Neste Announce Partnership to promote polymers and chemicals from renewable feedstock
Neste and LyondellBasell announced a long-term commercial agreement under which LyondellBasell will source Neste RE™, a feedstock from Neste that has been produced from 100% renewable feedstock from bio-based sources, such as waste and residue oils and fats. This feedstock will be processed through the cracker at LyondellBasell’s Wesseling, Germany, plant into polymers and sold under the CirculenRenew brand name
“We are delighted that our strategic relationship with LyondellBasell is further strengthened with this long-term commercial agreement. With LyondellBasell, we share both the innovative spirit and the sense of urgency to make active contributions towards combating climate change and accelerating the shift to a circular bio-economy. We made history together by joining forces in 2019 in the world’s first commercial-scale production of bio-based polypropylene and bio-based polyethylene with verified renewable content. I am very much looking forward to the next industry milestones we can reach together,” says Mercedes Alonso, Executive Vice President, Renewable Polymers and Chemicals at Neste.
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