INEOS and UPM Biofuels have announced a long-term agreement to supply a renewable raw material for bio-attributed polymers to be produced at INEOS’ facility in Köln, Germany.
As per the agreement, INEOS will use UPM BioVerno, a sustainable raw material from renewable residue of wood pulp processing, to produce bio-attributed polyolefins. These materials will be used in a range of products, including plastic food packaging and pipes.
According to the companies, applications will also include BIOVYN, the world’s first commercially available bio-attributed PVC, which is produced by INEOS business INOVYN.
Each step in the production process has been certified by the Roundtable on Sustainable Biomaterials (RSB). The process begins with UPM Biofuels converting the wood-based residue (crude tall oil) into hydrocarbons, through to production of the final polymer.
The result of UPM Biofuels’ production is a bio-based cracker feedstock that does not compete with food production. By replacing fossil based raw materials with UPM BioVerno in its cracker, INEOS products will contribute to a significant reduction in carbon emissions.
“The collaboration with INEOS is a great step forward in the bio-economy,” commented Maiju Helin, head of sustainability and market development at UPM Biofuels. “UPM BioVerno products now help to reduce climate and environmental impacts in an even broader range of applications. INEOS’ and UPM Biofuels’ commitment to RSB certification creates a strong common ground to build on.”
Rob Ingram, CEO of INEOS Olefins & Polymers Europe North, added: “The agreement supports INEOS plans to make plastic from renewable raw materials, which contribute to a significant reduction in carbon emissions.
"We are pleased to be working with UPM Biofuels. They place fundamental importance on commitment to innovation and resource efficiency as well as social and environmental responsibility. This partnership in combination with RSB certification gives customers the confidence that they are choosing a high quality, sustainable product."
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