Technip Energies & Alterra Energy to Jointly Develop Sustainable Plastics Projects

Source: www.gulfoilandgas.com 4/14/2022, Location: Europe

Combination of advanced recycling and purification technologies enable more efficient processing and reuse of hard-to-recycle plastic.

Technip Energies and Alterra Energy (“Alterra”) announced they have signed a global joint development and collaboration agreement to integrate Alterra’s commercially available liquefaction process technology with Technip Energies’ pyrolysis oil purification technology to maximize adoption of recycled feedstock and improve circular economy solutions for the global petrochemical industry.

Alterra provides an innovative, patented, thermochemical liquefaction, converting hard-to-recycle plastic into pyrolysis based oil (“PyOil”).

Technip Energies brings extensive knowledge of ethylene furnace and steam cracker design, preparation and purification of heavy feedstocks for refining and petrochemical facilities, all of which is combined in their Pure.rOil ™ purification technology ensuring safe, reliable and an optimized integration with individual crackers.

The combination of both companies’ solutions ensures Alterra’s recycled PyOil is drop-in ready feedstock to further accelerate the replacement of hydrocarbon-based oil with recycled feedstock in the production of new plastic-based materials.

Bhaskar Patel, SVP Sustainable Fuels, Chemicals and Circularity at Technip Energies said: “Technip Energies’ Pure.rOil ™, combined with Alterra’s experience and innovative advanced recycling solution, is helping create new pathways toward solving the plastic waste problem. This partnership with Alterra further strengthens our growing presence in the field of plastics recycling and circularity. ”

Frederic Schmuck, CEO of Alterra Energy, stated “Our partnership with Technip Energies allows us to offer a more holistic value proposition to our customers by ensuring that our recycled product can be utilized as a direct feed in the majority of existing chemical and petrochemical assets for the production of new plastics, thus closing the plastic recycling loop. To meet the growing demand for recycled content, Alterra will continue to forge partnerships and collaborations with innovative companies like Technip Energies to create a recycling ecosystem that’s as efficient and effective as possible.”


United States >>  6/24/2022 - Neste has purchased the European rights to Alterra Energy’s liquefaction technology, further solidifying the company’s efforts to advance chemical rec...
Norway >>  6/22/2022 - The major electrical, automation, and safety systems for Norway's Northern Lights project will be provided by ABB under a contract with engineering, p...

Sweden >>  6/22/2022 - A deal has been reached to strengthen the partnership between Toshiba and Echandia, a top provider of energy solutions for maritime electrification. T...
United Kingdom >>  6/22/2022 - OceanTools, global supplier of underwater technology, launch the new C7 colour camera adding to their extensive industry leading range of high specifi...

United States >>  6/22/2022 - With its ReLine Expandable Technology, global well integrity and production optimization expert Coretrax has finished a world-record-breaking project ...
Norway >>  6/16/2022 - DNV has issued the latest edition of its standard - Composite components in critical applications, DNV-ST-C501. The main objective of this standard is...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.