Mitsui Chemicals and Toyota Tsusho adopt Neste's biobased hydrocarbons for plastic production

May 27, 2021
Last Updated:
May 27, 2021
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The groups will use a mass balance approach to market the resulting plastics products; resulting products will not be 100% bio-based despite some suggestive headlines. This move isn't unexpected, as it comes amid stronger adoption of both drop-in bio-based feedstocks and mass balance approaches. The key question remains: What is the value of mass balance certified plastic? Clients should monitor the adoption of these plastics to understand the answer.

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