Remove industries polymer-materials-petrochemical-industry
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BMW i Ventures invests in Natural Fiber Welding; plant-based leathers, yarns and foams

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(NFW), a creator of all-natural, plastic-free alternatives to animal- or petrochemical-based materials such as leathers, foams, and textiles. The financing round will enable the company to scale from the batch processing of materials to commercial roll-to-roll production. MIRUM is made with natural, biodegradable polymers.

BMW 435
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Neste and LG Chem building a strategic partnership to drive the polymers and chemicals industry transformation towards a circular bioeconomy

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LG Chem will start replacing fossil feedstock commonly used in the manufacturing of polymers and chemicals with Neste Renewable Hydrocarbons in the upcoming months. Photo: Panoramic view of LG Chem’s petrochemical complex in Yeosu, South Korea.

Polymer 243
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LOTTE Chemical, LOTTE Aluminum to build $238.7M cathode foil plant in Kentucky

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LOTTE Chemical announced a joint venture with LOTTE Aluminium to build a manufacturing facility in Elizabethtown, Kentucky to produce 36,000 tons of cathode foil, a type of ultra-thin aluminum foil that is a core material used in EV batteries. Cathode foil is one of the four major components of lithium-ion batteries. In September 2021, Gov.

Kentucky 321
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INEOS investing additional $1.4B in Grangemouth complex in next phase of GHG reductions; blue hydrogen

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billion) in Grangemouth, its integrated refinery and petrochemicals complex in Scotland, in the next phase of reducing greenhouse gas emissions to net zero by 2045. There will also be a shift in the polymer product portfolio to include higher levels of post-consumer recycled content. INEOS will invest an additional £1 billion (US$1.4

Hydrogen 369
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Linde and Shell team up to commercialize lower-carbon technology for ethylene: E-ODH

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Ethylene is widely used in the chemical industry; its worldwide production exceeds that of any other organic compound. Ethylene is the raw material used in the manufacture of polymers such as polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC) and polystyrene (PS) as well as fibers and other organic chemicals.

Carbon 355
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ETH Zurich catalyst can convert polypropylene directly into motor oil with high selectivity

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As an indication of the industrial interest in this field, Neste and and Ravago recently announced plans to set up a joint venture to focus on chemical recycling of mixed waste plastic using a thermochemical liquefaction technology from Alterra Energy. The team found that the metal and carrier phases work together.

Oil 389
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Neste investing €1.9B to expand renewable products refinery in Rotterdam; 1.2 Mtpa of SAF

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It also marks an important step in ensuring our future competitiveness and our renewables’ growth strategy execution as it will bring a substantial amount of renewable diesel, SAF and renewable feedstock for polymers and chemicals to our sustainability-focused customers. —Matti Lehmus, President and CEO of Neste. million tons annually.

Renewable 273