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Neste and Mitsubishi Corporation Join Forces to Develop Eco-Friendly Supply Chains for Plastics and Chemicals

July 17, 2024 2 min read
author Anamika Mishra, Sub Editor
A strategic cooperation between Neste and Mitsubishi Corporation (MC) will concentrate on creating value chains for renewable chemicals and polymers for and with Japanese companies. The partners are focusing on brands in the consumer electronics, fashion, and food and beverage industries.Neste and MC hope to expedite their efforts to create DE- fossilized supply chains for Japanese brand owners through this partnership. Throughout the collaboration, Neste will contribute its knowledge of sustainability and the development of more sustainable materials, including renewable Neste RE, a bio-based raw material used in the manufacturing of plastics. MC will offer its extensive background in supply chain management and business development for petrochemical products and derivatives in the area. When it comes to helping Japanese brands cut down on their usage of fossil fuels and greenhouse gas emissions in their supply chains, the partners will provide all-inclusive solutions. Neste and MC have previously worked together on several distinguish projects, such as a multi-party partnership to produce clothing from bio-based materials for Goldwin Inc. and a partnership with other partners to enable the production of

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