Sumitomo Chemical and Axens have signed a license agreement of ethanol-to-ethylene technology Atol® for Sumitomo Chemical’s waste-to-polyolefins project in Japan.
In the project, to promote circular economy, Axens’ Atol technology will transform ethanol produced from waste into polymer-grade ethylene that will be polymerised in Sumitomo Chemical’s assets into polyolefin, a key product in the petrochemical industry.
At full roll-out, the project will enable the production of waste-based polyolefin at industrial scale, which will represent a leapfrog towards a sustainable economy based on renewable carbon.
Axens Renewables Business Group Director, Frédéric Balligand, said: “This project addresses the waste plastics issue by reusing them as a feedstock in a context of greenhouse gas emission reduction. With its wide portfolio of renewable technologies, Axens is ready to support players in the industry to overcome the challenges of the future. Axens is excited to work with Sumitomo Chemical for this project with Atol technology, accelerating the deployment of circular economy in Japan.”
Read the article online at: https://www.hydrocarbonengineering.com/the-environment/15122020/sumitomo-chemical-grants-axens-contract/