After over a year of technical evaluation, Technip Energies and Alterra Energy have now entered into a global joint development and collaboration agreement to integrate Technip Energies’ pyrolysis oil purification technology with Alterra’s commercially available liquefaction process technology.
By integrating both their proprietary processes, the two companies aim to accelerate the adoption of recycled feedstock, thus improving circular economy solutions for the global petrochemical industry. The combination of advanced recycling and purification technologies will enable more efficient processing and reuse of hard-to-recycle plastic.
Ohio-based Alterra provides an innovative, patented, thermochemical liquefaction technology, converting hard-to-recycle plastic into a pyrolysis based oil called PyOil and diverting tonnes of plastic from landfills.
France-headquartered Technip Energies has extensive knowledge of ethylene furnace and steam cracker design, preparation and purification of heavy feedstocks for refining and petrochemical facilities, on the basis of which the company has developed its Pure.rOil purification technology, which enables the safe, reliable and optimised integration with individual crackers.
Combining the two technologies yields a drop-in ready PyOil feedstock derived from recycled waste plastics, helping to create, as Bhaskar Patel, SVP Sustainable Fuels, Chemicals and Circularity at Technip Energies said ‘new pathways toward solving the plastic waste problem’.
“Our partnership with Technip Energies allows us to offer a more holistic value proposition to our customers by ensuring that our recycled product can be utilised as a direct feed in the majority of existing chemical and petrochemical assets for the production of new plastics, thus closing the plastic recycling loop,” said Frederic Schmuck, CEO of Alterra Energy. “To meet the growing demand for recycled content, Alterra will continue to forge partnerships and collaborations with innovative companies like Technip Energies to create a recycling ecosystem that’s as efficient and effective as possible.”