A consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fiber.
Instead of fossil materials, renewable and bio-based materials as well as carbon capture and utilization (CCU*) will be used in the manufacturing of polyester fibers for The North Face brand in Japan.
The consortium parties are Goldwin, in the role of project owner, Mitsubishi Corporation, Chiyoda Corporation (all three from Japan), SK geo centric (South Korea), Indorama Ventures (Thailand), India Glycols (India) and Neste.
Following Mass Balance Approach for Material Traceability
Neste will provide renewable Neste RE™ as one of the required ingredients for polyester production. The polyester fiber produced in the project is planned to be used by Goldwin for a part of The North Face products, including sports uniforms, in July 2024. After that, the launch of further Goldwin products and brands will be considered.
The seven companies apply a mass balancing approach to ensure credible traceability of material streams throughout the supply chain and will jointly continue to proactively promote the defossilization of materials to contribute to a more sustainable society.
Source: specialchem.com
Ineos Composites is a global manufacturer of unsaturated polyester resins, vinyl ester resins, and gelcoats used in plastic composites for a wide range of applications. The business has combined sales of more than €800 million annually and employs ~900 employees across 17 sites and 3 technology centers in Europe, North and South America, Asia, and the Middle East.
Karen S. Carter will be responsible for driving business and operational performance across the organization with a focus on strengthening customer engagement and relationships, accelerating the commercialization of Dow’s innovation pipeline, and enhancing the Company’s reliability and service to customers.
Katja Wodjereck most recently served at Neste, where she joined as Executive Vice President of the Renewable Road Transportation division in April 2023 and was later appointed Executive Vice President of Renewable Products in November 2023.
