Neste has purchased the European rights to Alterra Energy''s liquefaction technology, further solidifying the company''s efforts to advance chemical recycling. Alterra Energy is a US-based company that has developed a proprietary thermochemical solution for liquefaction of hard-to-recycle plastic.
Neste has now purchased the European rights to Alterra Energy''s proprietary thermochemical liquefaction technology, which the companies say offers a recycling solution for hard-to-recycle plastics.
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Alterra Energy has developed and commercialized the world''s first continuous chemical recycling technology that transforms landfill-bound plastic into petrochemical products that can be further refined into fuels, waxes and new plastic production. By globalizing our first-to-market thermochemical liquefaction process, Alterra creates economic
The ongoing joint technology development between Neste and Alterra Energy and the continued processing of mixed plastic feeds in the Akron facility have given Neste confidence that the Alterra Energy technology is
Join The Solution Be Part of Our Team. We have some of the brightest minds in engineering, operations, and strategy on our team. We are accelerating our partners'' sustainability capabilities using cutting edge technology that assists in achieving the global imperative of plastic reuse in order to clean the planet. That takes a multi-disciplinary team of innovators and thought
Photo: Alterra. Neste, the world''s leading provider of renewable diesel and sustainable aviation fuel and an expert in delivering drop-in renewable and circular chemical solutions, today announced that it has acquired a
News provided by. Alterra . Nov 04, 2024, 12:00 ET. AKRON, Ohio, Nov. 4, 2024 /PRNewswire/ — Alterra, Neste and Technip Energies have signed a collaboration agreement to advance the circularity of plastics by providing the industry a standardized technology solution for chemical recycling, also referred to as "advanced recycling". The
To date, Finland-based Neste has processed more than 6,000 tons of plastic-derived feeds, including ISCC Plus certified oil from Alterra''s industrial-scale site in Akron. Alterra and Neste began working together in chemical recycling in 2021, jointly improving aspects of Alterra''s technology and creating respective value chains.
Photo: Alterra. Neste, the world''s leading provider of renewable diesel and sustainable aviation fuel and an expert in delivering drop-in renewable and circular chemical solutions, today announced that it has acquired a minority stake in Alterra Energy, an innovative chemical recycling technology company.
CHARLOTTE, NC / ACCESSWIRE / October 28, 2021 / Abundia Global Impact Group (Abundia), a technology company focused on circular solutions and sustainability, today announced it has entered into a
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Technip Energies (PARIS:TE), Alterra and Neste have signed a collaboration agreement to advance the circularity of plastics by providing the industry a standardized technology solution for chemical recycling, also referred to as "advanced recycling". The partners aim to globally offer a standard modular solution, based on Alterra''s ized
At Alterra, we imagined an infinitely renewable plastics economy and created a plastic circularity process to make it happen. We engineered, designed, and built the world''s first truly continuous plastic circularity plant to solve plastic pollution. That''s how we do it in Akron, and now you can too — anywhere in the world.
Technip Energies (PARIS:TE), Alterra and Neste have signed a collaboration agreement to advance the circularity of plastics by providing the industry a standardized technology solution
As part of its environmental policy, ALTERRA is committed to: Control all its atmospheric emissions and liquid and solid residues in accordance with environmental legislation. Utilize energy resources, water, electricity and fuels in the most efficient manner possible in order to optimize their use and reduce to the minimum any wastage or
During the tour, Rep. Sykes met with Alterra''s leadership and workers to learn more about their efforts to turn Meet Jeremy, One of America''s Change Makers. by Ivy Decker | Feb 15, 2023 | News. Meet Jeremy: President, Alterra Jeremy became one of the first employees at Alterra so he could make a difference.
Alterra Energy, LLC, an innovative US-based chemical recycling technology company, Finland-headed oil refiner and renewable products major Neste Oyj, and the Netherlands-headed international engineering and technology company Technip Energies N.V., have signed a collaboration agreement to advance the circularity of plastics by providing the
The present collaboration follows logically from the earlier partnerships between the companies. Alterra and Neste started collaborating in chemical recycling in 2021, jointly improving aspects of Alterra''s technology and creating respective value chains. Alterra and Technip Energies started their collaboration in chemical recycling in 2022.
The ongoing joint technology development between Neste and Alterra Energy and the continued processing of mixed plastic feeds in the Akron facility have given Neste confidence that the Alterra Energy technology is among the winning solutions for the liquefaction of waste plastic material.
Akron, OH, October 22, 2024 /PRNewswire – Alterra, a leader in plastic circularity process technology, announced today the first closing of its latest equity investment round with funding from Infinity Recycling, LyondellBasell and
Alterra and Technip Energies started their collaboration in chemical recycling in 2022. The three companies now join efforts in a unique endeavor: Alterra and Neste will license the liquefaction technology and Technip Energies will design, engineer and deliver the standardized liquefaction plant solution to interested parties globally.
Neste has now purchased the European rights to Alterra Energy''s proprietary thermochemical liquefaction technology, which the companies say offers a recycling solution for hard-to-recycle plastics.
In Akron, Ohio, the company is already running an industrial-scale facility that transforms end-of-life plastics into an intermediate product, which can be further refined into raw material for new plastics and other petrochemical products. In 2020, Neste acquired a minority stake in Alterra Energy.
Alterra’s technology enables a broad range of plastic waste streams from diverse post-consumer sources to be liquefied into a material similar to crude oil. Such material can be flexibly processed and upgraded by companies like Neste into high-quality feedstock for polymers and chemicals production.
Alterra Energy licenses its thermochemical liquefaction technology to entities looking to recycle more challenging plastics or to develop more sustainable products. For more information: alterraenergy.com. Neste Corporation, Press Release, 4 January, 2021 at 3:00 p.m. (EET) Alterra’s industrial-scale waste plastics liquefaction unit in Akron, Ohio.
Alterra’s existing industrial-scale waste plastics liquefaction plant in Akron, Ohio produces commercial volumes that can already be refined and upgraded into high-quality feedstock for plastics and chemicals.
Neste: Please contact Neste’s media service, tel. +358 800 94025 / [email protected] (weekdays from 8.30 a.m. to 4.00 p.m. EET). Alterra Energy: Please contact Bob Zeitlinger at Makovsky, tel. +1 551 427 7298 / [email protected]. Neste in brief
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