Market Updates

Clariant Partners with Neste

November, 2018

Clariant partners with Neste, who is one of the provider of sustainable diesel and renewable chemical provider. The partnership will include Neste’s renewable hydrocarbons to increase the product portfolio that are derived from renewable raw materials. Clariant attaining the sustainable solutions will positively impact various industries such as, plastics, adhesives and coating market.

Neste’s C2/C3 monomers derived from renewable hydrocarbons will be utilized by Clariant. The feedstock is manufactured from residue and waste raw materials such as used renewable vegetable oils and cooking oil. Monomers utilised by Clariant will be replaced by monomers C2/C3 to develop advanced polyolefin solutions, utilized for various applications.

As per the Neste’s CEO, the partnership will be very effective owing the Clariant’s deep knowledge in various applications like adhesives, coatings and plastic. And Neste’s knowledge and experience working with bio based materials to manufacture renewable solutions.

About Clariant - Clariant is a comprehensive manufacturer of specialty chemical products. It is a Switzerland-based company and operates through four business areas: Care Chemicals, Catalysis, Natural Resources, and Plastics and Coatings. The company's products application is in industrial, home care, crop protection, paints and coatings, automotive, plastic, transportation, refining and pharmaceuticals markets. It operates through a network of manufacturing facilities, research and development, and technical centres across the world.

About Neste - Neste is the world’s leading provider of sustainable renewable diesel and a leader in renewable chemical solutions. They have wide range of renewable products that helps customers to reduce emissions. In 2018, Neste is stated as 2nd on the Global 100 list of most sustainable companies in the world.

— Vasundhra Singh,
Assistant Research Executive,
Infoholic Research