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Orthex Group Moves Toward More Sustainable Raw Materials in Cooperation with INEOS Styrolution and BASF - Orthex, a leading Nordic producer of household products, has selected a range of INEOS Styrolution’s sustainable Luran® ECO raw materials for its range of SmartStore™ Compact storage products - INEOS-Styrolution.com / OrthexGroup.com / BASF.com
Orthex Group Moves Toward More Sustainable Raw Materials in Cooperation with INEOS Styrolution and BASF

 

NewswireTODAY - /newswire/ - Ludwigshafen, Rhineland-Palatinate, Germany, 2022/09/15 - Orthex, a leading Nordic producer of household products, has selected a range of INEOS Styrolution’s sustainable Luran® ECO raw materials for its range of SmartStore™ Compact storage products - INEOS-Styrolution.com / OrthexGroup.com / BASF.com. Frankfurt (BAS)

   
 
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• Orthex houseware storage products made from INEOS Styrolution’s Luran ECO materials;
• Biomass balanced styrene as plastic feedstock supplied by BASF;
• Certified production processes and materials.

Luran ECO is a styrene acrylonitrile copolymer (SAN) resulting from a cooperation between INEOS Styrolution and BASF. It is built on BASF’s production of styrene monomer derived from renewable feedstock based on a mass balance approach. INEOS Styrolution uses the material as feedstock in its production of new sustainable styrenics solutions. According to an independent third-party assessment, the carbon footprint of the new material is 93% lower compared to the fossil-based Luran version.

Orthex Group is a leading Nordic houseware producer that strives to make consumers’ everyday lives easier with its products. The company has long championed sustainability with a focus on long-lasting products and increasing the use of recycled and bio-based materials to replace fossil-based plastic.

As a next step, Orthex will start using new biomass balance based Luran ECO raw material for the entire SmartStore Compact storage range. Orthex Group’s main criteria for selecting this material by INEOS Styrolution are easy processability, compliance with food contact regulations, and a reduced carbon footprint.

Alexander Rosenlew, CEO of Orthex Group, comments: “This new raw material solution will support our long-term carbon neutrality target. INEOS Styrolution and BASF make it possible for us to offer consumers more sustainable products. This supports our target to increase the share of sustainable raw materials in our production to 80% by 2030.”

Luran ECO with significantly reduced CO2 footprint

BASF’s biomass balance (BMB) based styrene is used by INEOS Styrolution in the production of bio-attributed styrenics specialties, mainly transparent styrenics materials such as the company’s NAS® family of styrene methyl methacrylate (SMMA) products and the Luran family of SAN products. The BASF and INEOS Styrolution processes within the end-to-end mass balance based production of the new solution portfolio are certified by ISCC+.

Artur Sokolowski, Director Sales Electronics & Household EMEA at INEOS Styrolution, comments: “Orthex is an innovative and fast-moving company. I am pleased to see that we have been able to provide a solution to Orthex that helps them to reach their ambitious sustainability target.”

Biomass balanced styrene To produce styrene BMB, BASF replaces fossil resources like naphtha or natural gas with renewable feedstocks derived from organic waste or vegetable oils. It is one way to produce styrene via a mass balance approach. Mass balance is a chain-of-custody model that keeps track of the total amount (e.g., circular or other alternative) of feedstock throughout the production process and ensures a proper allocation to the finished goods.

Raw material and plastic producers like INEOS Styrolution and BASF can thus offer products with a better environmental profile but the same features as those manufactured from fossil feedstock. The allocation process via the mass balance approach as well as the products are certified by independent auditors. Read more about BASF’s biomass balance approach (basf.com).

“BMB feedstocks on one side and feedstocks based on chemically recycled plastic waste on the other side, both replacing fossil resources, are a very appealing way to contribute to an improved carbon footprint of subsequent products,” says Stefanie Kutscher, Head of Business Management Styrene at BASF’s Styrenics Business Europe. “Alternative raw materials already in the economic cycle enable us to produce with less virgin fossil raw materials. So, both mass balance approaches aim to achieve the same.”

About Orthex Group

Orthex (orthexgroup.com) is a leading Nordic houseware producer that strives to make consumers’ everyday lives easier with its products presented under the consumer brands SmartStore™ storage products, GastroMax™ kitchenware, and Orthex™ home- and plant-care categories. Orthex aims to be the industry forerunner in sustainability. Orthex’s net sales in 2021 was 88.7 million euros and operating profit was 9.3 million euros. The company has customers in more than 40 countries and local sales offices in Finland, Sweden, Norway, Denmark, Germany, France, and the United Kingdom. Orthex is listed on the Nasdaq Helsinki stock exchange.

ORTHEX Contacts:
Alexander Rosenlew, CEO, Orthex Corporation
P: +358 40 500-3826 - E: alexander.rosenlew[.]orthexgroup.com.

Hanna Kukkonen, CMO, Orthex Corporation
P: +358 40 053-8886 - E: hanna.kukkonen[.]orthexgroup.com.

About INEOS Styrolution

INEOS Styrolution (ineos-styrolution.com) is the leading global styrenics supplier, with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 90 years of experience, INEOS Styrolution helps its customers succeed by offering solutions designed to give them a competitive edge in their markets. At the same time, these innovative and sustainable best-in-class solutions help make the circular economy for styrenics a reality. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, packaging and toys/sports/leisure. In 2021, sales were at 6 billion euros. INEOS Styrolution employs approximately 3,600 people and operates 20 production sites in ten countries.

Visit us at K fair in Düsseldorf, October 19-26, 2022: hall 6 / booth 6D28.

INEOS STYROLUTION Contact: Dr. Ralf Leinemann, Global Manager PR & Marketing Communications
P: +49 69 509550-1366 - E: ralf.leinemann[.]ineos.com.

About BASF

At BASF (basf.com), we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6 billion in 2021.

BASF Media Contacts:
Dr. Sabine Philipp / Stefanie Mohmeyer - Head of Industrial Affairs & Public Relations Styrenics Europe
T: +49 621 60-43348 / +40 621 60 55226
E: sabine.philipp[.]basf.com / stefanie.mohmeyer[.]basf.com.

 
 
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Agency / Source: BASF

 
 

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Orthex Group Moves Toward More Sustainable Raw Materials in Cooperation with INEOS Styrolution and BASF

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Orthex SmartStore™ | BASF
Contact: Dr. Sabine Philipp - BASF.com 
+49 621 60 43348 sabine.philipp[.]basf.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

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