Borealis also thinks that it is important not to compete with food because that's also a challenge as we look to feed the world,” said Trevor Davis. “So, we're looking to address the CO2 and global warming challenge using second generation feedstock.”
“Over their lifetime, plants store carbon, so they have a negative carbon value, and as they move from feedstock through production and logistics, some of that carbon is released. By the time the end product is made, we see a strong gain in CO2 to a negative 120% level, which we have had validated by some very detailed Life Cycle Analysis.”
“From this we move to mass balance, which is a methodology which makes it possible to track the amount and sustainability characteristics of circular and/or bio-based content in the value chain and put it into our existing infrastructure and track it through each step of the process. Borealis tracks not only our supplier, and our own process, but we also track converters, such as partners like Greiner Packaging, and then ultimately, we track the final applications. This process is validated by ISCC Plus (International Sustainability & Carbon Certification) which provides transparency throughout the entire value chain and then ultimately to consumers so that they can know that the material they're buying is based on these renewables.”
Borealis has undertaken some unique primary research in Europe to look at what consumers think about renewables. It showed that consumers very much want to do better for the planet. There are a number of different messages that we can give to consumers, and the one that resonated the most was just the simplest. An on-product claim, saying ‘better for the planet’ was ranked by 2,500 consumers in Europe. The survey also indicated that consumers would be willing to pay more for those products that had renewable, or a better from the planet, packaging.
Stephan Laske then announced an exciting breakthrough: Greiner Packaging had successfully produced the first polypropylene (PP) in-mold label (IML) cup prototypes made of Bornewables™ – a portfolio of premium polyolefins designed for circularity by Borealis, which use the ISCC Plus certification system ensuring the traceability of the renewable, sustainably produced feedstock from its point of origin through the entire chain of custody.