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Latest News: Sustainability

Neste strengthens renewable-material sourcing with U.S. acquisition

Neste Corp. (Espoo, Finland; www.neste.com) has agreed to acquire 100% of Mahoney Environmental (Mahoney), a collector and recycler of used cooking oil in the United States, and its affiliated entities. The transaction is subject to the fulfillment of customary closing…

DSM, Sabic and UPM Biofuels collaborate to create bio-based high-performance fibers

Royal DSM N.V. (Heerlen, the Netherlands; www.dsm.com), SABIC (Riyadh, Saudi Arabia; www.sabic.com) and UPM Biofuels (Helsinki, Finland; www.upmbiofuels.com) announced a partnership that will help to reduce the environmental footprint of Dyneema, the world’s strongest fiber. The collaboration will see Dyneema…

SaltX makes progress on energy-storage pilot plant in China

SaltX Technology AB (Hägersten, Sweden; www.saltxtechnology.com) announced that its partner in China, Shuangliang Boiler Co. LTD (Shuangliang), has moved into the next phase of its pilot plant project. As part of the development work, design parameters have been set and a…

Borealis begins producing certified renewable polypropylene at two sites

Borealis AG (Vienna, Austria; www.borealisgroup.com) has started to produce polypropylene (PP) based on Neste-produced renewable feedstock in its production facilities in Kallo and Beringen, Belgium. This marks the first time that Borealis has replaced fossil-fuel-based feedstock in its large-scale commercial…

Neste and Mirova invest in commercializing chemical-recycling technology

Neste Corp. (Espoo, Finland; www.neste.com) and sustainability-focused investment company Mirova announced a combined €10-million investment into Recycling Technologies Ltd., a specialist plastic recycling technology provider. The aim is to accelerate the development of chemical recycling and foster the transition to…

Gevo and Viva Energy to develop renewable hydrocarbons in Australia

Gevo, Inc. (Englewood, Colo.; www.gevo.com) has signed a Heads of Agreement (HOA) with Viva Energy Australia Pty Ltd, one of Australia’s leading energy companies and the exclusive supplier of Shell fuels and lubricants in Australia. The HOA will further solidify…

Neste acquires stake in renewable hydrogen specialist Sunfire

Neste Corp. (Espoo, Finland; www.neste.com) has acquired a minority stake in the German cleantech company Sunfire GmbH (Dresden, Germany; www.sunfire.de). Sunfire is a leading developer of high-temperature electrolysis technology. The company’s patented technology allows the production of renewable hydrogen as…

Axens to provide technology for new bioethanol plant in Croatia

The Croatian oil and gas company INA has awarded Axens (Rueil Malmaison, France; www.axens.net) a license agreement to supply Futurol cellulosic ethanol technology and contract for basic engineering design of an advanced bioethanol production plant in Sisak, Croatia. Supplying INA…

Sumitomo Chemical and Muroran Institute of Technology accelerate joint research on chemical recycling

Muroran Institute of Technology and Sumitomo Chemical Co. (Tokyo, Japan; www.sumitomo-chem.co.jp) will accelerate joint research on a new chemical recycling technology, which chemically decomposes waste plastics and reuses them as raw materials for petrochemical products, including plastics. In another joint…

Braskem signs contract with Votalia for supply of solar energy

Voltalia (Paris, France; www.voltalia.com), an international player in renewable energies, has signed a power sale contract with Braskem (São Paulo, Brazil; www.braskem.com.br). This client, as well as other long-term clients previously secured, will be supplied by Voltalia’s Solar Serra do…