Neste has extensive experience of handling low-quality waste and residue raw materials, such as renewable waste and residue oils and fats, and processing them into high-quality products. Neste is committed to developing scalable solutions to accelerate plastics recycling with several partners and aims to introduce liquefied plastic waste as a refinery raw material to replace fossil oil use in the production of feedstock for new plastics. Its collaboration with Recycling Technologies enables Neste to accelerate the development of one of the very promising chemical recycling technologies.
“We are excited to have Unilever join the project that builds upon Neste’s ongoing collaboration with Recycling Technologies. UKRI funding for this ground-breaking joint project helps speed up the development of chemical recycling. It enables us project partners to generate new data on how design for recycling could best be geared towards increasing recycling rates of those types of packaging waste that to this day have not been recyclable. Collaborative efforts like this one across the plastics value chain are key to accelerating the transition to a circular plastics economy,” says Mercedes Alonso, Executive Vice President, Renewable Polymers and Chemicals from Neste.
“We are delighted to have been awarded this grant from UKRI to move the UK to the forefront of the next generation of plastic recycling systems. Our collaboration with Neste will allow us to refine and improve our technology to produce valuable feedstock from waste plastic that can be incorporated into the petrochemicals industry supply chain to increase the content of recycled plastic in new plastic production. Our work with Unilever will identify hard to recycle plastics from current mechanical recyclers and how to evolve their design construction to improve their recyclability, ensuring compatibility with Recycling Technologies’ chemical recycling process, for incorporation into new packaging,” Adrian Griffiths, Founder and Chief Executive of Recycling Technologies said.
“We’re really pleased to be part of this collaboration with Recycling Technologies and Neste, developing a solution for plastic which is currently difficult to recycle, including plastic films and flexible packaging. As part of this collaboration, we’ve committed to looking at the design of our products for greater recyclability, as well as the possibility to use the recycled material back in our product packaging, which would create the end market and value for the materials. Unilever is committed to halving the amount of virgin plastic we use in our packaging by 2025, including increasing our use of recycled plastic. Collaboration between partners and industry experts is so important, as together we can develop solutions with innovations that are effective and scalable,” Sebastian Munden, Executive Vice President, Unilever UK & Ireland said.