“The agreement supports Ineos plans to make plastics from renewable raw materials, which contribute to a significant reduction in carbon emissions.”
UK-based chemicals giant Ineos has teamed up with Finland-headquartered renewable fuels specialist UPM Biofuels to ink a bioplastic supply agreement.
Ineos will use UPM BioVerno, a sustainable raw material from a renewable residue of wood pulp processing, to produce what it describes as bio-attributed polyolefins.
The chemicals firm will produce this material at its Köln arm in Germany.
According to Ineos, these naturally derived feedstocks will be used in a wide range of plastics in applications such as food packaging, medical and pipes. Applications also include Biovyn, the world’s first commercially available bio-attributed PVC, produced by Inovyn an Ineos Business.
Biovyn, the world’s first commercially available bio-attributed PVC, produced by Inovyn an Ineos Business.
Maiju Helin, Head of Sustainability and Market Development at UPM Biofuels, said: “The collaboration with Ineos is a great step forward in the bioeconomy. UPM BioVerno products now help to reduce climate and environmental impacts in an even broader range of applications. Ineos’s and UPM Biofuels’ commitment to RSB certification creates a strong common ground to build on.”
UPM’s bio-based cracker feedstock will be used by Ineos to make drop-in products that have a proven positive environmental impact whilst retaining the same high performance and quality standards expected by customers.
Rob Ingram, CEO at Ineos Olefins & Polymers Europe North, said: “The agreement supports Ineos plans to make plastics 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.”