Neste to receive funding from the EU Innovation Fund for chemical recycling project in Porvoo
Neste Corporation, Press Release, 13 July 2022 at 9 a.m. (EET)Neste has received a positive grant decision for up to EUR 135 million from the EU Innovation Fund for the company’s project to build chemical recycling capacities at its Porvoo refinery in Finland. Project PULSE (“Pretreatment and Upgrading of Liquefied Waste Plastic to Scale Up Circular Economy”) aims to implement Neste’s proprietary technologies to pretreat and upgrade liquefied waste plastic and integrate the technologies into the refinery operations. The PULSE project targets pretreatment and upgrading capacities