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Chemical Management

Neste and LG Chem Partner on Decarbonization Measures

Neste Corp and LG Chem Ltd.announced their expect to construct a key long haul association to create and develop the biopolymers and biochemicals market all around the world, and all the more explicitly, in LG Chem's home market Korea.

On account of the association, LG Chem will begin supplanting fossil feedstock ordinarily utilized in the assembling of polymers and synthetic substances with Neste Renewable Hydrocarbons in the impending months. This encourages LG Chem to create inexhaustible polymers and synthetic substances to meet the expanding maintainability necessities and desires for its clients –, for example, those delivering polyolefin-based holders, bundling, cleanliness items, and electronic materials – without settling on quality, execution or recyclability of its items.

“We are delighted to start collaborating with LG Chem, a company with one of the most diverse polymers and chemicals offerings in the world, to make an increasing impact on the global industry’s transformation towards a circular bioeconomy. This cooperation enables us to further expand the portfolio of applications that can benefit from Neste’s renewable drop-in solutions”, says Mercedes Alonso, Executive Vice President, Renewable Polymers and Chemicals from Neste.


“LG Chem’s proprietary technology and significant market share of diverse chemical products and Neste’s sustainable solution based on renewable hydrocarbons, have come together in a partnership that will pave the way for sustainable growth in building a circular bioeconomy for both parties and also the global industry”, says Kug Lae Noh, Executive Vice President and the President of Petrochemicals Company from LG Chem.


Neste’s renewable hydrocarbons are produced entirely from traceable, bio-based raw materials, such as waste and residue oils and fats, providing a high-quality, more sustainable alternative to fossil feedstock.

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