The proximity to green methanol supply will enable pricing that works for its customers, as well as supply chain efficiency, expected higher CO2 savings and a faster route to market, it said. The company says its overall mission remains unchanged: scale fossil-free plastics globally to meet growing customer demand.
The first-of-its-kind plant will have a capacity of 200KTA and will use 100 percent segregated green propylene and ethylene as feedstock to produce a wide range of polypropylene grades. With high-purity feedstock and proven technology, polypropylene will serve as a direct drop-in replacement for fossil-based alternatives. The plastics produced will be fully traceable and CO2 negative, allowing customers to reduce their Scope 3 emissions.
