other material
confidence high
sentiment positive
materiality 0.65
Innventure's Refinity licenses VTT plastic-waste conversion tech; names CEO, COO
Innventure, Inc.
- Refinity licenses VTT's fluidized bed advanced plastic waste conversion technology for mixed plastic wastes to olefins.
- Bill Grieco (Innventure CTO) appointed Refinity CEO; Adam Javan named COO.
- Refinity to work with VTT and previously announced collaboration with Dow to develop waste-to-value facilities.
- Technology demonstrated at pilot scale; claims higher yields and lower CO2 emissions vs. conventional thermochemical processes.