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  • HOME
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  • NEWS
    • MARKET
      • All
      • Agriculture
      • Automotive
      • Construction
      • FMCG
      • Medical
      • Packaging
      Danimer Scientific and Kemira expand exclusive partnership to commercialize fully biobased barrier coatings

      Danimer Scientific and Kemira expand exclusive partnership to commercialize fully biobased barrier coatings

      Packaging can make homecare more sustainable

      Packaging can make homecare more sustainable

      Sustainable packaging takes

      Sustainable packaging takes centre stage at Westfalia Fruit’ in France

    • EXCLUSIVE
      • All
      • FEATURED
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      • PROMOTED
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      Covestro, SK geo centric and Neste cooperate

      Covestro, SK geo centric and Neste cooperate to create value chain for renewable attributed MDI in APAC

      Mondi’s mono-material retort pouches

      Mondi’s mono-material retort pouches evidence effective sorting during recycling

      Gael Force plants the seed for rope recycling

      Gael Force plants the seed for rope recycling

      SABIC COLLABORATES WITH UPM RAFLATAC

      SABIC COLLABORATES WITH UPM RAFLATAC TO LAUNCH THE WORLD’S FIRST LABEL MATERIAL MADE FROM CERTIFIED CIRCULAR OCEAN BOUND PLASTIC

      • CASE STUDY
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      Covestro, SK geo centric and Neste cooperate

      Covestro, SK geo centric and Neste cooperate to create value chain for renewable attributed MDI in APAC

      SABIC COLLABORATES WITH UPM RAFLATAC

      SABIC COLLABORATES WITH UPM RAFLATAC TO LAUNCH THE WORLD’S FIRST LABEL MATERIAL MADE FROM CERTIFIED CIRCULAR OCEAN BOUND PLASTIC

      Fresh impulses for wind energy

      Fresh impulses for wind energy

      Innovative ZS-B MEGAfeed Side Feeder Makes Plastics Recycling

      Innovative ZS-B MEGAfeed Side Feeder Makes Plastics Recycling Markedly More Economical

      functionality and sustainability for designers

      Aesthetics, functionality and sustainability for designers

      ARBURG Denmark celebrates 25th anniversary

      ARBURG Denmark celebrates 25th anniversary

      Covestro launches a new production line

      Covestro launches a new production line for Desmodur® 15 prepolymers

      New DOMO Injection Moulding Simulation Database

      New DOMO injection moulding simulation database ensures faster development times for customers

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      Covestro, SK geo centric and Neste cooperate

      Covestro, SK geo centric and Neste cooperate to create value chain for renewable attributed MDI in APAC

      Mondi’s mono-material retort pouches

      Mondi’s mono-material retort pouches evidence effective sorting during recycling

      Gael Force plants the seed for rope recycling

      Gael Force plants the seed for rope recycling

      SABIC COLLABORATES WITH UPM RAFLATAC

      SABIC COLLABORATES WITH UPM RAFLATAC TO LAUNCH THE WORLD’S FIRST LABEL MATERIAL MADE FROM CERTIFIED CIRCULAR OCEAN BOUND PLASTIC

      Fresh impulses for wind energy

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      Innovative ZS-B MEGAfeed Side Feeder Makes Plastics Recycling Markedly More Economical

      Hamar Laser Introduces

      Hamar Laser introduces L-703 Bore & Spindle

      functionality and sustainability for designers

      Aesthetics, functionality and sustainability for designers

      Stop Bottling Of Manasarovar Water

      Stop Bottling Of Manasarovar Water

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      Greatview develops its first sustainable packaging solution Greatview Planet in co-operation with INEOS and UPM Biofuels – all certified by the RSB

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Covestro, SK geo centric and Neste cooperate to create value chain for renewable attributed MDI in APAC

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June 22, 2022
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Covestro, SK geo centric and Neste cooperate
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Covestro, SK geo centric and Neste cooperate to create value chain for renewable attributed MDI in APAC

 

Covestro, South Korean petrochemical company SK geo centric and Neste are cooperating to enable the production of a major polyurethane raw material based on renewable raw materials via mass balance. The cooperation will see Neste provide SK geo centric with renewable Neste RETM, an ISCC certified feedstock for polymers and chemicals made from 100 percent renewable raw materials such as waste and residue oil and fats.

 

SK geo centric will process this feedstock into benzene at the company’s facilities in South Korea and supply it to Covestro to use as raw material for methylene diphenyl diisocyanate (MDI) at its site in Shanghai, China. MDI is a key raw material for the manufacture of rigid polyurethane foam, which is a well-proven insulating material for buildings and used in the cold chain helping to save CO2 emissions and reduce energy consumption during its product life.

 

The cooperation marks the start of possible future collaborations between the three companies, aiming at replacing fossil feedstocks by more sustainable ones in the production of polymers and chemicals in the APAC region and beyond.

 

“With renewable solutions available, we are now entering the phase of scaling up their usage in the chemical industry,” says Mercedes Alonso, Executive Vice President Renewable Polymers and Chemicals at Neste. “This will be crucial in replacing the vast amounts of fossil resources the industry is currently depending on. To make this ramp-up a success, we’ll need to establish collaborations along the value chain – and this one between three sustainability-minded partners is a prime example of how the industry can do just that.”

 

Replacing the common crude oil-based fossil feedstock with Neste RE provides a significant reduction in greenhouse gas (GHG) emissions, thereby improving the carbon footprint of the polyurethane raw materials produced by Covestro and of downstream industries. Neste RE is produced with renewable raw materials such as waste and residue oils and fats.

 

“I am much pleased that through this collaboration we continue to ramp up the market for sustainable alternative materials. This enables us to supply our customers in Asia-Pacific with more sustainable MDI based on mass-balanced raw materials,” says Sucheta Govil, Chief Commercial Officer of Covestro. “Using such materials is attractive because it will also help them achieve their climate goals. Another core benefit of this line of products is that it is a technical drop-in solution that our customers can use immediately without a major changeover in their plants.”

 

“We are delighted to ship and export our first renewable Benzene produced with 100 percent renewable Neste RE feedstock,” says Woohyuk-Choi, Vice President of SK geo centric’s Aromatic Business Unit. “SK geo centric will actively work with Covestro and Neste as we mark the first collaboration of this kind in the Asia-Pacific region. We remain committed to expanding this cooperation.”

 

Under the strategy of “Green for Better Life”, SK geo centric announced its ambitious target to become “Net-Zero” before 2050. To fulfill its responsibility, the company will drive its business transformation by expanding its high-quality renewable products portfolio. SK geo centric will respond to increasing global demands in the market by leveraging the strong synergies between collaboration partners.

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