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University of York wins funding to develop biobased polymers

February 21, 2014

BY University of York

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Neste, Lotte Chemical team up on renewable chemicals and plastics

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Neste and Lotte Chemical are teaming up to make chemicals and plastics more sustainable. The collaboration will see Neste providing renewable Neste RE, a raw material for chemicals and plastics made from 100% renewable raw materials.

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New Energy Blue on March 18 announced the formation of New Energy Chemicals. In phase one, the biochemical subsidiary will produce biobased ethylene for use in Dow’s renewable plastics. In phase two, the subsidiary will expand to SAF production.

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