Ravago and Alterra to vertically integrate to supply waste plastic, liquefaction technology and recycled polymer solutions globally.
Alterra Energy, an innovative advanced recycling technology company, and Ravago, a global leader in polymer recycling and distribution, announced today that Ravago has acquired an equity interest in Alterra Energy.
True to our sustainability pledge, recycling has always been a large part of who we are. Ravago has been committed to various aspects of sustainability since the company was founded in the 1960s.
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.
About Alterra Energy
Alterra Energy utilizes a scalable, patented, thermochemical liquefaction technology to process and recycle waste plastic, diverting millions of pounds of plastic from landfills. It is partnering with companies in the solid waste industry, government entities and petrochemical companies.
More info on Alterra Energy >