Partnership to monitor sustainable raw material use
AkzoNobel and Solvay have joined forces with Ernst & Young to develop a monitoring system that tracks and quantifies the use of renewable raw materials in paints, coatings and other applications.
The partnership builds on last year’s agreement between AkzoNobel and Solvay, whereby the company progressively increases the use of Solvay’s bio-based epichlorohydrin, or Epicerol, in its coatings products.
Rather than buying Epicerol directly from Solvay, AkzoNobel obtains epoxy resins from a number of intermediate producers. The company then uses these epoxy resins as ingredients in various coatings.
Under this new agreement, Solvay, AkzoNobel and Ernst & Young will develop a “chain of custody methodology” to ensure that even in situations where no physical segregation of petro and bio-based materials is practiced, volumes may still be assigned and reported.
“This is a vital next step to measure and share with partners our progress in using Solvay’s bio-based epichlorohydrin,” explained Peter Nieuwenhuizen, AkzoNobel’s director of innovation and partnerships.