Neste has initiated a collaborative effort alongside Suntory, ENEOS, and Mitsubishi Corp. to facilitate the manufacturing of PET (polyethylene terephthalate) resin using renewable Neste RE on a commercial level. Neste RE, composed entirely of biobased raw materials like waste and residues such as used cooking oil, serves as Neste’s feedstock for polymers production. Its purpose is to replace fossil feedstock throughout the value chain. Suntory, a renowned Japanese beverage company, is set to employ the renewable PET resin for the creation of bottles for their products starting in 2024.
The partnership introduces ENEOS as Neste’s new collaborator in Japan. ENEOS will employ bio-intermediates derived from Neste RE to produce bio-PX (bio-paraxylene) at their Mizushima Refinery located in Okayama, Japan. This bio-PX will then undergo conversion into PTA (Purified Terephthalic Acid) and subsequently into PET resin. This resin will be utilized by Suntory to craft their PET bottles. The coordination of this collaborative endeavor will be overseen by Mitsubishi Corp.
Lilyana Budyanto, the head of sustainable partnerships APAC at Neste’s Renewable Polymers and Chemicals business unit, emphasized the importance of proactive measures in light of the impending climate crisis. She stated, “In order to tackle the imminent climate crisis and its consequences, companies are required to take responsibility now. Through partnering along the value chain, Neste can contribute to reducing the polymers and chemicals industry’s dependence on fossil resources as well as to manufacturing products that have a lower carbon footprint.”
The initiative will incorporate a mass balancing approach to allocate biobased materials to the production of PET bottles.
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