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Neste to invest €111M in liquefied waste plastic upgrading unit at Porvoo refinery

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Neste has made the final investment decision to commence construction of upgrading facilities for liquefied plastic waste at its Porvoo refinery in Finland. With the investment of €111 million, Neste will build the capacity to upgrade 150,000 tons of liquefied waste plastic per year.

Waste 195
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Amazon invests in electrofuels company Infinium

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The funding round was led by AP Ventures, a leader in venture capital related to the hydrogen economy. Infinium Electrofuels have the potential to help investor Amazon and other companies to decarbonize their operations and meet their net-zero carbon goals. —Robert Schuetzle, CEO of Infinium.

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Sumitomo Rubber and Sumitomo Electric to join Sumitomo Riko, LanzaTech project

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In November 2022, LanzaTech and Sumitomo Riko Company entered into a joint-development agreement to reuse rubber, resin and urethane waste for the production of a key chemical intermediate, isoprene. Earlier post.) Sumitomo Rubber along with Sumitomo Electric will be taking part in this joint development.

Waste 370
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LanzaTech and Tadweer to explore collaboration on large-scale conversion of municipal solid waste to alternative fuels

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The carbon found in municipal solid waste, which is piling up in landfills or being incinerated globally, can play a critical role in eliminating the virgin fossil resources used to make fuels and chemicals. It is a testament to the UAE’s leadership and strong sustainability agenda that our technology has found a home here.

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Doosan Heavy Industries & Construction partners with RevoTech on production of hydrogen from waste plastic

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Korea’s Doosan Heavy Industries & Construction has embarked on the development of technology for producing hydrogen using waste plastic and vinyl. The company has signed a business partnership MOU with RevoTech, a company that specializes in the continuous pyrolysis of waste plastic. million tons in 2030 to 5.26

Waste 320
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Repsol produces renewable hydrogen from biomethane from urban solid waste

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Spain-based energy and petrochemical company Repsol has produced renewable hydrogen using biomethane as raw material for the first time. The biomethane used as raw material was obtained from urban solid waste. Repsol uses energy efficiency, the circular economy, renewable hydrogen, and CO 2 capture and use technologies to achieve this.

Waste 199
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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a leading waste-to-biofuels and chemicals producer, has completed a C$280-million (US$223 million) investment round—its largest to date. The technology converts non-recyclable, non-compostable municipal solid waste into methanol, ethanol and other widely-used chemicals. Canada-based Enerkem Inc.,

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