{"id":81416,"date":"2020-11-17T07:41:19","date_gmt":"2020-11-17T06:41:19","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=81416"},"modified":"2020-11-09T12:19:01","modified_gmt":"2020-11-09T11:19:01","slug":"neste-and-lg-chem-building-a-strategic-partnership-to-drive-the-polymers-and-chemicals-industry-transformation-towards-a-circular-bioeconomy","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/neste-and-lg-chem-building-a-strategic-partnership-to-drive-the-polymers-and-chemicals-industry-transformation-towards-a-circular-bioeconomy\/","title":{"rendered":"Neste and LG Chem building a strategic partnership to drive the polymers and chemicals industry transformation towards a circular bioeconomy"},"content":{"rendered":"<p><strong>Neste, the world\u2019s leading producer of renewable diesel and sustainable aviation fuel and a forerunner as a provider of renewable and circular solutions for the petrochemical industry, and LG Chem, South Korea\u2019s largest diversified petrochemicals company and a world\u2019s leading manufacturer of lithium-ion batteries for energy solutions, have today announced their aim to build a strategic long-term partnership to develop and grow the biopolymers and biochemicals market globally, and more specifically, in the LG Chem\u2019s home market Korea.<\/strong><\/p>\n<figure id=\"attachment_81418\" aria-describedby=\"caption-attachment-81418\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-81418\" src=\"https:\/\/renewable-carbon.eu\/news\/wp-content\/uploads\/2020\/11\/20-11-09-neste-lg-chem-300x200.jpg\" alt=\"Panoramic view of LG Chem\u2019s petrochemical complex in Yeosu, South Korea.\" width=\"300\" height=\"200\" srcset=\"https:\/\/renewable-carbon.eu\/news\/media\/2020\/11\/20-11-09-neste-lg-chem-300x200.jpg 300w, https:\/\/renewable-carbon.eu\/news\/media\/2020\/11\/20-11-09-neste-lg-chem-600x400.jpg 600w, https:\/\/renewable-carbon.eu\/news\/media\/2020\/11\/20-11-09-neste-lg-chem.jpg 800w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-81418\" class=\"wp-caption-text\">Panoramic view of LG Chem\u2019s petrochemical complex in Yeosu, South Korea.<\/figcaption><\/figure>\n<p>Thanks to the partnership, LG Chem will start replacing fossil feedstock commonly used in the manufacturing of polymers and chemicals with Neste Renewable Hydrocarbons in the upcoming months. This helps LG Chem to produce renewable polymers and chemicals to meet the increasing sustainability requirements and expectations of its customers \u2013 such as those producing polyolefin-based containers, packaging, hygiene products, and electronic materials \u2013 without compromising on quality, performance or recyclability of its products.<\/p>\n<p>\u201cWe are delighted to start collaborating with LG Chem, a company with one of the most diverse polymers and chemicals offerings in the world, to make an increasing impact on the global industry\u2019s transformation towards a circular bioeconomy. This cooperation enables us to further expand the portfolio of applications that can benefit from Neste\u2019s renewable drop-in solutions\u201d, says Mercedes Alonso, Executive Vice President, Renewable Polymers and Chemicals from Neste.<\/p>\n<p>&#8220;LG Chem\u2019s proprietary technology and significant market share of diverse chemical products and Neste\u2019s sustainable solution based on renewable hydrocarbons, have come together in a partnership that will pave the way for sustainable growth in building a circular bioeconomy for both parties and also the global industry\u201d, says Kug Lae Noh, Executive Vice President and the President of Petrochemicals Company from LG Chem.<\/p>\n<p>Neste\u2019s renewable hydrocarbons are produced entirely from traceable, bio-based raw materials, such as waste and residue oils and fats, providing a high-quality, more sustainable alternative to fossil feedstock.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LG Chem will start replacing fossil feedstock commonly used in the manufacturing of polymers and chemicals with Neste Renewable Hydrocarbons in the upcoming months<\/p>\n","protected":false},"author":58,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[16380,5838,10416],"supplier":[1567,13454,11708],"class_list":["post-81416","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-biobased","tag-bioeconomy","tag-circulareconomy","supplier-lg-chem","supplier-lg-sound-systems","supplier-neste"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/81416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=81416"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/81416\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=81416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=81416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=81416"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=81416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}