Renewicals are made possible by renewable feedstocks and sustainable advanced manufacturing processes, leaving a smaller environmental footprint than traditional petrochemicals and biobased chemicals. "The challenge for industry today is to deliver better products that are sustainable and improve current living standards," said Elevance Executive VP of Sales and Market Development Andy Shafer. "Products that we use every day cannot be made to meet and exceed industry and consumer expectations. Elevance is leveraging groundbreaking new technology and repurposing nature's own compounds, without depleting the source."
Elevance makes building blocks and ingredients that outperform traditional biobased chemicals and petrochemicals, and is partnering with companies to bring better products to market.
The company recently introduced its Inherent C18 Diacid, the first product in the Inherent line of renewable building blocks. Shafer said that Elevance ingredients are coming for use in lubricants before the end of the year, adding to the company recently introduced lines of Elevance Soft personal care emollients and Elevance Smooth multifunction personal care polymers.
Elevance has announced collaborations with Arkema, Stepan Company and Wilmar International and others, to develop building blocks, ingredients and products that enable improved weather-ability, optical clarity and durability for improved automotive parts, electronics and consumer goods by delivering enhanced thermal, chemical and mechanical properties in high-performance polymers, including polyurethanes and polyesters, among other benefits.
Commercial shipments from the company's first biorefinery, a 180,000 MT joint venture with Wilmar International Ltd., located in Gresik, Indonesia, began earlier this year. The biorefinery is the first based on Elevance's proprietary metathesis technology with a Natchez, MS, biorefinery scheduled to be the second biorefinery with a capacity of 280,000 MT.