In Austria, OMV and Synthos have announced a Memorandum of Understanding for the supply of sustainable raw materials for the production of high-performance tires.
Under the MoU, OMV and Synthos commit to a long-term partnership on sustainable butadiene until 2030.
The initial phase will involve utilizing palm fatty acid distillate and used cooking oil as raw materials for the production of sustainable butadiene. This sustainable butadiene will be produced at the steam cracker in the Burghausen refinery in Germany, which achieved full ISCC PLUS certification in March 2022. ISCC PLUS, a global standard for recycled and bio-based materials, enables traceability along the supply chain by verifying that companies adhere to specific environmental and social standards.
Synthos plans to use the butadiene to produce Solution Styrene-Butadiene Rubber, a key component in high-performance tire tread compounds. This specific rubber enhances energy efficiency and reduces environmental impact through low rolling resistance, aligning with the broader goals of sustainable transportation.
Tags: Austria, OMV, Synthos
Category: Chemicals & Materials