UPM Biochemicals and Selenis form strategic alliance to develop sustainable PETG
UPM Biochemicals and Selenis, a subsidiary of the IMG Group that produces speciality polyester resins for a wide range of applications, announced a partnership today that will help the packaging industry reduce its CO2 footprint and redefine the sustainability goals of its customers.
The goal of the strategic partnership is to produce sustainable polyethylene terephthalate glycol (PETG) resin that will accelerate the introduction of renewable, sustainable forest-sourced materials into plastic applications and reduce fossil resource dependency. PETG is a highly transparent, FDA approved material used in a large variety of applications including cosmetics and personal care packaging, heat shrink sleeves, and durable goods, such as bulk dispenser.
UPM will supply Selenis with its new sustainable bio mono-ethylene glycol (Bio-MEG), called UPM BioPura™, to make partial BioPETG. UPM BioPura™ is produced from sustainably sourced, certified hardwood obtained from forests in the regions around Leuna in Germany, where the company is building the world’s first industry scale biorefinery converting woody biomass into next generation biochemicals. The biomass does not compete with food resources and will enable manufacturers a viable option to redefine their net zero targets and significantly reduce their scope 3 emissions* by switching effortlessly from fossil-based, to a renewable, drop-in ingredient.
UPM Biochemicals is committed to the sustainable transformation of the packaging industry and is actively engaging with partners such as Selenis to develop new, sustainable applications and products based on the biochemicals to be produced in Leuna. Both companies have a shared vision to decrease the industry’s dependency on virgin fossil materials and to drive towards a net zero circular economy.
more at: https://www.upm.com/about-us/for-media/releases/2023/06/upm-biochemicals-and-selenis-form-strategic-alliance-to-develop-sustainable-petg/