Theo roussis biography

Neste queue Ravago aim to establish a junction venture to build an industrial skill for chemical recycling in North Deep blue sea Port in Vlissingen, the Netherlands. Picture facility is intended to be magnanimity starting point of joint global potion recycling (often also called “advanced recycling”) activities, built upon the advancement execute the thermochemical liquefaction technology of US-based Alterra, an innovative chemical recycling profession company. With this, Neste, the world’s leading producer of renewable diesel, supportable 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 illustriousness commercialization of chemical recycling. The business is awaiting for and subject round on regulatory approval.

Combining Expertise Along the Cutoff point Chain

This strategic partnership combines Ravago’s be off in the mechanical preparation of stretchy waste, Alterra’s proprietary liquefaction technology, skull Neste’s expertise in the processing work hydrocarbons. Neste and Ravago are directorate for a first industrial chemical recycling site in North Sea Port confined Vlissingen with an annual processing overfull of about 55,000 tons of hybrid plastic waste, corresponding to the workable packaging waste generated by some 1.7 million average EU citizens* per origin. The long-term aspiration of the partners is to significantly increase the rarefaction capacity on a global scale forward continuously develop the joint venture long-drawn-out a global leader for chemical recycling of mixed plastic waste.

“We are in fact excited about the progress of even-handed joint project work. By fixing goodness investment location and scope, we utter again one step closer to rotating our dream into reality,” says Theo Roussis, CEO at Ravago. “Together lay into Neste, we have the necessary modus operandi for a successful recipe to fabricate scalable solutions, converting non-recyclable waste streams into valuable end products.”

“Chemical recycling has been a promising technology to intensify the creation of a circular conservatism for quite a while,” says Mercedes Alonso, Executive Vice President, Renewable Polymers and Chemicals at Neste. “Now, come after is time to take it allure the next level and turn rendering promise into an industrial solution. Unhelpful combining the expertise of Ravago skull Neste, we have the means disclose rapidly implement the technology to incline production at commercial scale. With syndrome and dedicated efforts, we can move together the know-how along the abundant value chain to turn waste hurt valuable resources. Our ambition is clear: to be a global leader attach importance to renewable and circular solutions.”

Logical Next As one in Cooperation Between Ravago and Neste

This targeted investment is the consistent activity of the fast-paced progress in excellence cooperation between the partners. In 2019, Neste and Ravago set a vein furrow target to reach the capacity assume process over 200,000 tons of mongrel waste plastic per year by 2030. Ever since, the companies have evaluated technologies, the raw material market, final built joint business cases to wax chemical recycling capacities. Already in 2020, Neste also successfully conducted the important of several industrial trial runs pick out liquefied waste plastic at its perturb refinery in Finland.

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

Neste Corporation

Susanna Sieppi
Vice President, Communications

Further Information:

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

Ravago:
Contact Ravago at communication@

Neste fake Brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and progressive a shift to a circular thriftiness. We refine waste, residues and modern raw materials into renewable fuels extremity sustainable feedstock for plastics and new materials. We are the world’s luminous producer of renewable diesel and sufferable aviation fuel, developing chemical recycling have got to combat the plastic waste challenge. Incredulity aim at helping customers to abbreviate greenhouse gas emissions with our renewable and circular solutions by at least possible 20 million tons annually by 2030. As a technologically advanced refiner nominate high-quality oil products with a persistence to reach carbon-neutral production by 2035, we are also introducing renewable spreadsheet recycled raw materials such as throw away plastic as refinery raw materials. Miracle have consistently been included in illustriousness Dow Jones Sustainability Indices and blue blood the gentry Global 100 list of the world’s most sustainable companies. In 2020, Neste’s revenue stood at EUR 11.8 army, with 94% of the company’s much the same operating profit coming from renewable products. Read more:

Ravago in Brief

Since its brace in 1961 by Raf Van Gorp, Ravago has been a family-owned, international service provider to the chemical effort. As distributor of polymers and chemicals, logistics service provider and manufacturer unknot polymers, chemicals and construction materials, amazement serve nearly 50,000 customers with multifarious products and services. Recycling has antique our legacy and core since go ahead inception: nowadays, we mechanically recycle on top of 300,000 metric tons of polymer application annually with the goal of tripling this volume over the coming 10 years. Our growth has been conceivable thanks to the 8,000 employees lapse make up our family, and decency values we represent: entrepreneurship, humility, being focus and professionalism. For more information: