Neste strengthens chemical recycling logistics infrastructure in Europe

Following successful industrial-scale processing runs, Neste is moving towards using larger quantities of liquefied waste plastic as a raw material at its Porvoo refinery in Finland and turning it into Neste RE™, a high-quality recycled drop-in feedstock for the production of new plastics and chemicals.

The aggregation tanks will be located in the Port of Rotterdam to optimise supply chains and streamline logistics. As Neste is securing liquefied waste plastic supply through various suppliers across Europe, this central and major logistics hub offers seamless connectivity to the continent's expansive infrastructure. The tank solution and surrounding infrastructure will ensure safe and reliable storage of liquefied waste plastic. The preparation and installation of the tanks have been meticulously planned demonstrating both companies' commitment to safety and excellence. The tanks are expected to be operational in the 2H25, matching the schedule for the ongoing construction of capacity upgrading facilities for liquefied waste plastic in Porvoo.

“The new aggregation tanks in Rotterdam enabling efficient logistics are crucial in optimising our supply chain and in reaching our ambitious goals of processing liquefied waste plastic. We are continuously expanding our network of suppliers for liquefied waste plastic and the new storage significantly enhances our offtake flexibility. This paves the way for a more sustainable and circular plastics economy and we are excited about the opportunities this collaboration brings,” said Andreas Teir, Head of Chemical Recycling at Neste.

“This new collaboration marks a significant advancement in our long-term commitment to sustainability and the energy transition. In the 2H25, we will begin stocking liquefied waste plastic, diversifying our product portfolio and reinforcing our leadership in the storage of more sustainable, low-carbon products. Building on our existing collaboration with Neste, this partnership supports our strategy to broaden our service offering and to support Neste in paving the way for a more sustainable and circular economy,” says Bruno Hayem, CEO of Tepsa.

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/04102024/neste-strengthens-chemical-recycling-logistics-infrastructure-in-europe/