Sector News

Neste and Technip join forces for ‘copy and paste’ liquefaction for plastics recycling

November 24, 2024
Energy & Chemical Value Chain

In a bid to reduce the upfront costs for the chemical recycling of plastics, Neste, Alterra and Technip have formed a partnership to sell standardised modular process plants.

The plants will be centred around a thermochemical liquefaction process developed by Alterra that turns hard-to-recycle plastics into pyrolysis oil. These include polyethylene and polystyrene. The resulting oil can then be processed to produce fresh plastic in an effort to close the loop on plastic waste.

In 2020, Alterra commissioned a 60 t/d plastic recycling plant in Ohio, US, to demonstrate its continuous process. Neste began working with the company in 2021 to help improve the technology. Under a new partnership announced this month, Alterra and Neste will license the technology and Technip Energies will design, engineer, and deliver the standardised liquefaction plants to customers. They say this will lower pre-investment costs for customers and accelerate the implementation of their projects.

Frederic Schmuck, CEO of Alterra Energy, said: “We are reducing the hurdles for companies interested in investing in liquefaction. We are ultimately enabling a copy-paste solution for liquefaction plants, allowing for a fast scaleup of economically viable recycling capacities globally.”

Bhaskar Patel, senior vice-president of sustainable fuels, chemicals, and circularity at Technip Energies, expects the standard modular offering will help industry scale out the technology, allowing for faster deployment of chemical recycling capacity.

by Adam Duckett

Source: thechemicalengineer.com

comments closed

Related News

December 14, 2024

Evonik Announces Restructuring, Leadership Shift

Energy & Chemical Value Chain

Evonik is implementing a new segment structure and adopting a significantly leaner management model. The company’s business lines, previously grouped into four divisions, will now be led directly by members of the Executive Board.

December 14, 2024

Kemira’s new organization is ready to start in January 2025

Energy & Chemical Value Chain

In August 2024 Kemira announced changes to its operating model and leadership team to better meet its profitable growth ambitions. The design phase of the new operating model and organizational structure started in August and is now completed. The number of Kemira employees will remain approximately the same even if many roles and responsibilities will change.

December 14, 2024

Celanese names new CEO

Energy & Chemical Value Chain

Celanese Corporation, a global chemical and specialty materials company, announced that Scott Richardson, currently Celanese’s Chief Operating Officer, has been appointed Chief Executive Officer and will join the Company’s Board of Directors, effective January 1, 2025.

How can we help you?

We're easy to reach