Neste and LyondellBasell enter into long-term agreement for renewable chemicals and polymers production

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Type of post: NEWS IN BRIEF.

Neste and LyondellBasell have announced a long-term commercial agreement under which LyondellBasell will source Neste RE, a feedstock produced from biobased sources, such as waste and residue oils and fats.
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Figure 1. LyondellBasell’s site in Wesseling (taken from the press release)

The feedstock will be processed through the cracker at LyondellBasell’s Wesseling, (Germany) plant into polymers and sold under the CirculenRenew brand name. In April 2021, LyondellBasell launched the Circulen family of products. LyondellBasell’s CirculenRenew product line consist of polymers linked to renewable-based feedstocks, while polymers made from mechanically recycled materials are marketed under the brand name CirculenRecover and those linked to advanced (molecular) recycling are called CirculenRevive.

Through their collaboration, Neste and LyondellBasell are jointly contributing to the development of the European market for more sustainable polymers and chemicals solutions. By ensuring continuity with significant industrial-scale volumes of renewable polymers produced with renewable feedstock from biobased souces, the companies wish to enable sustainability-focused brands to develop more sustainable products and offerings.

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