Alterra Energy, Technip Energies, and Neste launched Nerea™, a standardized, modular industrial offering to accelerate chemical recycling of plastic waste. By shifting from bespoke engineering to pre-engineered modules, Nerea aims to cut project risk, cost, and time-to-market for waste operators, project developers, refiners, and petrochemical companies. The platform combines Alterra’s plastics liquefaction know-how with Technip Energies’ engineering and Neste’s upgrading/offtake capabilities to convert hard-to-recycle plastics into petrochemical feedstocks compatible with existing assets, supporting faster scale-up of circular polymers.