbons on an industrial-scale in Japan, Neste announced on 20 May.
The partnership will involve Japan’s Mitsui Chemicals using Neste’s 100% bio-based RE hydrocarbons to replace some of the fossil feedstock in the production of a range of plastics and chemicals in the crackers at its Osaka Works site this year.
According to its website, Neste produces its RE feedstock from 100% bio-based raw
materials, mainly waste and residue oils and fats, such as used cooking oil (UCO). The components consist of renewable hydrocarbons in a liquid form or gaseous renewable propane.
As a result of the new collaboration, Neste said Mitsui Chemicals would be able to produce renewable ethylene, propylene, C4 fraction and benzene along with others, and process them into basic chemicals such as phenol, or plastics such as polyethylene and polypropylene.
The project would allow brand owners and other potential clients in the Asian market, particularly in Japan, to start incorporating renewable plastics and chemicals into their products, according to Neste.
“Through this collaboration, we can considerably reduce emissions related to the use of fossil feedstocks and help Japan to reach its national climate and polymers-related bio-content targets, fully in line with Neste’s purpose and drive towards a circular bioeconomy,” Neste executive vice president, renewable polymers and chemicals, Mercedes Alonso said.
Mitsui Chemicals and Toyota Tsusho were planning to apply for International Sustainability and Carbon Certification (ISCC), which is widely accepted in Europe as a system for the certification of products from bio-based feedstock, according to Neste.
Established in 1912, Mitsui Chemicals’ portfolio includes packaging, agrochemicals and electronic materials.
Toyota Tsusho Corporation was founded in 1948 as the trading company for the Toyota Group. It currently operates in more than 120 countries and has seven divisions: metals; global parts & logistics; automotive; machinery, energy & project; chemicals & electronics; food & consumer services; and Africa.