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Alterra is Solving Plastic Pollution® through Infinitely Renewed Plastics™ on a global scale with the deployment of its continuous advanced recycling technology. At its Akron, Ohio plant, the company creates economic value from landfill bound plastic, enabling the circular economy and creating a cleaner world by converting discarded plastics into petrochemical materials that can be further refined into new plastic production. The Akron, OH facility utilizes a patented thermochemical liquefaction technology to process 60 tons of waste plastic daily, diverting millions of pounds of plastic from landfills. Alterras team of engineers, experts, and partners are driven by one purpose: creating a cleaner planet for future generations. Alterra licenses its technology to entities looking to recycle more challenging plastics or seeking more sustainable products. It is partnering with companies in the solid waste industry, government entities, and petrochemical companies. In January 2021, the worlds fourth-most sustainable company, Neste, acquired a minority interest in the company. Neste will collaborate with Alterra to further develop and commercialize Alterras technology in Europe and across the world. By globalizing its thermochemical liquefaction process, Alterra is re-imagining a future where society is free from landfilling and incinerating plastic waste.
Innovyz USA founds and builds world-changing companies by bringing together early-stage technologies, extensive business development experience, and access to capital. Innovyz USA is not simply a commercialization company but is rather a combination of an accelerator, an incubator, a venture capitalist, and a management consultancy. Our team has the business expertise, network contacts within industry, and access to funds to empower the world with the essential innovations to thrive. Innovyz USA works with national laboratories, universities, and innovation centers in the United States to find the best technologies that fit into our commercialization platform. Technologies submitted for review undergo a rigorous technical and commercial analysis by the Innovyz USA expert panel of scientists and market analysts. Once an innovation has been selected by Innovyz USA, a Commercialization Manager, who serves as an interim General Manager is appointed to manage the launch of the start-up company around the innovation and to build it into a viable investment-ready business. Innovyz USA is based in Chicago.
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