Dow and New Energy Blue announce collaboration to develop renewable plastic materials from corn residue
Bio-based solutions are gaining traction across the globe. Recently, Dow and New Energy Blue, LLC, entered a long-term supply agreement for the production of bio-based ethylene, which will be produced from corn residues. The use of corn residue will create additional income for farmers and will be utilized to produce low-carbon alternatives.
The produced bio-based solution will be used for recyclable applications in the transportation, footwear, and packaging industries. Right now, the bio-ethylene market is consolidated among a few players, and Braskem is a leading manufacturer across the globe.