A brand-new collaboration between Neste and PCS is now underway and the predominant focus of this project, is on the decision that PCS will soon be making around replacing particular fossil-based feedstocks. These feedstocks are what the company uses to manufacture essential chemicals such as ethylene, propylene, and butadiene by Neste RE, the renewably-sourced feedstock which was created by Finland-based Neste. 

Neste RE is a material that is derived from renewable waste materials, which includes things such as, cooking oil and vegetable oil processing residues. Once it has been developed, Neste RE will be supplied to PCS’s facilities, which are located in Singapore. Not only will this be an excellent step forwards for the greener manufacturing industry, but on top of this, introducing new renewable raw materials into the system, with the intention of them becoming the replacement for fossil ones within the chemical and plastic industry, will have large and significant benefits for the company and the products. For example, making this change means that the carbon footprint within the products and the chemical and plastics value chains within the region will be much lower. However, this will not mean that the resulting products quality, safety or performance will suffer, as the company have ensured that the new version of the products will be equal to the old version when it comes to quality, safety and performance.

The first companies to receive the improved product will be businesses such as Mitsubishi Corporation, Toray Plastics, and Synthomer.

Managing Director at PCS, Hisashi Shibayama, commented, ‘The partnership is particularly significant as it establishes one of the first ISCC-certified renewable value chains for butadiene in Southeast Asia. This partnership not only emphasises our dedication to reducing reliance on virgin raw materials but also enhances our ability to meet the increasing demand from our customers for more sustainable solutions. This serves as the initial foundation in our vision to establish a sustainable essential chemicals’ ecosystem.”

Commercial Director, Polymers and Chemicals at Neste, Jeroen Verhoeven, mentioned that, ‘It represents the next step towards a sustainable chemicals ecosystem and ‘a significant step for Neste RE in Singapore.’’ He continued, “Together, we can help companies bring down their Scope 3 emissions in an efficient and impactful manner.”