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Green Chemistry

Neste builds position in plastics-to-oil

by Alex Scott
January 8, 2021 | A version of this story appeared in Volume 99, Issue 2

 

A photo of Alterra's chemical recycling facility.
Credit: Alterra
Alterra's facility in Akron, Ohio

The Finnish energy firm Neste has bought a minority stake in Alterra, an Ohio-based company with pyrolysis technology for converting waste plastic into an oil with properties similar to crude. Neste and Alterra will fine-tune the process and license it globally. Using its own process, Neste has fed its Finnish refinery with more than 500 metric tons of liquefied plastic waste.

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