Sector News

Neste to partner with Tepsa on storage, logistics for liquefied waste plastics at Rotterdam

October 6, 2024
Energy & Chemical Value Chain

Neste Corp. will collaborate with Dutch terminals operator Tepsa for the storage and handling of liquefied waste plastics at Rotterdam, Netherlands, to enhance Neste’s chemical recycling logistics infrastructure in Europe.

Neste said that following successful industrial-scale processing runs at its integrated crude oil refining and petrochemicals site at Porvoo, Finland, it is “moving towards using larger quantities of liquefied waste plastic as a raw material.” The pyrolysis oil is processed at Porvoo into a high-quality recycled drop-in feedstock for the production of new plastics and chemicals, it said.

The agreement with Tepsa, formerly known as Rubis Terminals, will see new aggregation tanks located at the port of Rotterdam “to optimize supply chains and streamline logistics,” Neste said. Neste is securing liquefied waste plastics supply via various suppliers across Europe, it said.

The new storage tanks at Tepsa’s terminal are expected to be operational in the second half of 2025, according to Neste. This would match the schedule for Neste’s ongoing construction of capacity upgrading facilities for liquefied waste plastics at Porvoo, it said. The tank storage solution and surrounding infrastructure will ensure safe and reliable storage of the liquefied waste plastics, it said. The storage capacity of the new tanks was not given.

The tanks at Rotterdam will be “crucial in optimizing our supply chain and in reaching our ambitious goals of processing liquefied waste plastic. We are continuously expanding our network of suppliers for liquefied waste plastic and the new storage significantly enhances our offtake flexibility,” said Andreas Teir, head/chemical recycling at Neste.

Neste has previously stated its goal to eventually process over 1 million metric tons per year of waste plastics. The company is building upgrading capacities for 150,000 metric tons of liquefied waste plastics per year, it said, which will be processed into drop-in feedstock to produce new polymers.

Tepsa currently stores industrial liquid bulk products and gases including chemicals, fertilizers, biofuels and traditional fuels at 15 terminals in Europe. The terminal at Rotterdam is focused mainly on the storage and transshipment of petrochemicals, specialty chemicals, biofuels and recycled products, Tepsa said.

by Mark Thomas

Source: chemweek.com

comments closed

Related News

October 13, 2024

Maersk investment group funding €1.5bn plant making fossil-free plastics from methanol

Energy & Chemical Value Chain

The Maersk shipping family are funding a new company producing fossil-free plastics from green methanol. Launched by Maersk’s holding company AP Moller Holding and headed by chemicals executives, Vioneo plans to spend €1.5bn (US$1.64bn) building a 300,000 t/y plant in Belgium that could start operations in 2028.

October 13, 2024

Honeywell to spin off its Advanced Materials business

Energy & Chemical Value Chain

Honeywell International, Inc. announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, which is targeted to be completed by the end of 2025 or early 2026. Honeywell expects to execute the planned spin in a tax-free manner to its shareowners.

October 13, 2024

Solvay completes major emissions-reduction project in Wyoming

Energy & Chemical Value Chain

Solvay S.A. announced the official inauguration of its regenerative thermal oxidation (RTO) process at its Green River, Wyoming plant, marking a key milestone in the Group’s global efforts to reduce greenhouse gas emissions and drive sustainable growth.