> ## Content Index
> Fetch the complete content index at: https://packaging-europe.ghost.io/llms.txt
> Use this file to discover other available public pages before exploring further.

# Neste invests in upgraded plastic waste-to-feedstock process at Finnish facility
- URL: https://packaging-europe.ghost.io/neste-invests-in-upgraded-plastic-waste-to-feedstock-process-at-finnish-facility/
- Published: 2023-06-21T11:45:00.000Z
- Updated: 2025-05-22T21:10:43.000Z
- Author: Packaging Europe staff writers
- Tags: Chemical recycling, Sustainability, #layout-s, #type-article, #packaging-europe, #Import 2026-09-08 15:47

[**Neste**](https://www.neste.com/about-neste?ref=packaging-europe.ghost.io) **has made a $111 million investment to upgrade its refinery in Porvoo in an effort to recycle 150,000 tons of liquefied plastic waste into petrochemical feedstock every year.**

This final investment decision is set to upgrade Neste’s facilities for liquified plastic waste and create feedstock for the pre-treatment, upgrading, and refining of new plastics – thus increasing the company’s flexibility in processing lower-quality plastic waste.

New assets are set to be built, while existing assets are expected to be retrofitted and upscaled with fast and efficient recycling in mind. The upgraded liquified plastic waste produced will be processed in the conventional refinery and hopes to replace a portion of the fossil resources processed at the refinery.

The investment fits into Neste’s wider PULSE project, which previously received a [€135 million](https://packagingeuropeltd-my.sharepoint.com/personal/el%5Fpackagingeurope%5Fcom/Documents/Neste%20has%20received%20a%20positive%20grant%20decision%20from%20the%20EU%20Innovation%20Fund%20for%20up%20to%20EUR%20135%20million%20for%20its%20plans%20to%20expand%20chemical%20recycling%20capacities%20at%20its%20Porvoo%20refinery%20in%20Finland?ref=packaging-europe.ghost.io) EU Innovation Fund grant and targets a total capacity of 400,000 tons per year.

Markku Korvenranta, executive vice president of Oil Products at Neste, says: “We have developed our capability to process circular raw material at the Porvoo refinery over the recent years and are now set to build a respective facility. The new facility processing 150,000 tons of liquefied waste plastic, is planned to be finalized in the first half of 2025.”

A series of [industrial-scale processing trials](https://packagingeurope.com/news/successful-conclusion-for-nestes-industrial-scale-processing-trial-of-liquefied-plastic-waste/7761.article?ref=packaging-europe.ghost.io) testing the use of liquified plastic waste as a drop-in solution for plastic production came to an end at the beginning of 2022\. The Porvoo facility also aspires to [phase crude oil out](https://packagingeurope.com/news/neste-aims-to-end-reliance-on-crude-oil-at-finnish-refinery-by-mid-2030s/8739.article?ref=packaging-europe.ghost.io) of its operations by the mid-2030s.

Recently, [Nestlé Mexico](https://www.nestle.com.mx/?ref=packaging-europe.ghost.io) and [Greenback Recycling Technologies](https://www.greenback.earth/en/home?ref=packaging-europe.ghost.io) opened a [new recycling plant](https://packagingeurope.com/news/nestle-mexico-and-greenback-use-enval-technology-to-generate-pyrolytic-oil-from-plastic-waste/9923.article?ref=packaging-europe.ghost.io) to turn hard-to-recycle plastics into pyrolytic oil using advanced recycling technology from [Enval Limited](https://www.enval.com/?ref=packaging-europe.ghost.io).

**If you liked this article, you might also enjoy:**

[*McDonald’s Director of Sustainability in Europe on the company’s approach to packaging sustainability*](https://packagingeurope.com/comment/the-mcdonalds-approach-to-packaging-sustainability/9561.article?ref=packaging-europe.ghost.io)

[*McKinsey on whether or not on-pack sustainability claims affect consumer spending*](https://packagingeurope.com/features/mckinsey-and-nielseniq-reveal-broad-correlation-between-on-pack-sustainability-claims-and-consumer-spending/9559.article?ref=packaging-europe.ghost.io)

[*Perspectives from industry-leading experts on the EU’s Packaging and Packaging Waste Directive revisions*](https://packagingeurope.com/features/experts-have-their-say-on-the-eus-packaging-and-packaging-waste-directive-revisions/9582.article?ref=packaging-europe.ghost.io)

[*A deep dive into the most important packaging sustainability trends and solutions*](https://packagingeurope.com/features/a-deep-dive-into-the-most-important-packaging-sustainability-trends-and-solutions/9648.article?ref=packaging-europe.ghost.io)