28 Jun 2022 --- Neste has bought the European rights for Alterra Energy’s liquefaction technology, strengthening its chemical recycling capabilities. Alterra is a US-based company that has developed a thermochemical solution for liquefying difficult-to-recycle plastics. “Alterra Energy’s liquefaction technology and the proprietary pretreatment and upgrading technologies that Neste is developing internally help bridge the quality gap and form a robust end-to-end chemical recycling solution that can divert plastic waste from incineration and landfill and transform it into drop-in petrochemical feeds that can replace virgin fossil resources in the manufacturing of polymers and chemicals,” a Neste spokesperson tells PackagingInsights.“Acquiring the rights to Alterra Energy’s technology in Europe allows us to offer our partners a complete solution,” adds Heikki Färkkilä, vice president Chemical Recycling at Neste Renewable Polymers & Chemicals.
