Neste, Mitsui Chemicals and Toyota Tsusho join forces on renewable plastics production
By Mary Page Bailey |
May 20, 2021
Neste Corp. (Espoo, Finland), Mitsui Chemicals, Inc. (Tokyo) and Toyota Tsusho Corp. announced that they are joining forces to enable Japan’s first industrial-scale production of renewable plastics and chemicals from 100% bio-based hydrocarbons.
In this collaboration, Mitsui Chemicals will use Neste RE 100% bio-based hydrocarbons produced by Neste, to replace a part of the fossil feedstock in the production of a variety of plastics and chemicals at its crackers within Osaka Works during 2021. In doing so, Mitsui Chemicals will become Japan’s first company to use bio-based feedstock in its crackers. The collaboration between Neste, Mitsui Chemicals and Toyota Tsusho will enable brand owners and other potential clients in the Asian market, particularly in Japan, to start incorporating renewable plastics and chemicals into their products and offerings.
Neste, Mitsui Chemicals and Toyota Tsusho collaborate to start Japan s first production of renewable plastics
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Upstream Security Raises $36M from Mitsui Sumitomo Insurance to Disrupt the Telematics Insurance Space
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Security Bank, MUFG Bank celebrate 5 years of cross-border alliance in the Philippine financial industry
April 29, 2021 | 10:00 am
Security Bank Corporation (PSE: SECB) and MUFG Bank, Ltd. (MUFG) celebrate five years of a strategic partnership that have allowed both banks to provide better financial services to Philippine corporate and SME communities.
The partnership, which started in 2016, began with global bank MUFG acquiring a 20% stake in Security Bank for Php 36.9 billion. Since then, the two lenders have capitalized on its partnership by bringing top-notch products and services to customers while enjoying the benefits of continued innovation in financial services.
On January 14, 2016, Security Bank Corporation and MUFG Bank of Japan sealed its strategic partnership. Pictured L-R Security Bank Chairman, Alberto S. Villarosa, Frederick Y. Dy, Chairman Emeritus and Go Watanabe, Managing Executive Officer and Chief Executive Officer for Asia and Oceania at MUFG Bank of Jap