Finnish petroleum company Neste will supply Neste RE, a renewable material in the production of chemicals and plastics, to PCS in Singapore. This is stated in a press release.

The deliveries are part of a collaboration between the companies to provide sustainable solutions to the chemical industry in Southeast Asia.

Neste RE will replace fossil raw materials used at PCS's facilities on Jurong Island in Singapore. With the help of Neste RE, PCS will be able to produce key products such as ethylene, propylene and butadiene. These products will then be supplied to customers in various sectors across the region.

Initial deliveries will include butadiene to Mitsubishi Corporation, Toray Plastics (Malaysia) and Synthomer.

No financial details are given.