Neste has entered a cooperation with Suntory, ENEOS and Mitsubishi Corporation to enable the production of polyethylene terephthalate (PET) resin made with renewable Neste RE™ on a commercial scale. The introduction of bio-based materials will reduce fossil resource dependence in the PET value chain.
Neste RE is Neste’s feedstock for polymers production, made 100% from bio-based raw materials such as waste and residues, e.g. used cooking oil, to replace fossil feedstock in the value chain. Japanese beverage company, Suntory, will utilise the renewable PET resin to produce bottles for its products in 2024.