Neste invests in Alterra Energy to scale chemical recycling of plastic waste

The collaboration between the companies will include joint technology development and global technology licensing, enabling the partners to collaborate in commercializing Alterra’s proprietary thermochemical liquefaction technology in Europe. Quote: The collaboration between the companies will include joint technology development and global technology licensing, enabling the partners to collaborate in commercializing Alterra’s proprietary thermochemical liquefaction technology in Europe. The companies are working together towards a global rollout of Alterra’s liquefaction technology with a strong initial focus on Europe. Quote: The companies are working together towards a global rollout of Alterra’s liquefaction technology with a strong initial focus on Europe, a leading market in the global transition towards making plastics value chains fully circular. Alterra’s target of commencing the construction of a state-of-the-art liquefaction site in Europe during 2021. Quote: The collaboration of the companies supports Alterra’s target of commencing the construction of a state-of-the-art liquefaction site in Europe during 2021. Neste aims to process more than one million tons of plastic waste from 2030 onwards. Quote: This partnership also supports Neste’s aim of building new business growth based on chemical recycling, while marking another significant step towards our target of processing more than one million tons of plastic waste from 2030 onwards