As part of its ongoing commitment to sustainable development, INOVYN is pleased to announce it has been accepted by the Board of The Roundtable on Sustainable Biomaterials (RSB) as a full Member.
RSB Members are part of a worldwide movement of businesses, NGOs, academics, governments and UN organisations that demonstrate their commitment to best practice for sustainable biomaterial, biofuels and biomass production.
INOVYN’s appointment to full Member status follows the launch of BIOVYNTM, its world-first bio-sourced PVC range, which received full RSB product certification in October 2019. BIOVYNTM is acknowledged by RSB for its “excellent sustainability credentials” and as “a new product that is a true leader in the emerging circular bio-economy.”
The appointment also coincides with full Member status being awarded to INOVYN’s sister companies, INEOS Olefins & Polymers Europe and INEOS Styrolution.
Comments Filipe Constant, Business Director INOVYN: “This is an important next step for INOVYN and reaffirms our position as a leader in the development of a fully circular economy for PVC. As a Member of RSB we look forward to working alongside other thought leaders to develop innovative solutions that address society’s needs.”
Comments Rolf Hogan, Executive Director RSB: “I am really pleased to be able to welcome INOVYN, along with its sister companies INEOS Olefins & Polymers Europe and INEOS Styrolution, to the RSB family. These companies have shown remarkable commitment in joining industry leaders from multiple sectors and global NGOs to embed robust sustainability principles in the circular and bio-based economy.
“They have also been the first to achieve RSB certification in the chemicals and polymers sector and as RSB members will now support the ongoing development and promotion of RSB’s standards. We look forward to their insights and practical experience adding value to our whole community.”
Formed on 1 July 2015, INOVYN is a vinyls producer that ranks among the top three worldwide. With a turnover above €3.5 billion, INOVYN has more than 4,300 employees and manufacturing, sales and marketing operations in ten countries across Europe.
INOVYN’s portfolio consists of an extensive range of class-leading products arranged across Organic Chlorine Derivatives; Chlor Alkali; General Purpose Vinyls; Specialty Vinyls; Sulphur Chemicals; Salt; and Electrochemical and Vinyls Technologies. Annual production volumes are more than 40 million tonnes. www.inovyn.com
Earlier this year INOVYN launched BIOVYNTM, which is made using a renewable feedstock derived from the wood value chain. It delivers a greenhouse gas saving of over 90% compared to conventionally produced PVC as certified by The Roundtable on Sustainable Biomaterials (RSB).
The Roundtable on Sustainable Biomaterials (RSB) is the world’s most trusted, valued and peer-reviewed standard for the sustainable bio-based and circular economy. It is one of the European Commission’s approved voluntary schemes used to show compliance with the EU Renewable Energy Directive’s sustainability criteria. RSB’s is the first standard to develop a credible approach for the use of production waste and residues - including from non-biogenic sources - for fuels and products. The RSB Standard has been developed and approved by its many stakeholders, including social and environmental NGOs, UN agencies, academia and industry, ensuring it is a uniquely practical and credible approach for building a sustainable economy. www.rsb.org