{"id":147773,"date":"2024-07-12T07:35:00","date_gmt":"2024-07-12T05:35:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=147773"},"modified":"2024-07-09T11:15:10","modified_gmt":"2024-07-09T09:15:10","slug":"worlds-first-supply-chain-established-for-more-sustainable-polyester-fiber-based-on-co2-derived-material-as-well-as-renewable-and-bio-based-materials","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/worlds-first-supply-chain-established-for-more-sustainable-polyester-fiber-based-on-co2-derived-material-as-well-as-renewable-and-bio-based-materials\/","title":{"rendered":"World\u2019s first supply chain established for more sustainable polyester fiber based on CO2-derived material as well as renewable and bio-based materials"},"content":{"rendered":"\n\n
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\"Neste
Neste provides renewable Neste RE, a raw material for polymers and chemicals made from bio-based materials. \u00a9 Neste<\/figcaption><\/figure><\/div>\n\n\n

A consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fiber. Instead of fossil materials, renewable and bio-based materials as well as carbon capture and utilization (CCU*) will be used in the manufacturing of polyester fibers for The North Face brand in Japan. The consortium parties are Goldwin, in the role of project owner, Mitsubishi Corporation, Chiyoda Corporation (all three from Japan), SK geo centric (South Korea), Indorama Ventures (Thailand), India Glycols (India) and Neste.\u00a0<\/strong><\/p>\n\n\n\n

Neste will provide renewable\u00a0Neste RE\u2122<\/a>\u00a0as one of the required ingredients for polyester production. The polyester fiber produced in the project is planned to be used by Goldwin for a part of The North Face products, including sports uniforms, in July 2024. After that, the launch of further Goldwin products and brands will be considered.\u00a0<\/p>\n\n\n\n

The seven companies apply a mass balancing approach to ensure credible traceability of material streams throughout the supply chain and will jointly continue to proactively promote the defossilization of materials to contribute to a more sustainable society.

*)<\/sup> <\/em>Regarding the production of para-xylene derived from CO2\u00a0as a raw material, the University of Toyama, HighChem Company Limited, Nippon Steel Engineering Co. Ltd., Nippon Steel Corporation, Chiyoda Corporation and Mitsubishi Corporation were granted a NEDO project (New Energy and Industrial Technology Development Organization) status in 2020: “Technology Development for Carbon Recycling and Next Generation Thermal Power Generation\/Technology Development for CO2\u00a0Emission Reduction and Effective Utilization”. They are conducting joint research and development. This project is to supply CO2-derived para-xylene in the course of a trial. It has been produced during the operation process of a pilot plant installed in Chiyoda Corporation’s Koyasu Research Park since March 2022<\/sub>.<\/p>\n\n\n

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\u00a9 Neste<\/figcaption><\/figure><\/div>\n\n\n



About Neste<\/strong><\/h3>\n\n\n\n

Neste (NESTE, Nasdaq Helsinki) uses science and innovative technology to transform waste and other resources into renewable fuels and circular raw materials. The company creates solutions for combating climate change and accelerating a shift to a circular economy. Being the world\u2019s leading producer of sustainable aviation fuel (SAF) and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals, the company aims to help its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030.<\/p>\n\n\n\n

The company\u2019s ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe. Neste is committed to reaching carbon-neutral production by 2035, and will reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and the supply chain. The company has consistently been included in the CDP and the Global 100 lists of the world\u2019s most sustainable companies. In 2023, Neste’s revenue stood at EUR 22.9 billion.<\/p>\n\n\n\n

More information<\/h3>\n\n\n\n