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Materials innovation and sustainability: 2021 business opportunities

This is a summary of a recent panel discussion with experts from Neste, Covestro, Unilever and the European Commission talking about scalable, affordable solutions to the sustainable materials challenge. The panel demonstrate progress, debate some difficult questions and highlight what is possible during 2021, a vitally important year, of course, for the climate. Thanks to Neste for their financial support in making this happen.

Panel:

Lars Börger, vice president brand owner management, Neste
Lynette Chung, chief sustainability officer, Covestro
Marika Lindstrom, vice president, procurement – packaging, and beauty and personal care, Unilever
Werner Bosmans, policy officer – circular economy, European Commission

Moderated by Toby Webb, Innovation Forum

In the face of a changing climate and ongoing resource scarcity, the sustainability of materials is a growing concern for business executives reliant upon a steady supply of materials in the coming decades. Innovation, scalability and affordability will be crucial in the race to produce the materials we all want and need in 2021 and beyond, while reducing fossil fuel footprints and the associated carbon impacts of product lifecycles.

That was certainly the mandate outlined by experts from Neste, Covestro, Unilever and the European Commission in an extended webinar-style podcast recorded by the Innovation Forum team.

The conversation started with Lars Börger, VP of renewable polymers and chemicals at Neste, explaining the challenge ahead for developing more sustainable materials. The Finnish company has been creating renewable solutions for the biofuels, polymers and chemicals sectors. Today, it is the world’s largest producer of renewable diesel and has capacity to produce three million tonnes of renewable products a year at its refineries in Finland, the Netherlands and Singapore.

Börger pointed to the fact that 20% of fossil fuels will be used in polymers and chemicals in the coming

Categories: Blogs/Wiki, Business
Topics: 2021 business opportunities, materials innovation and sustainability

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