Under the new partnership, Clariant will use Neste’s renewable hydrocarbons to increase the number of products in its portfolio that are derived from renewable raw materials.
Gaining access to sustainable solutions is expected to benefit several industries, including the adhesives, plastics and coatings markets. Clariant will use C2/C3 monomers derived from Neste’s renewable hydrocarbons. The feedstock is manufactured from waste and residue raw materials such as used cooking oil and renewable vegetable oils.
The C2/C3 monomers will replace those currently used by Clariant to develop advanced polyolefin solutions in several applications. “It provides a competitive advantage for our customers while making a sustainable impact across the value chain.”
Neste’s president and CEO Peter Vanacker said: “Combining Clariant’s in-depth know-how in the varying applications of adhesives, plastics and coatings, and 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 to provide maximum added value not only to sustainable brands in varying industries but also to their customers.”
Clariant’s licocene performance polymers and waxes are used by the adhesives, plastics and coatings industries for their sustainability and performance. With this partnership, Clariant will be able to provide sustainable polyolefin solutions derived from renewable hydrocarbons.