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Neste, Idemitsu Kosan, Chimei and Mitsubishi Corporation have agreed to build a renewable plastics supply chain. (Source: New Africa - stock.adobe.com)
Green Strategy

Introducing a New Renewable Plastics Supply Chain

Neste, Idemitsu Kosan, Chimei and Mitsubishi Corporation have come together to develop a unique renewable plastics supply chain which will make use of bio-based hydrocarbons (Neste Re) for the production of styrene monomer (bio-SM), and its mass balanced renewable plastics derivatives including acrylonitrile butadiene styrene (bio-ABS) for the production of renewable plastics.

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Lyondell Basell and 23 Oaks Investments signed an agreement to create Source One Plastics, a joint venture that will build an energy efficient, advanced plastic waste sorting and recycling facility in Germany. (Source: Lyondell Basell Industries )
Circular Economy

Lyondell Basell, 23 Oaks Investments Establish JV for Plastic Waste Sorting and Recycling Plant

Under the terms of the agreement, Lyondell Basell and 23 Oaks Investments, a solution provider in the upcycling of PCR plastic waste, will establish a joint venture called Source One Plastics. The JV will aim to develop an advanced plastic waste sorting and recycling facility in Germany which will produce processed waste for Lyondell Basell’s new advanced recycling plant in Wesseling, Germany.

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Various options exist for each of these components, opening up a wide range of possible combinations. (Source: Fraunhofer ISI, Solid-state battery roadmap 2035+, April 2022. )
Game Changing Solutions

The Race to Develop Solid-State Batteries for EVs

Solid-state batteries are termed as the next generation of batteries for electric vehicles due to their many plus points over traditional lithium-ion batteries including higher energy density, quick charge and safer operations. The first player in the market to mass-produce these batteries will enjoy a significant advantage over its competitors, thus, chemical companies are also looking to develop unique solutions for these batteries.

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