Page 171 - CW E-Magazine (15-10-2024)

News from Abroad

rial at its Porvoo refinery in Finland
and turning it into Neste RE, a recycled
drop-in feedstock for the production of
new plastics and chemicals.

The aggregation tanks will be
located in the Port of Rotterdam to
optimise supply chains and stream-
line logistics. As Neste is securing
liquefied waste plastic supply through
various suppliers across Europe, this
central and major logistics hub offers
seamless connectivity to the conti-
nent’s expansive infrastructure. The
tank solution and surrounding infra-
structure will ensure safe and reliable
storage of liquefied waste plastic.

The tanks are expected to be chain and in reaching our ambitious brings,” said Mr. Andreas Teir, Head
operational in the second half of goals of processing liquefied waste of Chemical Recycling at Neste.
2025, matching the schedule for the plastic. We are continuously expand-
ongoing construction of capacity ing our network of suppliers for lique- Neste is advancing chemical re-
upgrading facilities for liquefied fied waste plastic and the new stor- cycling of plastic waste and has the
waste plastic in Porvoo. age significantly enhances our offtake ambition to process over 1-mtoa
flexibility. This paves the way for a of plastic waste. To process larger
“The new aggregation tanks in more sustainable and circular plastics amounts of liquefied waste feeds, the
Rotterdam enabling efficient logistics economy and we are excited about company is building capacities for
are crucial in optimising our supply the opportunities this collaboration 150,000-tpa of liquefied waste plastic.
COLLABORATION
Kao and Thailand’s CP Group forge partnership

for sustainable consumer and chemical products

Kao Corporation, the Japanese
manufacturer of consumer and indus-
trial chemical products, and Thai con-
glomerate Charoen Pokphand (CP)
Group have signed a MoU to drive
collaboration in co-creating sustain-
able consumer and chemical products.

The two companies agreed to
jointly create a new house brand for
CP Group with product and innovation
support from Kao Group. Furthermore,
both parties will consider importing
environmentally friendly products
from Kao to be distributed through
CP’s extensive retail and distribution
network.

Chemical Weekly October 15, 2024 171

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