German China India

Chemical Recycling

Neste, Ravago to Process 200,000 Tonnes of Plastic Waste Annually

| Editor: Ahlam Rais

Neste has set a target to process annually more than one million tonnes of plastic waste from 2030 onwards.
Gallery: 1 image
Neste has set a target to process annually more than one million tonnes of plastic waste from 2030 onwards. (Source: Neste)

Neste has collaborated with Ravago in order to develop chemical recycling of plastic waste on an industrial scale. With this move, the companies aim to accelerate circularity of materials and improve resource-efficiency in the petrochemical industry.

Finland – Neste and Ravago, the world’s leading distributor and recycler of polymers, are joining forces to develop chemical recycling of plastic waste with the aim to reach significant industrial scale. Neste and Ravago have set a joint target to reach an annual capacity to process over 200,000 tonnes of waste plastic.

Through collaborating in chemical recycling, Neste and Ravago wish to accelerate circularity of materials and improve resource-efficiency in the petrochemical industry. The two companies also want to provide more sustainable alternatives to primary fossil feedstock. Chemical recycling of plastic waste will enable the petrochemical industry to meet its recycling targets and develop a more sustainable, climate-friendlier offering.

“Ravago’s geographical reach and expertise in plastics recycling together with Neste’s track record in upgrading challenging refinery feedstock provide an excellent foundation for demonstrating and scaling up chemical recycling with speed. Collaboration also brings Neste closer to having the necessary partnerships and infrastructure to meet our Plastics Pledge target. Our aim is to process annually more than one million tonnes of plastic waste from 2030 onwards. With this, we could contribute to increasing the annual recycling rate of post-consumer plastic waste by 25 to 30 % from the current level in Europe,” says Mercedes Alonso, Executive Vice President, Renewable Polymers and Chemicals at Neste.

Specialist Book „Heat Transfer Technique“The comprehensive standard work „Heat Transfer Technique“ offers not only a detailed and well-founded presentation of the basics of heat transfer technique, but also shows the latest state of the art and the latest regulations in the use of organic fluids. Thematically, the book is rounded off with an overview of property data of organic heat transfer fluids as well as many use cases from practical experience.

“At Ravago, we carry the waste issue at heart. Our company has been mechanically recycling polymers for nearly 60 years, however chemical recycling should be part of a sustainable solution that our society requires today to address the growing need for valourising consumer waste. We are proud and energised to establish this partnership with Neste, who is the leading company in the field of renewables, as it provides a solid foundation to enable the different nascent technologies to mature and the broader industry to take off. We want to give a definitive answer to plastic waste issue,” says Theo Roussis, CEO of Ravago.

Chemical recycling will enable the companies to upgrade even coloured and mixed plastic packaging waste into high-quality raw material for the production of new plastics, chemicals and fuels. Unlike mechanically recycled plastics, chemical recycling enables waste plastic to be used as raw material even in the most sensitive applications, such as in primary food packaging as well as pharmaceutical and healthcare applications.

Comments are being loaded ....

Leave a comment

The comment is checked by an editor and will be released soon.

  1. Avatar
    Avatar
    Edited by at
    Edited by at
    1. Avatar
      Avatar
      Edited by at
      Edited by at

Comments are being loaded ....

Report comment

Kommentar Freigeben

Der untenstehende Text wird an den Kommentator gesendet, falls dieser eine Email-hinterlegt hat.

Freigabe entfernen

Der untenstehende Text wird an den Kommentator gesendet, falls dieser eine Email-hinterlegt hat.

copyright

This article is protected by copyright. You want to use it for your own purpose? Contact us via: support.vogel.de/ (ID: 46228266 / Business & Economics)