Neste and Clariant sign deal for sustainable chemicals production

Neste

RENEWABLE fuels and chemicals producer Neste has signed an agreement to provide sustainable raw materials to speciality chemicals company Clariant.

Neste uses waste materials, such as used cooking oil, as feedstocks to produce sustainable hydrocarbons. In the first phase of the partnership, Neste will provide monomers which will be used to create ethylene and propylene to replace those currently used by Clariant to make its adhesives. In a later phase of the partnership, the companies will develop solutions for renewable alternatives to the raw materials used in Clariant’s plastics and coatings applications.

Peter Vanacker, president and CEO at Neste, said: “Combining Clariant’s in-depth knowhow in the varying applications of adhesives, plastics, and coatings, with Neste’s extensive knowledge and experience in working with bio-based materials to produce a variety of drop-in renewable solutions, enables both companies to develop their sustainable material offering.”

Gloria Glang, vice president and head of global advanced surface solutions business at Clariant, said: “For the 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.”