Petrogenium’s Post

Did you know that most of the #plastics we use in daily life are produced with fossil fuels? A more sustainable solution exists. Polyethylene furanoate (PEF) plastics use biomass instead of crude oil as a feedstock, leading to a 75% reduction in relative lifecycle emissions. They are also easy to recycle and cost-competitive to traditional plastics. However, PEF currently makes up less than 1% of plastics, but can achieve scale with more efficient production methods. Mattiq is harnessing the power of #electrochemistry to advance commercially viable PEF pathways that will lead to cost and emissions reductions. Do you want to learn more about how we are paving the way for #sustainableplastics? Read our recent blog post here: https://lnkd.in/eXv6J8t8

🔍Not enough consumers want to pay higher prices for recycled polymers, placing a low value on the hydrogen content – could fuel subsidies attract polymer waste? 🔍It seems counter-intuitive, but where recycling costs are very high, hydrogen as syngas may win, especially if it can attract fuel or power-related incentives. 🔍Participants should focus more on all mechanisms to avoid plastic waste and re-use in environmentally and economically optimal ways – more than just recycling. 🔍The green lobby wants plastics eliminated rather than recycled, making recycling incentives appear unlikely – we will likely see more consumer mandates to recycle. 🔍Otherwise, we look at more potential company failures and why Air Products strategy is less popular – we also critique the latest EIA forecast as misleading. Click the link below for the C-MACC #global #chemical update for November 10, 2023: https://hubs.li/Q028wWhc0 Companies mentioned in this report: Rethink Plastic Alliance Unifi Manufacturing, Inc. (makers of REPREVE® ) Air Products OMV Topsoe ExxonMobil Tallgrass Energy Linde Bloom Energy Interzero NIO BASF Borealis Today's Commodities: #RecycledPolymers, #RPET, #PlasticWaste, #Plastics, #Hydrogen, #Syngas, #CO2, #RenewableFuels, #SAF, #Ammonia, #RNG, #Methane, #Solar, #Hydro #chemicalindustry #plasticsindustry #chemical #petrochemicals #sustainability #esginvesting #energy #plasticsrecycling #materials #manufacturing

We have been going through the energy transition – now we are embarking on the 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬 𝐓𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧. This was the focus of the World Bio Markets conference in The Hague this week. And at the heart of this transition is the 𝐜𝐡𝐞𝐦𝐢𝐜𝐚𝐥 𝐬𝐞𝐜𝐭𝐨𝐫, crucial to virtually every modern product and the backbone of European industry. Despite its significance, the sector’s role in environmental issues has been overlooked so far. Plastics and packaging play an important part here. While industry efforts have concentrated on recycling plastic materials, it's evident that this alone cannot achieve the necessary progress. In addition, to reach the really significant flows will require the de-fossilisation of fuels like ethanol, methanol and naphtha. The chart below illustrates how polymer production must evolve by 2050 to meet global net-zero targets for the chemical industry. Nova-institute describes this evolution as the ‘𝐝𝐞-𝐟𝐨𝐬𝐬𝐢𝐥𝐢𝐬𝐚𝐭𝐢𝐨𝐧’ of materials, transitioning from fossil-fuel based sources to 𝐫𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐜𝐚𝐫𝐛𝐨𝐧 𝐬𝐨𝐮𝐫𝐜𝐞𝐬, like: 1)     Bio-based 2)     CO2-based 3)     Recycling This will require substantial 𝐭𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 to support business activities that lower emissions in sectors such as marine and aviation. #worldbiomarkets #biobased #defossilisation #renewable #circularchemicals #finance #transitionfinance #sustainablefinance

Waste should not be wasted. For the chemical industry in particular, waste has the potential to become a crucial feedstock. The production of bulk and platform chemicals from streams that are currently discarded, incinerated or landfilled can significantly contribute to the reduction of CO2 emissions along product value chains in the Dutch Chemistry sector. Boelo Schuur, Program Director at ISPT, emphasizes the chemical sector's ability to improve its sustainability by using waste as a feedstock. However, this is easier said than done. Therefore, this article highlights our ReBBloCS-project, which is dedicated to addressing this challenge by pioneering novel circular value chains that enable the transformation of complex and mixed waste streams into valuable chemical products through the implementation of innovative conversion technologies. Read all about it here 👉🏼 https://lnkd.in/epUfTfS7 #circulaireeconomie #weekvandecirculaireeconomie #chemicalindustry #usedmaterial #circularity

BASF's Global Production Sites Achieve ISCC+ Certification July 23, 2024 – BASF's global major production sites for acrylics, alcohols, ethylene glycols, and acetate products have achieved ISCC+ certification, further supporting customers in reaching their sustainability goals and visions. This initiative enables over 60 products within BASF's portfolio to encompass a range of sustainability attributes. In addition to high-quality, reliable "classic" products, a significant portion of the portfolio now offers options with diverse sustainability attributes: "Low Carbon Footprint" and "Zero Carbon Footprint" products lead in reducing the carbon footprint, helping customers achieve their greenhouse gas reduction targets. "Bio-based" products are partly made from biomass and can be tracked via carbon-14 (C14). Ccycled® products use chemically recycled plastic waste or scrap tires as raw materials, supporting the circular economy. "Manufactured Using Green Energy" products highlight BASF's commitment to further reducing the environmental impact of the production process through renewable energy.

In the first of our "Saving the Ocean From Suffocation" series of blog posts, #SmartSolve chemist Firew Gemeda talks about single-use, fossil fuel-based plastics and the threat they continue to pose to the environment. 🌍 Gemeda also discusses an alternative solution: Bio-based compostable packaging materials derived from renewable resources and designed to decompose naturally. 🌿 Read more here ➡️ https://bit.ly/407WxTL

‘Renewable plastics as one of the drivers of the circular plastics economy’ is one of the highlight presentations on Day One of World Bio Markets 2024, given by Karin Molenveld, Program Manager - Renewable Plastics, Wageningen University & Research. Biobased and biodegradable plastics are an essential part of the future circular plastics economy. Karin will explain how they replace fossil inputs, show improved recyclability and do not accumulate when they end up in nature. Make sure you’re there in person to hear this talk - https://bit.ly/3TXZvYc #CircularEconomy #PlasticFree #RenewablePlastics #Biobased #Biodegradable

At IEI Plastics, we don't just create, we take responsibility. We ensure responsible end-of-life management for our products, promoting recycling, repurposing, and proper disposal. Let's work together for a sustainable future! Visit us: https://ieiplastics.com/  #business #sustainable #projects #renewableenergy #ieiplastics #engineeringplastics #plasticsindustry #Nylon66 #Nylon6 #Polyester #plasticsolutions #Polycarbonate #PBT #recycling #PMMA #Polypropylene #Polyethylene #Elastomer #plastics #additives #Adhesives #blending #sustainability #sustainable #environment #energy #circulareconomy #innovation #solar #news #newsupdate #environment #circularity #carboncredit #carboncredits #biodegradable #biobased #carboncredits #biodegradables #carboncredit 

Recent updates to the EU's packaging and waste directives highlight a clear move towards sustainability, emphasizing the reduction of waste and the promotion of recycling and biodegradable materials. It's a development that Roberto Ferrigno, European Bioplastics’s Head of EU Affairs, encapsulates powerfully: “The Regulation recognizes #biobased and #compostable plastics contribution to packaging #defossilization and waste prevention and calls on the Commission to propose sustainability criteria for biobased plastics and promote their contribution to recycled content targets. The future of #packaging should lie first and foremost in sustainable innovation and the transition to biobased plastics. This will have to lead to rethinking the current priority given to the energy use of #biomass.” Tom Hallam Louis Gore-Langton https://lnkd.in/eCbAexZu

In the manufacturing industry, the end of life stage marks the final chapter of a product's life cycle. When a product has fulfilled its purpose and is no longer in active service, it becomes obsolete or non-functional. At IEI Plastics, we excel in efficiently managing this crucial phase.   The end-of-life process involves various activities such as disposal, recycling, or repurposing of the product and its components. This stage plays a vital role in environmental sustainability, legal compliance, and the overall reputation of the manufacturing business.   Join us in prioritizing sustainability and responsible manufacturing practices! #business #sustainable #projects #renewableenergy #ieiplastics #engineeringplastics #plasticsindustry #Nylon66 #Nylon6 #Polyester #plasticsolutions #Polycarbonate #PBT #recycling #PMMA #Polypropylene #Polyethylene #Elastomer #plastics #additives #Adhesives #blending #sustainability #sustainable #environment #energy #circulareconomy #innovation #solar #news #newsupdate #environment #circularity #carboncredit #carboncredits #biodegradable #biobased