Time: 2024-07-17
Neste and the Mitsubishi Corporation ( MC ) have joined forces to develop value chains for renewable chemicals and plastics for Japanese brands across various industries . Neste will provide sustainable materials such as renewable Neste RE for plastics production , while MC will contribute its expertise in business development and Supply chain management of petrochemical products in the region . This collaboration aims to offer comprehensive solutions to Japanese brands seeking to reduce greenhouse gas emissions and reliance on fossil resources in their supply chains.
Through their partnership , Neste and MC have worked on previous projects , including the production of renewable PET bottles for Suntory Holdings and apparel from bio - based materials for Goldwin . Carrie Song , Neste 's senior vice - president of commercial , emphasized the significance of providing sustainable materials and integrating them into value chains to facilitate a transition to more environmentally friendly solutions . Yoshiyuki Watanabe , the chief operating officer of MC 's business development division , highlighted their strength in establishing supply chains and engaging with brand owners in Japan.
The strategic partnership between Neste and Mitsubishi Corporation focuses on developing renewable chemicals and plastics for Japanese brands in industries like food , beverage , apparel , and consumer electronics . By leveraging Neste 's sustainability expertise and renewable materials like Neste RE , as well as MC 's experience in supply chain management , the partners aim to accelerate the creation of defossilized supply chains for brand owners in Japan . This collaboration underscores the commitment to reducing greenhouse gas emissions and dependence on fossil resources in supply chains.
Carrie Song reiterated the collaborative effort to provide sustainability - minded companies in Japan with solutions to lower their plastics - related emissions . She emphasized the importance of offering both materials and expertise to facilitate the integration of sustainable solutions into value chains . Yoshiyuki Watanabe emphasized MC 's capability in establishing supply chains and connecting with various brand owners in Japan , highlighting the benefits of mutual collaboration in achieving economic , societal , and environmental goals.
This partnership between Neste and Mitsubishi Corporation aligns with their shared vision of transitioning from fossil - based to renewable plastics to contribute to the realization of a defossilized society in the materials sector . By combining their strengths and resources , the two companies aim to drive positive change and meet the evolving needs of society for sustainable and environmentally friendly solutions.
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