Clariant and Neste join forces to develop sustainable waxes
Clariant has signed an agreement for a partnership with Neste, the world’s leading provider of sustainable renewable diesel and an expert in delivering drop-in renewable chemical solutions. By using Neste’s renewable hydrocarbons in its product development, Clariant plans to increase the number of products in its portfolio that are derived from renewable raw materials. As a result, sustainable solutions become more accessible to a variety of industries, including plastics procdessing, adhesives, and coatings.
Clariant’s Licocene performance polymers and waxes are already highly-valued by the adhesives, plastics and coatings industry for their ability to offer superior sustainability and performance in use. In the plastic sector, they are used as masterbatch carrier materials and pigment dispersants. Through the partnership with Neste, Clariant can offer sustainable polyolefin solutions derived from renewable hydrocarbons.
Christian Kohlpaintner, Member of Clariant’s Executive Committee, comments: “Sustainability is one of Clariant’s five strategic pillars. This new partnership with Neste is a significant milestone in providing a sustainable future for Clariant and its customers. It is an exemplary cooperation because it provides a competitive advantage for our customers while making a sustainable impact across the value chain.”
Peter Vanacker, President & CEO, Neste, comments: “Combining Clariant’s in-depth knowhow in the varying applications of adhesives, plastics and coatings, and Neste’s extensive knowledge and experience in working with bio-based materials to produce a variety of drop-in renewable solutions, enables both companies to develop their sustainable material offering to provide maximum added value not only to sustainable brands in varying industries, but also to their customers.”
The raw materials, C2/C3 monomers, are derived from Neste’s renewable hydrocarbons produced from 100% renewable feedstock that originates from waste and residue raw materials, such as used cooking oil, and renewable vegetable oils. These C2 and C3 monomers provide drop-in replacements for those currently used by Clariant to create advanced polyolefin solutions for a wide range of applications.