Neste signs agreement with Clariant to develop sustainable materials
November 26, 2018
Finnish renewable diesel producer Neste has signed an agreement with Swiss speciality chemicals company Clariant to produce new sustainable materials for a variety of industries.
The two companies will start replacing fossil-based ethylene and propylene used in Clariant’s hot-melt adhesives with monomers derived from Neste’s renewable hydrocarbons, produced from renewable raw materials such as waste fats and oils, and vegetable oils.
In a later phase, the companies will also develop other renewable additives for plastics and coating applications.
“This will enable us to help various sustainability-focused brand owners – such as those producing furniture, sporting goods, hygiene products, electronics and automotives – to increase their bio-based offering,” Neste said in a press release on 6 November.
“We are proud to join forces with Clariant, one of the most innovative players in the specialty chemicals industry. Collaboration marks an essential step forward in Neste’s quest to become a preferred partner as a provider of sustainable chemicals solutions for forerunner brands,” said Peter Vanacker, president and CEO of Neste.
Clariant vice president Gloria Gang said: “For society, our environment and future generations, it is our responsibility to improve sustainability performance and reduce our carbon footprint and dependency on crude oil. As a result of Clariant’s partnership with Neste, we can progress our goal to become a true sustainable solution provider in the additive market, offering our customers products and solutions that can make a positive contribution towards their targets and enhance end applications.”
Neste is the world’s largest producer of renewable diesel refined from waste and residues.
Clariant is a leading producer of speciality chemicals with a focus on care chemicals, catalysis, natural resources and plastics and coatings.