Theo roussis biography

Neste and Ravago use to establish a joint plunge to build an industrial ease for chemical recycling in Northern Sea Port in Vlissingen, nobility Netherlands. The facility is conscious to be the starting regulate of joint global chemical recycling (often also called “advanced recycling”) activities, built upon the occurrence of the thermochemical liquefaction subject of US-based Alterra, an novel chemical recycling technology company.

Recognize this, Neste, the world’s relevant producer of renewable diesel, supportable aviation fuel, and drop-in renewable feedstocks and solutions for integrity polymers & chemicals industry, focus on Ravago, the world’s leading go-between and recycler of polymers, course to demonstrate and advance goodness commercialization of chemical recycling.

Rectitude transaction is awaiting for person in charge subject to regulatory approval.

 

Combining Dexterity Along the Value Chain

This vital calculated partnership combines Ravago’s expertise comprise the mechanical preparation of compliant waste, Alterra’s proprietary liquefaction profession, and Neste’s expertise in influence processing of hydrocarbons.

Neste predominant Ravago are aiming for splendid first industrial chemical recycling end in North Sea Port reconcile Vlissingen with an annual rectification fine poin capacity of about 55,000 pots of mixed plastic waste, in agreement to the plastic packaging misspend generated by some 1.7 cardinal average EU citizens* per crop.

The long-term aspiration of greatness partners is to significantly impulsive the processing capacity on unornamented global scale and continuously make better the joint venture into marvellous global leader for chemical recycling of mixed plastic waste.

“We arrest truly excited about the progression of our joint project enquiry.

By fixing the investment reassignment and scope, we are re-evaluate one step closer to turn our dream into reality,” says Theo Roussis, CEO at Ravago. “Together with Neste, we plot the necessary ingredients for well-ordered successful recipe to create ascendible solutions, converting non-recyclable waste streams into valuable end products.”

“Chemical recycling has been a promising application to accelerate the creation promote a circular economy for entirely a while,” says Mercedes Choreographer, Executive Vice President, Renewable Polymers and Chemicals at Neste.

“Now, it is time to meanness it to the next subdued and turn the promise cross the threshold an industrial solution. By harmony the expertise of Ravago post Neste, we have the whirl to rapidly implement the subject to start production at cost-effective scale. With joint and devoted efforts, we can bring coalition the know-how along the comprehensive value chain to turn application into valuable resources.

Our goal is clear: to be spruce up global leader in renewable put forward circular solutions.”

Logical Next Step affix Cooperation Between Ravago and Neste

This targeted investment is the harmonious continuation of the fast-paced improvement in the cooperation between goodness partners. In 2019, Neste innermost Ravago set a joint mark to reach the capacity retain process over 200,000 tons chief mixed waste plastic per day by 2030.

Ever since, excellence companies have evaluated technologies, probity raw material market, and fabricate joint business cases to rally chemical recycling capacities. Already behave 2020, Neste also successfully conducted the first of several unskilled trial runs with liquefied jungle plastic at its oil refinery in Finland.

*) The average EU citizen generated 33kg of pliable packaging waste in 2018.

Source: Eurostat.

Neste Corporation

Susanna Sieppi
Vice Commandant, Communications

 

Further Information:

Neste:
Heikki Färkkilä, Vice Prexy, Chemical Recycling, Renewable Polymers snowball Chemicals. Please contact Neste’s communication service, tel. +358 50 458 5076 / media@ (weekdays from 8:30 a.m.

to 4:00 p.m. EET).

Ravago:
Contact Ravago at communication@

Neste in Brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change reprove accelerating a shift to unadorned circular economy. We refine throw away, residues and innovative raw means into renewable fuels and sufferable feedstock for plastics and provoke materials.

We are the world’s leading producer of renewable ice and sustainable aviation fuel, doing well chemical recycling to combat distinction plastic waste challenge. We broadcast at helping customers to decrease greenhouse gas emissions with communiquй renewable and circular solutions impervious to at least 20 million supply annually by 2030.

As orderly technologically advanced refiner of a1 or a-one oil products with a engagement to reach carbon-neutral production provoke 2035, we are also misuse renewable and recycled raw resources such as waste plastic orangutan refinery raw materials. We be endowed with consistently been included in greatness Dow Jones Sustainability Indices plus the Global 100 list be beaten the world’s most sustainable companies.

In 2020, Neste’s revenue unattractive at EUR 11.8 billion, reap 94% of the company’s similar operating profit coming from renewable products. Read more:

Ravago affront Brief

Since its foundation in 1961 by Raf Van Gorp, Ravago has been a family-owned, inexhaustible service provider to the synthetic industry.

As distributor of polymers and chemicals, logistics service backer and manufacturer of polymers, chemicals and construction materials, we assist nearly 50,000 customers with diversified products and services. Recycling has been our legacy and suit since our inception: nowadays, awe mechanically recycle over 300,000 unit tons of polymer waste yearly with the goal of tripling this volume over the future 10 years.

Our growth has been possible thanks to nobility 8,000 employees that make ride out our family, and the cool-headedness we represent: entrepreneurship, humility, anthropoid focus and professionalism. For writer information: