New Energy, Hungary, first chemical tire recycling plant worldwide with ISCC PLUS certified Point of Origin
Budapest, Hungary, January 14th, 2022. On December 10, 2021, New Energy was the only commercially active company worldwide that was certified by ISCC PLUS as a "Point of Origin" and greenhouse gas savings for chemical recycling of both tire and plastics.
The International Sustainability and Carbon Certification (ISCC) is a worldwide leading certification system that offers solutions for the implementation and certification of sustainable and traceable supply chains of waste and recycled carbon materials.
New Energy’s ISCC PLUS certification ensures compliance with high ecological and social sustainability requirements, greenhouse gas emissions savings and mass-balance traceability throughout the entire supply chain (“Point of Origin”).
New Energy produces Circular Carbon Black and Circular Pyrolysis Oils through chemical recycling from end-of-life tires and mixed plastic waste in a proprietary process called Continuously Revolving Cycle Charge (CrCC™). These environmentally friendly and sustainably recovered products serve as a substitute for fossil primary raw materials and thus support the transition to a resource-saving circular economy.
“This unique ISCC PLUS certification guarantees the traceability of the recovered chemical substances, which means that our customers can declare their new products made from them as sustainable in the sense of the circular economy,” said Viktor Varadi, CEO, and co-founder of New Energy.
About New Energy
New Energy Kft. is an innovative technology and chemical recycling company specialized in the development and commercialization of solutions related to circular economy. New Energy’s main mission in the last 18 years is to turn formerly untreatable polymer based and organic waste streams into useful raw materials for the chemical industry, thus addressing the unsustainable extraction of natural resources in an economically viable manner. The company has developed and commercialized a proprietary technology that can turn waste tires and mixed plastic waste back to secondary raw materials to support circular economy strategies of its partners and customers and has over a decade of continuously operational experience in running a thermochemical recycling plant. Further information about the company at New Energy's website.