Neste doubled the amount of waste plastic processed during 2023
Published by Poppy Clements,
Editorial Assistant
Hydrocarbon Engineering,
The processing runs in the 2H23 doubled the total amount of liquefied waste plastic processed by Neste to more than 6000 t. For the first time, the largest run in 2023 exceeded 2000 t of liquefied waste plastic. The output of the runs is high-quality, ISCC PLUS certified material for new plastics.
“There is an urgent need to develop solutions to curb climate emissions, while simultaneously tackling the global plastic waste challenge,” said Heikki Färkkilä, Vice President Chemical Recycling at Neste. “We are processing increasing volumes of waste plastic, which is testament to our commitment to scale up chemical recycling. At the same time, these volumes also demonstrate the commitment of our partners, suppliers and the industry as a whole: We are confident we will see chemical recycling become a commercial-scale contributor to the circularity of plastics in the upcoming years.”
The current runs utilise Neste’s existing refinery equipment and pave the way for reaching capability to start continuous commercial processing. A new facility is currently being constructed at Neste’s Porvoo refinery to enable the upgrading of 150 000 t of liquefied waste plastic each year. This first phase of Neste’s EU Innovation Fund backed PULSE project, which sees Neste investing €111 million, is expected to be finalised in 1H25. In total, PULSE is aiming for a processing capacity of 400 000 tpy of liquefied waste plastic.
Neste is securing liquefied waste plastic supply through various suppliers. Besides contributing to the overall development of chemical recycling, processing liquefied waste plastic is helping Neste take steps towards developing its Porvoo refinery into a renewable and circular solutions site.
Read the article online at: https://www.hydrocarbonengineering.com/the-environment/28122023/neste-doubled-the-amount-of-waste-plastic-processed-during-2023/
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