International. A new online tool that can track the use of bio-based raw materials in products has been launched as a pilot project by AkzoNobel partners Advanced Biochemical (Thailand) (ABT) and EY.
They say it will be the first tool that has ever used electronic certification to track bio-based content along the value chain.
Many chemicals can be made either from fossil feedstocks or from biofuel-based feedstocks such as vegetable oils or sugars, but it is difficult to verify how much of each has been used.
The new tool aims to solve this problem by verifying exactly how much of a product is made from bio-based raw materials. This will make it easier for producers and consumers to choose more sustainable products and move towards a more circular economy.
"Chemicals are the building blocks of essential products in our daily lives," explained Peter Nieuwenhuizen, Global Head of RD&I specialty Chemicals at AkzoNobel. "However, despite the growing focus on sustainability, we still can't easily track bio-based raw materials. This innovative approach will allow us to move forward with our goal of making the chemical industry more sustainable."
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