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Viridis Chemical's Ethyl Acetate Wins Best Product at Platts Global Energy Awards

Published on 2023-12-19. Edited By : SpecialChem

TAGS:  Sustainability / Natural Solutions    

Viridis Chemical's Ethyl Acetate Platts Global Energy AwardsViridis Chemical, a manufacturer of renewable, biobased, low-carbon chemicals, announced that its commercial-scale ethyl acetate has been named a winner at the 25th Annual Platts Global Energy Awards in the Sustainable Chemicals Best Product category.

S&P Global Commodity Insights, the leading global independent provider of data, insights, analysis and benchmark prices for the commodities, energy, and energy transition markets, honored industry excellence in 21 performance categories and winners from nearly a dozen countries at the Platts Global Energy Awards gala.

Delivering 40–80% Lower Carbon Footprint ETAC


The Awards program, now in its 25th year and often described as the “Oscars of the energy industry,” recognizes corporate and individual innovation, leadership, and performance in the energy and petrochemicals sectors, and bestowed honors on companies from Belgium, Germany, India, Singapore, Thailand, UK, Ukraine, United Arab Emirates, and US.

We are honored to be named a winner of the esteemed Platts Global Energy Award,” said Carl V Rush, Jr., CEO and co-founder of Viridis Chemical. “It is exciting to see the chemical industry’s stewardship, advances, and focus on circular economy, climate protection, carbon mitigation and management, and environmental protection. With our proprietary catalytic process, Viridis is delivering high-quality, industrial-scale ETAC to many industries and pushing boundaries with a 40–80% lower carbon footprint than the next best fossil fuel-based manufacturing technology.”

Since its launch in February 2021, Viridis Chemical has gone from a start-up chemical company to a world-class manufacturer of renewable, 100% biobased, low-carbon ethyl acetate with growing sales throughout North America and Europe.

Saugata Saha, President of S&P Global Commodity Insights, said “At this celebratory quarter-of-a-century milestone for the Platts Global Energy Awards, we are particularly honored by the continued recognition of the program at the energy industry’s longstanding premier awards event and welcome the opportunity to congratulate not only the finalists and winners of 2023, but those across the history of the event. Each has contributed not only to a better energy future, but in recent years, has demonstrated an enhanced commitment to greater community service, energy security, and a more sustainable energy transition.”

Also Received ISCC PLUS Earlier this Year


An independent panel of judges chose the winners of the 2023 Platts Global Energy Awards from finalists selected from nominations that represented 33 different countries.

Viridis Chemical’s 100% biobased ETAC is marketed worldwide by HELM AG, one of the world’s largest chemical distribution companies. This partnership with HELM AG gives Viridis access to an international sales force, introducing the Viridis story of high-quality, low-carbon, sustainability ethyl acetate to customers and prospects across the globe in various industries, including paints and coatings, adhesives, packaging, personal care, food and beverage, and pharmaceuticals.

We are delighted to see our long-term partner Viridis recognized with this prestigious award. Our customers have been providing positive feedback on the quality of Viridis Chemical’s ethyl acetate product and the reliability of our service to markets. With the severely reduced carbon footprint, we are excited to continue to help customers deliver a game-changing impact in their markets,” said Björn Steckel, President of Chemicals Americas of HELM.

Viridis Chemical’s ethyl acetate is a United States Department of Agriculture (USDA)-certified, biobased product meeting all requirements under the USDA BioPreferred® Program. Traditionally, ethyl acetate has been manufactured from fossil fuel-based resources.

Earlier this year, Viridis received International Sustainability & Carbon Certification PLUS (ISCC PLUS) for its manufacturing facility in Columbus, Nebraska. Products certified to the ISCC PLUS standard assure companies, brand owners, and consumers that high sustainability requirements have been met. Additionally, in June 2023, Viridis received the Independent Commodity Intelligence Services (ICIS) 2023 Product Innovation Award in the Small and Medium-sized Business category.

Source: Viridis Chemical
 

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