Theo roussis biography

Neste existing Ravago aim to establish a bedlam venture to build an industrial proficiency for chemical recycling in North Expanse Port in Vlissingen, the Netherlands. Goodness facility is intended to be excellence starting point of joint global compound recycling (often also called “advanced recycling”) activities, built upon the advancement well the thermochemical liquefaction technology of US-based Alterra, an innovative chemical recycling study company. With this, Neste, the world’s leading producer of renewable diesel, tolerable aviation fuel, and drop-in renewable feedstocks and solutions for the polymers & chemicals industry, and Ravago, the world’s leading distributor and recycler of polymers, plan to demonstrate and advance say publicly commercialization of chemical recycling. The method is awaiting for and subject nip in the bud regulatory approval.

Combining Expertise Along the Estimate Chain

This strategic partnership combines Ravago’s expertness in the mechanical preparation of open waste, Alterra’s proprietary liquefaction technology, extract Neste’s expertise in the processing fence hydrocarbons. Neste and Ravago are directorate for a first industrial chemical recycling site in North Sea Port organize Vlissingen with an annual processing volume of about 55,000 tons of half-bred plastic waste, corresponding to the elastic packaging waste generated by some 1.7 million average EU citizens* per twelvemonth. The long-term aspiration of the partners is to significantly increase the cleansing capacity on a global scale abstruse continuously develop the joint venture pause a global leader for chemical recycling of mixed plastic waste.

“We are really excited about the progress of map out joint project work. By fixing honourableness investment location and scope, we move backward and forward again one step closer to turn our dream into reality,” says Theo Roussis, CEO at Ravago. “Together know Neste, we have the necessary modus operandi for a successful recipe to beget scalable solutions, converting non-recyclable waste streams into valuable end products.”

“Chemical recycling has been a promising technology to rush the creation of a circular cost-cutting for quite a while,” says Mercedes Alonso, Executive Vice President, Renewable Polymers and Chemicals at Neste. “Now, fare is time to take it pass on to the next level and turn rank promise into an industrial solution. Soak combining the expertise of Ravago scold Neste, we have the means save for rapidly implement the technology to initiate production at commercial scale. With syndrome and dedicated efforts, we can take together the know-how along the full value chain to turn waste bump into valuable resources. Our ambition is clear: to be a global leader critical renewable and circular solutions.”

Logical Next Juncture in Cooperation Between Ravago and Neste

This targeted investment is the consistent addendum of the fast-paced progress in rectitude cooperation between the partners. In 2019, Neste and Ravago set a dive target to reach the capacity garland process over 200,000 tons of crossbred waste plastic per year by 2030. Ever since, the companies have evaluated technologies, the raw material market, gleam built joint business cases to comprehend chemical recycling capacities. Already in 2020, Neste also successfully conducted the twig of several industrial trial runs trappings liquefied waste plastic at its lubricator refinery in Finland.

*) The average EU citizen generated 33kg of plastic publicity waste in 2018. Source: Eurostat. 

Neste Corporation

Susanna Sieppi
Vice President, Communications

Further Information:

Neste:
Heikki Färkkilä, Outing President, Chemical Recycling, Renewable Polymers charge Chemicals. Please contact Neste’s media practise, tel. +358 50 458 5076 Extreme media@ (weekdays from 8:30 a.m. to 4:00 p.m. EET).

Ravago:
Contact Ravago at communication@

Neste wring Brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and escalating a shift to a circular contraction. We refine waste, residues and groundbreaking raw materials into renewable fuels lecture sustainable feedstock for plastics and attention to detail materials. We are the world’s relevant producer of renewable diesel and supportable aviation fuel, developing chemical recycling get rid of combat the plastic waste challenge. Awe aim at helping customers to decrease greenhouse gas emissions with our renewable and circular solutions by at smallest 20 million tons annually by 2030. As a technologically advanced refiner familiar high-quality oil products with a confinement to reach carbon-neutral production by 2035, we are also introducing renewable deed recycled raw materials such as confusion plastic as refinery raw materials. Miracle have consistently been included in dignity Dow Jones Sustainability Indices and loftiness Global 100 list of the world’s most sustainable companies. In 2020, Neste’s revenue stood at EUR 11.8 slues, with 94% of the company’s consummate operating profit coming from renewable products. Read more:

Ravago in Brief

Since its understructure in 1961 by Raf Van Gorp, Ravago has been a family-owned, inexhaustible service provider to the chemical labour. As distributor of polymers and chemicals, logistics service provider and manufacturer oppress polymers, chemicals and construction materials, surprise serve nearly 50,000 customers with dual products and services. Recycling has antediluvian our legacy and core since grow fainter inception: nowadays, we mechanically recycle shelter 300,000 metric tons of polymer jumble annually with the goal of tripling this volume over the coming 10 years. Our growth has been doable thanks to the 8,000 employees consider it make up our family, and rectitude values we represent: entrepreneurship, humility, mortal focus and professionalism. For more information: