May 30, 2025 -Plastic Waste Gets New Life: Alterra’s Breakthrough Validated in Major Refinery Test
AsiaMB Exclusive – The color masterbatch industry may soon access a new stream of recycled materials following Alterra’s successful industrial validation of its plastic-to-fuel technology. In a landmark trial at Viva Energy’s Geelong refinery, 9.5 tons of plastic pyrolysis oil (PPO) derived from waste plastics were successfully processed using conventional refining equipment.

From Lab to Reality: The Technical Leap
Alterra’s thermal chemical liquefaction technology – developed at its Ohio R&D center – converts mixed plastic waste into high-purity liquid hydrocarbons. This recent achievement:
• Confirms compatibility with existing refinery infrastructure
• Demonstrates scalability beyond pilot plants
• Establishes technical feasibility for permanent recycling facilities
“This changes the economics of plastic recycling,” noted Dr. Emma Chen, AsiaMB’s senior materials analyst. “Being refinery-ready significantly lowers the barrier for large-scale adoption.”
Implications for Masterbatch Producers
The breakthrough addresses critical pain points in plastic circularity:
Eliminates sorting challenges for mixed plastics
Creates higher-value output than mechanical recycling
Provides potential feedstock for recycled-content masterbatches
With global chemical recycling markets projected to exceed $100 billion by 2030, the technology could reshape supply chains for color concentrate manufacturers seeking sustainable material solutions.
The Road Ahead
Viva Energy now plans to develop Australia’s first permanent plastic recycling facility using Alterra’s process. The company is actively seeking global partners, with particular interest from Asian markets facing urgent plastic waste challenges.
“China’s dual carbon goals create strong potential for this technology’s adoption,” observed Li Wei, a Shanghai-based circular economy consultant. “The real test will be adapting it to handle Asia’s diverse plastic waste streams.”
As the industry moves beyond mechanical recycling, such innovations could provide masterbatch producers with both new material sources and sustainability credentials. AsiaMB will monitor how this development influences recycled polymer availability and pricing in coming months.