Plastics & Elastomers
Industry News

Ravago to Acquire Equity Interest in Alterra Energy, an Advanced Recycling Company

Published on 2021-07-27. Edited By : SpecialChem

TAGS:  Sustainability and Bioplastics   

Recycling-logo-surrounded-by-plastic-bottles Ravago has announced the acquisition of an equity interest in Alterra Energy. Ravago and Alterra to vertically integrate to supply waste plastic, liquefaction technology and recycled polymer solutions globally.

Recycling has always been a large part of Ravago. The company has been committed to various aspects of sustainability since the company was founded in the 1960s.

Ravago to Supply Waste Plastic

Ravago will be a strategic partner in supplying pre-processed waste plastic to Alterra Energy’s Akron, Ohio facility - which currently has the capacity to liquefy up to 60 tons per day of waste plastic for use as a feedstock for the manufacturing of plastics and chemicals - as well as for future commercial installations.

Alterra and Ravago plan to combine forces to provide integrated recycling solutions that support the transition towards decarbonization, decreasing virgin fossil resource dependency and increasing circularity for its petrochemical and chemical partners.

Source: Ravago


Back to Top