Neste announces world’s first supply chain established for more sustainable polyester fiber based on CO2-derived material 

In Finland, Neste stated that a consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fiber.

Instead of fossil materials, renewable and bio-based materials as well as carbon capture and utilization (CCU*) will be used in the manufacturing of polyester fibers for The North Face brand in Japan, Neste said.

 The consortium parties are Goldwin, in the role of project owner, Mitsubishi Corporation, Chiyoda Corporation, SK geo centric, Indorama Ventures, India Glycols and Neste. 

Neste will provide renewable Neste RE as one of the required ingredients for polyester production. The polyester fiber produced in the project is planned to be used by Goldwin for a part of The North Face products, including sports uniforms, in July 2024. After that, the launch of further Goldwin products and brands will be considered. 

Neste also noted that the seven companies apply a mass balancing approach to ensure credible traceability of material streams throughout the supply chain.

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