Neste to supply recycled and renewable feedstocks to Braskem

Neste and Braskem have reached an agreement for the supply of renewable and recycled feedstocks for polymers and chemicals production.

Processing of the renewable and recycled feedstocks from Neste will take place at Braskem’s facilities in South America. (Source: Baskem)

Neste will supply its more sustainable feedstock Neste RE: the recycled feedstock, produced leveraging plastic waste via chemical recycling, and the renewable feedstock produced by processing renewable raw materials such as used cooking oil.

Chemical recycling enables recycling of difficult-to-recycle plastic waste, such as multi-material or colored plastics. Neste’s chemically recycled feedstock can contribute to increasing recycling and help reduce the amount of plastic waste entering the environment.

For Neste’s renewable feedstock, it is produced using renewable raw materials such as waste and residue oils and fats, or residues from vegetable oil processing. These help reduce greenhouse gas emissions when replacing fossil feedstock in the manufacturing of plastics and chemicals.

Both feedstocks enable manufacturing products for sensitive applications, such as food-contact packaging. An ISCC PLUS certified mass balance approach will be applied to integrate the new feedstocks into Braskem’s existing processes.

Braskem products based on Neste’s feedstocks are expected to be available on the market starting from the fourth quarter of 2024. These products will be sold mainly in South America and included in Braskem’s Wenew product portfolio.