FKuR and SKYi establish joint venture in India
FKuR Kunststoff GmbH and India’s SKYi Innovations LLP recently established the Skyi FKuR Biopolymers Pvt Ltd joint venture at the end of 2019 to further strengthen their cooperation. The local production of biodegradable, partially biobased plastics has now begun. This is a further step in implementing the FKuR mission to leave the world a little better than we found it by using sustainable plastics solutions. The joint venture produces a significant part of the Bio-Flex®product range for local demand as well as for distribution to neighbouring regions. Bio-Flex® is a family of flexible #bioplastics for a wide range of processing methods. They are fully biodegradable or compostable and are based entirely or partly on natural raw materials.
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Avantium secures new offtake agreements for PEF resin
Avantium N.V. announced that its subsidiary Avantium Renewable Polymers (Avantium RNP) has signed two additional conditional offtake agreements for the supply of polyethylene furanoate (PEF) resin to manufacture bottles and films, bringing the total now to four such contracts. The partners involved include specialty chemical company Toyobo (Japan), specialty polyester film producer Terphane (USA), the beverage bottling company Refresco (Netherlands), and a major global food & beverage brand owner.
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Neste’s renewable products helped customers to reduce greenhouse gas emissions globally by 10 million tons in 2020
In 2020, Neste’s renewable products helped customers in several geographic markets to reduce greenhouse gas emissions by 10.0 million tons altogether. This amount equals the annual carbon footprint of 1.5 million average EU citizens (source: World Bank) or the removal of 3.7 million passenger cars from the roads for a full year. “We are committed to help customers reduce greenhouse gas emissions by 20 million tons annually by 2030. We aim to achieve this commitment with our portfolio of renewable and circular solutions for road transportation and aviation, as well as for the plastics and chemicals industries,” says Peter Vanacker, President and CEO of Neste.
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