Alterra Energy
Alterra Energy is a US chemical recycling technology company that licenses its proprietary Inficycling™ pyrolysis-liquefaction process to convert waste plastics into original building blocks for new plastics and chemicals, operating the world's first continuous plastic circularity plant in Akron, Ohio.
- Company typePrivate
- Founded2009
- HeadquartersAkron, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Alterra Energy does
Alterra Energy is a US-based chemical recycling technology company that has developed a proprietary pyrolysis-based liquefaction process called Inficycling™, which converts waste plastics back into their original chemical building blocks to produce new plastics and other valuable products. The company designed, engineered, and operates what it describes as the world's first truly continuous plastic circularity plant in Akron, Ohio, which functions both as a commercial-scale processing facility and as a technology demonstration site. Alterra's technology specifically targets hard-to-recycle plastic streams that conventional mechanical recycling cannot process, addressing a global recycling rate that the company cites at less than 10%.
The company's business model is built on licensing its Inficycling technology to third-party operators who build and operate their own plastic recycling facilities, supplemented by direct operations at the Akron showcase facility. Its primary commercial licensee is Abundia Global Impact Group, which has signed on for the Cedar Port Renewable Energy Complex in Texas and, as of December 2025, expanded rights to develop two additional US sites — each with stated potential to convert up to 320,000 tons of waste plastic annually and generate over $200 million in annual revenue at the licensee level. Alterra also processes waste plastic supplied by Ravago under a 2021 strategic partnership, and is ISCC Plus certified, enabling licensee outputs to qualify as renewable feedstock under major regulatory frameworks.
The company is privately held as Alterra Energy LLC. Ravago, a global plastics and chemicals distributor, acquired an equity interest in Alterra in July 2021 and continues to supply feedstock to the Ohio facility, establishing a strategic anchor relationship. Subsequent funding rounds have brought in Neste, Infinity Recycling, Chevron Phillips Chemical, LyondellBasell, and Potenza Capital, suggesting growing institutional and strategic validation of the licensing platform. Alterra is led by CEO Frederic Schmuck and CFO Eugene Pringle, and employs 11-50 people.
Alterra Energy firmographics
Firmographics- Name
- Alterra Energy
- Legal name
- Alterra Energy LLC
- Website
- https://alterraenergy.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Alterra Energy is a US chemical recycling technology company that licenses its proprietary Inficycling™ pyrolysis-liquefaction process to convert waste plastics into original building blocks for new plastics and chemicals, operating the world's first continuous plastic circularity plant in Akron, Ohio.
- Ownership category
- akta.pro rank
Alterra Energy industry classification
Industry- Product category
- Chemical Recycling Technology
- NAICS
- Chemical Manufacturing (325), Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing (325194)
- SIC
- Industrial Organic Chemicals (2860), Refuse Systems (4953)
- akta.pro primary industry
- Plastic-to-Fuel/Oil & Feedstock Upgrading (Naphtha/Cracker Feed) (EUAIAKAL)
- akta.pro secondary industries
- Plastic Recycling Equipment & Technology Providers (Sorting, Washing, Extrusion) (EUAIAKAM), Material Reuse & Upcycling Services (Non-recycling Transformation) (EUAIANAJ)
Keywords
Where Alterra Energy is headquartered
LocationHeadquarters
- HQ city
- Akron
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Alterra Energy business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Infrastructure, Personnel, Supply Chain, Marketing or Sales
Revenue model
- Technology Licensing: Alterra licenses its proprietary pyrolysis/liquefaction technology to third-party companies who build and operate plastic recycling facilities. Licensees pay for rights to use the technology at their facilities. The model enables rapid global scaling without requiring Alterra to directly fund facility construction.
- Plastic Processing Operations: Direct operation of the Akron, Ohio showcase facility processes waste plastics into valuable products. The facility receives waste plastic from partners like Ravago and converts it into circular outputs.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Alterra Energy product offering
Product offeringCore offering
Alterra Energy develops and licenses proprietary pyrolysis-based plastic liquefaction technology branded as Inficycling™ that converts waste plastics back into their original chemical building blocks to produce new plastics and valuable chemical products. The company operates the world's first truly continuous plastic circularity plant in Akron, Ohio, as a showcase facility, and licenses the technology platform to partners such as Abundia to build and operate additional recycling facilities globally.
Product overview
Alterra Energy operates as a single unified offering centered on its proprietary Inficycling™ technology platform. The company's core product is its pyrolysis-based plastic circularity process, which converts discarded plastics back into their original chemical building blocks to produce new plastics and other valuable products. Alterra has engineered, designed, and built the world's first truly continuous plastic circularity plant in Akron, Ohio, which serves as a showcase facility. The company licenses its liquefaction technology to partners such as Abundia for deployment at additional recycling sites worldwide.
Differentiator
Problem solved
Functional benefit
Brands
- Inficycling: Alterra's proprietary plastic circularity technology that converts plastics back into their original building blocks to produce new plastics and other valuable products
- Inficycle
Products and services
- Inficycling™ Technology Platform
Quantifiable outcome
- 320,000 tons of waste plastic can be converted annually per licensed facility
- +1 more outcomes
Companies that use Alterra Energy
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Alterra Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Alterra Energy partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Abundia Global Impact GroupcoreAbundia licensed Alterra Energy's pyrolysis technology for a plastic recycling plant in Texas, then expanded rights to develop two additional facilities. Each facility can convert up to 320,000 tons of waste plastic annually with potential revenue exceeding $200 million per site. The Cedar Port Renewable Energy Complex in Texas is the first licensed deployment.
- ISCC (International Sustainability & Carbon Certification)minorAlterra has obtained ISCC certification, which verifies sustainability standards for its operations and products in the circular economy space.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Alterra Energy competitors and assessment
Company assessmentEmerging players
- Mura Technology: Mura Technology operates a hydrothermal advanced recycling platform (Cat-HTR) producing circular feedstocks — comparable end-output (recycled feedstock for plastics) via a different conversion route.
- Brightmark Energy: Brightmark has built commercial-scale plastics-to-fuel pyrolysis facilities, positioning it as a U.S. advanced recycling peer pursuing similar feedstock-offtake and licensing dynamics.
- Carbios: Carbios is developing enzymatic depolymerization recycling of PET into monomers — adjacent in the plastics-to-feedstock circularity space, pursuing the same brand-owner customers.
- PureCycle Technologies: PureCycle purifies recycled polypropylene feedstock from waste plastic — a circular plastics company competing for similar feedstock supply, brand-owner demand, and recycled-content policy tailwinds.
Broad incumbents
- Eastman Chemical: Eastman is investing heavily in methanolysis-based chemical recycling at industrial scale; as a major incumbent, it competes for the same recycled-feedstock off-take customers and policy tailwinds as Alterra.
- BASF (ChemCycling): BASF's ChemCycling program sources pyrolysis oil from advanced recyclers to produce 'mass-balanced' certified circular polymers — an incumbent buyer/partner competing for the same recycled-feedstock supply pool.
Direct peers
- Nexus Fuels: Nexus Fuels operates plastic-to-crude pyrolysis systems and supplies pyrolysis oil to refineries and chemical producers — a direct technical and commercial peer.
- Agilyx: Agilyx develops proprietary plastic-to-feedstock pyrolysis technology and licenses it to partners — directly comparable to Alterra's Inficycling platform and licensing go-to-market motion.
- Plastic2Oil: Plastic2Oil uses continuous-flow thermal depolymerization to convert waste plastics into fuels and chemical feedstocks, overlapping with Alterra's pyrolysis-based circularity process.
Others
- Shell (Plastic-to-Fuel / Recycling Programs): Shell has invested in pyrolysis-based advanced recycling and partnerships; as a global petrochemical incumbent, it competes for licensing partners and feedstock supply in the same category.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Alterra Energy social profiles
Digital presenceAlterra Energy compliance and trust
Trust signalCompliance1 record
Alterra Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alterra Energy leadership team
Management profileNumber of profiles
Profiles2 records
Alterra Energy funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alterra Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alterra Energy
What does Alterra Energy do?
Alterra Energy develops and licenses proprietary pyrolysis-based plastic liquefaction technology branded as Inficycling™ that converts waste plastics back into their original chemical building blocks to produce new plastics and valuable chemical products. The company operates the world's first truly continuous plastic circularity plant in Akron, Ohio, as a showcase facility, and licenses the technology platform to partners such as Abundia to build and operate additional recycling facilities globally.
Is Alterra Energy a public or private company?
Alterra Energy is a private company. It is classified as corporate owned and is currently operating.
When was Alterra Energy founded?
Alterra Energy was founded in 2009. It employs 11 to 50 people.
Where is Alterra Energy based?
Alterra Energy is headquartered in Akron, United States, in the North America region.
How does Alterra Energy make money?
Two revenue lines are on record. Technology Licensing is the primary driver. The others are plastic Processing Operations.
Who are Alterra Energy's main competitors?
Emerging players on record are Mura Technology, Brightmark Energy, Carbios and PureCycle Technologies. Broad incumbents are Eastman Chemical and BASF (ChemCycling). Direct peers are Nexus Fuels, Agilyx and Plastic2Oil. Shell (Plastic-to-Fuel / Recycling Programs) is listed as an others.
Does Alterra Energy have an API?
No public API is recorded for Alterra Energy.
What industry is Alterra Energy in?
Alterra Energy's product category is Chemical Recycling Technology. Its primary akta.pro industry code is EUAIAKAL, Plastic-to-Fuel/Oil & Feedstock Upgrading (Naphtha/Cracker Feed), with a secondary code of EUAIAKAM, Plastic Recycling Equipment & Technology Providers (Sorting, Washing, Extrusion). Its NAICS code is 325 and its SIC code is 2860.