Page 169 - CW E-Magazine (11-6-2024)

News from Abroad

COLLABORATION
Neste, Marubeni and Resonac join hands to make

renewable chemicals in Japan

Finland-based renewable fuels and
chemicals supplier, Neste, and Japanese
fi rms – Marubeni Corporation and
Resonac Corporation – have inked a
deal to enable the production of renew-
able olefi ns and derivatives.

The cooperation involves Neste RE, a
Neste-produced renewable raw material,
being used to manufacture products
at chemicals company Resonac’s Oita
complex in Japan. Marubeni, a major
trading and investment conglomerate,
will coordinate all logistical arrange-
ments from Neste to Resonac.

Renewable Neste RE is a bio-based
feedstock used in steam crackers. It is and Resonac in tackling this chal- atively with Neste and Marubeni to
made from 100% renewable raw mate- lenge,” said Ms. Carrie Song, Senior cater to the need for renewable olefi ns
rials such as waste and residue oils and Vice President, Commercial, Renewa- and derivative products in the market.
fats. Consisting of pure hydrocarbons, ble Products at Neste. Resonac’s Oita Complex has been
Neste RE can be used to replace con- ISCC PLUS certifi ed.
ventional feedstock such as fossil naph- “We aim to contribute to the carbon
tha in chemicals value chains, contri- neutrality of the petrochemical industry The Oita Complex will continue
buting to a reduction in greenhouse gas by establishing a trade fl ow of diverse providing the market with renewable
(GHG) emissions. renewable feedstocks in addition to conven- olefi ns and derivative products by
tional raw materials,” said Mr. Yoshiaki applying a mass balance method based
“Replacing fossil resources in the Yokota, CEO Energy & Infrastructure on the ISCC system,” said Mr. Hirot-
production of plastics is one of the Solution Group at Marubeni. sugu Fukuda, General Manager of
major challenges the industry faces. We the Olefi ns & Derivatives Business
are excited to team up with Marubeni “We are very happy to work cooper- Unit at Resonac.

Li-Cycle, Daimler Truck join hands for recycling
lithium-ion batteries

Li-Cycle Holdings Corp., the Can- print. Li-Cycle and DTNA have a part- battery materials. Mr. Ajay Kochhar,
ada-based lithium-ion battery resource nership to recycle lithium-ion batteries Li-Cycle’s President and CEO, com-
recovery company, is partnering with from DTNA electric vehicles that reach mented, “Our environmentally friendly
Daimler Truck North America (DTNA), the end of their life cycle. Recycling and safe recycling technologies can
a part of German commercial vehicle lithium-ion batteries is part of DTNA’s recover critical materials to help create
manufacturer, Daimler Truck, to help the plans to maximise battery lifespans and a domestic closed-loop battery supply
latter archive its goal to integrate a com- reduce material waste. DTNA’s strategy chain, giving new life to these battery
prehensive circular economy approach emphasises repairing, remanufacturing, materials and helping power the world’s
across operations to reduce carbon foot- repurposing, and recycling lithium-ion transition to clean energy.”

Chemical Weekly June 11, 2024 169

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