PartnershipJun 22, 2026, 08:02 AM
Innventure's Refinity Secures PNNL License for SAF from Plastic Waste
AI Summary
Refinity, an Innventure, Inc. company, announced key advances in transforming plastic waste into valuable chemical intermediates. This includes an exclusive license from Pacific Northwest National Laboratory (PNNL) for technology to convert waste plastic-derived light olefins into distillate-range products suitable for sustainable aviation fuel (SAF), renewable diesel, or lubricants. Refinity aims to supply circular ethylene and propylene to petrochemical companies and expects to demonstrate an end-to-end process by late 2026, expanding feedstock options for fuels and petrochemical products.
Key Highlights
- Refinity secured an exclusive license from PNNL for technology to convert waste plastic-derived light olefins.
- The licensed technology produces distillate-range products for sustainable aviation fuel (SAF), renewable diesel, or lubricants.
- Refinity's core fluidized bed process converts mixed plastic waste into light olefins (ethylene, propylene) at over 50% yields.
- The PNNL technology utilizes a two-step catalytic oligomerization approach.
- Refinity expects to demonstrate an end-to-end conversion process by the end of 2026.
- This pathway broadens feedstock options for SAF and reduces reliance on conventional bio-based feedstocks.
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