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Neste acquires minority stake in Alterra · Endata

◂ Announcements

Jan 4, 2021ACQUISITIONUnited States

Neste acquires minority stake in Alterra

Neste acquired a minority stake in Alterra, a chemical recycling technology company. The companies will partner to commercialize Alterra's waste plastic liquefaction technology in Europe, with a target to start construction of a liquefaction site in Europe during 2021.

Status

Announced

Productschemical recycling technologywaste plastic liquefaction

CompaniesNeste acquirer Alterra target Alterra Energy target

Sectors#Specialty Chemicals

“Collaboration with Alterra strengthens Neste's ecosystem of partnerships that are aimed at accelerating the transition to a circular plastics economy.”alterra360.com

2 sources
alterra360.comNeste Acquires Minority Stake in Alterra; Companies Partnering to Commercialize Alterra's Waste Plastic Liquefaction Technology in Europe - AlterraJan 4, 2021
brecorder.comNeste buys stake in US recycling tech firm Alterra - Business & Finance - Business RecorderReutersJan 4, 2021

Summarized from public sources; check the original articles before acting on it.

More from Neste

Jun 17, 2021CONTRACTWesseling, Germany, Germany
LyondellBasell and Neste sign long-term renewable feedstock supply agreement
Neste supplier LyondellBasell customer lyondellbasell.com
May 20, 2021CONTRACTOsaka, Japan, Japan
Mitsui Chemicals signs biomass naphtha supply contract with Neste and Toyota Tsusho
Neste supplier Toyota Tsusho partner atpress.ne.jp
Feb 4, 2021PARTNERSHIP
DSM and Neste partner to produce engineering plastics from sustainable feedstock
Neste partner Royal DSM partner ptonline.com
Nov 2, 2020CONTRACT
Covestro receives first delivery of renewable phenol from Borealis for polycarbonates
Neste supplier Borealis supplier polymerguru.blogspot.com
Jul 23, 2020ACQUISITION
Nynas undergoes ownership change as Neste sells stake to Bitumina
Neste partner Nynas target adhesivesmag.com
Mar 11, 2020CONTRACTSingapore, Singapore
VEO supplies electrical distribution technologies for Neste's Singapore expansion
Neste customer VEO supplier veo.fi

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