Neste, ReNew ELP and Licella joined forces to explore the potential of mixed waste plastic

Neste’s headquarter in Espoo, Finland

Neste, the world’s leading producer of renewable diesel headquartered in Espoo, Finland, UK-based chemical recycling company ReNew ELP, and Australian technology developer Licella are joining forces in a development project to explore the potential of using mixed waste plastic as a raw material for fuels, chemicals, and new plastics. In addition to studying liquefied waste plastic feasibility and sustainability as refinery raw material, the companies are also collaborating with the aim to facilitate regulatory acceptance for chemical recycling.

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