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Alterra to License Technology to Freepoint for its Gulf Coast Advanced Plastics Recycling Facility

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3 years ago

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New Facility Among Largest Recycling Capacity in the World

AKRON, Ohio, Feb. 15, 2023 /PRNewswire/ — Today Alterra announces its license arrangement with a subsidiary of Freepoint Eco-Systems Holdings LLC (“Freepoint”) for a proposed 192,000 tonnes per annum advanced plastics recycling facility to be sited in the Gulf Coast region. This facility will be one of the largest advanced recycling plants in the world with the potential to increase the capacity to 288,000 tonnes per annum.

 

Currently, Alterra operates an industrial-scale, fully continuous 20,000 tonnes per annum recycling facility in Akron, Ohio and licenses its proprietary technology to convert end-of-life plastic into feedstock for new plastic products worldwide. This Freepoint project will be Alterra’s first licensing transaction in North America.

“We are excited that an established global commodities merchant with a focus on owning and operating advanced recycling assets to minimize the reliance on fossil fuels for plastic production has chosen the Alterra technology,” said Alterra CEO Frederic Schmuck. “Freepoint shares our vision of a cleaner planet. They are a formidable partner as we build a solution to meet our industry’s circularity goals and enable a world where plastic is never discarded but instead remade over and over.”

“Freepoint selected the Alterra recycling process for our potential Gulf Coast facility because it has successfully operated at commercial scale in the recycling of hard-to-recycle waste plastics. This project will increase the recycled content of the new plastic produced, significantly reduce carbon emissions, divert almost 200,000 tons per year of waste from landfills, as well as assist in the creation of a more sustainable economy and a healthier planet,” said Jeff McMahon, Managing Director of Freepoint. 

The facility will recycle end-of-life plastic otherwise destined for landfills or incineration. The recycling facility’s output will be ISCC Plus certified and sold exclusively to Shell under a supply agreement.

“Shell is delighted to be strengthening its existing relationships with Alterra and Freepoint. With the potential to recycle more than 190,000 tonnes of post-use plastic per year, this facility will support Shell in delivering more of the circular chemicals our customers want,” said Phil Turley, GM, Plastic Circularity Shell.

To learn more about Alterra and its advanced recycling technology, visit alterraenergy.com.

About Alterra Energy LLC: Alterra is the developer, operator, and licensor of a thermochemical liquefaction process technology that renews discarded plastic back into its original building blocks, thus minimizing reliance on fossil fuels for the manufacturing of new plastic products. Our Akron, OH advanced recycling facility is the only full-scale, continuous plant of its kind. By licensing our technology to petrochemical companies driven to meet sustainability goals, we are Solving Plastic Pollution® through Infinitely Renewed Plastics™. Visit alterraenergy.com for more information.

About Freepoint Eco-Systems Holdings LLC: Freepoint Eco-Systems Holdings LLC is an affiliate of Freepoint Commodities LLC, a global commodities merchant providing supply chain management services and eco-friendly products and solutions to its customers. Among other things, Freepoint Eco-Systems is in the business of securing supplies of waste plastic that is not being recycled and converting that waste into reusable products via its advanced recycling facilities. Freepoint Eco-Systems is engaged in business operations in the U.S., Europe, and Asia. More information can be found at FreepointEcoSystems.com

About Shell Chemicals: Shell’s global chemicals business supplies customers with a range of base, intermediate and performance chemicals used to make products that people use every day. Shell wants to play its part in the transformation of the plastics value chain from linear to circular, reducing the need for raw materials and introducing more recycled products into everyday life. Shell believes that advanced recycling technology offers is a complementary solution to reduce, reuse and mechanical recycling measures; and is investing, innovating, and collaborating across the plastic waste value chain to support its growth.

Contact Information:
Thom Misbrener
ATA
330-283-6591
thom@anthonythomas.com

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SOURCE Alterra

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EX3 Accelerates APAC Expansion with Malaysia Growth Milestone and SAP Partnership

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2 minutes ago

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April 21, 2026

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LONDON and KUALA LUMPUR, Malaysia, April 21, 2026 /PRNewswire/ — EX3 today announced a significant milestone in its Asia-Pacific (APAC) growth journey, marked by continued expansion in Malaysia, a newly formalised SAP partnership, and further investment in regional leadership.

As part of its broader APAC growth strategy, EX3 has strengthened its presence in Malaysia, with headcount increasing to 21 employees—an addition of four new team members in the last six months alone, with additional two expected by end of May 2026. This growth reflects sustained demand for EX3’s expertise in delivering end-to-end HR and payroll transformation programmes across the region.

In parallel, EX3 has been officially inducted as an SAP Partner in Malaysia, with a dedicated focus on Human Capital Management (HCM) and Payroll. This milestone represents a strategic step forward, reinforcing EX3’s capability to deliver enhanced value to clients through deeper alignment with SAP technologies and innovation.

The SAP partnership is central to EX3’s regional ambitions, enabling the organisation to scale its delivery and sales capabilities across Malaysia and the wider APAC market. By combining SAP’s leading cloud solutions with EX3’s agile, AI-powered delivery approach, the company is well-positioned to support organisations navigating complex HR and payroll transformations.

Sam Garwood, Chief Revenue Officer at EX3, commented:
“Our SAP partnership represents a key enabler for our go-to-market strategy across APAC. With Malaysia at the centre of our regional operations, we are building a scalable, high-impact GTM engine that allows us to bring EX3’s full capabilities to market with greater speed and precision. This positions us strongly to capture growing demand for HR and payroll transformation across the region.”

Looking ahead, EX3 will continue to invest in its regional leadership team, including the upcoming appointment of a new Head of Sales for APAC. This role will be instrumental in driving continued growth, strengthening client relationships, and expanding EX3’s footprint across key markets.

Jas Rai, CEO of EX3, added:
“EX3 is on a strong global growth trajectory, and our expansion in APAC is a critical part of that journey. Malaysia plays a pivotal role in enabling that growth—both as a centre of delivery excellence and as a strategic hub for the region. As we continue to scale, our investment in Malaysia will help us accelerate our broader ambitions and deliver even greater value to clients globally.”

About EX3

EX3 is a global provider of end-to-end SAP Payroll and HR transformation, combining strategic advisory with outcome-based support and managed services to streamline global operations for organizations worldwide. With offices in the UK, Malaysia, and India, EX3 delivers modern, scalable, and innovative solutions that help clients transform how they manage HR and payroll operations.

https://www.weareex3.com/ 

Media Contact:
Sach Dhanjal
Senior Marketing Manager, EX3
sach.dhanjal@weareex3.com

Logo – https://mma.prnewswire.com/media/2957617/EX3_Logo.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/ex3-accelerates-apac-expansion-with-malaysia-growth-milestone-and-sap-partnership-302745004.html

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EX3 Accelerates APAC Expansion with Malaysia Growth Milestone and SAP Partnership

Published

2 minutes ago

on

April 21, 2026

By

LONDON and KUALA LUMPUR, Malaysia, April 21, 2026 /PRNewswire/ — EX3 today announced a significant milestone in its Asia-Pacific (APAC) growth journey, marked by continued expansion in Malaysia, a newly formalised SAP partnership, and further investment in regional leadership.

As part of its broader APAC growth strategy, EX3 has strengthened its presence in Malaysia, with headcount increasing to 21 employees—an addition of four new team members in the last six months alone, with additional two expected by end of May 2026. This growth reflects sustained demand for EX3’s expertise in delivering end-to-end HR and payroll transformation programmes across the region.

In parallel, EX3 has been officially inducted as an SAP Partner in Malaysia, with a dedicated focus on Human Capital Management (HCM) and Payroll. This milestone represents a strategic step forward, reinforcing EX3’s capability to deliver enhanced value to clients through deeper alignment with SAP technologies and innovation.

The SAP partnership is central to EX3’s regional ambitions, enabling the organisation to scale its delivery and sales capabilities across Malaysia and the wider APAC market. By combining SAP’s leading cloud solutions with EX3’s agile, AI-powered delivery approach, the company is well-positioned to support organisations navigating complex HR and payroll transformations.

Sam Garwood, Chief Revenue Officer at EX3, commented:
“Our SAP partnership represents a key enabler for our go-to-market strategy across APAC. With Malaysia at the centre of our regional operations, we are building a scalable, high-impact GTM engine that allows us to bring EX3’s full capabilities to market with greater speed and precision. This positions us strongly to capture growing demand for HR and payroll transformation across the region.”

Looking ahead, EX3 will continue to invest in its regional leadership team, including the upcoming appointment of a new Head of Sales for APAC. This role will be instrumental in driving continued growth, strengthening client relationships, and expanding EX3’s footprint across key markets.

Jas Rai, CEO of EX3, added:
“EX3 is on a strong global growth trajectory, and our expansion in APAC is a critical part of that journey. Malaysia plays a pivotal role in enabling that growth—both as a centre of delivery excellence and as a strategic hub for the region. As we continue to scale, our investment in Malaysia will help us accelerate our broader ambitions and deliver even greater value to clients globally.”

About EX3

EX3 is a global provider of end-to-end SAP Payroll and HR transformation, combining strategic advisory with outcome-based support and managed services to streamline global operations for organizations worldwide. With offices in the UK, Malaysia, and India, EX3 delivers modern, scalable, and innovative solutions that help clients transform how they manage HR and payroll operations.

https://www.weareex3.com/ 

Media Contact:
Sach Dhanjal
Senior Marketing Manager, EX3
sach.dhanjal@weareex3.com

Logo – https://mma.prnewswire.com/media/2957617/EX3_Logo.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/ex3-accelerates-apac-expansion-with-malaysia-growth-milestone-and-sap-partnership-302745004.html

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World Micro Tees Up for Angel Flight Soars on May 13, 2026

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3 minutes ago

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April 21, 2026

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ROSWELL, Ga., April 21, 2026 /PRNewswire/ — To support the critical need for specialized medical care requiring distant travel, World Micro is proud to announce its participation as an Angelic Hole Sponsor for the 2026 Atlanta Tournament of Angels. This annual charity golf tournament directly benefits Angel Flight Soars, a nonprofit organization based out of Peachtree Dekalb Airport in Chamblee, GA.

Angel Flight Soars provides free air transportation for individuals in need of medical care or other critical services. By coordinating volunteer pilots and donated flight resources, the organization helps remove transportation barriers, ensuring patients can access life-saving treatments, specialized care, and humanitarian support.

To secure a sponsorship or learn more about participation in this impactful event, visit Tournament of Angels

“As an Angelic Hole Sponsor for the 2026 Atlanta Tournament of Angels, World Micro is proud to stand behind Angel Flight Soars, a local nonprofit in our community, and support their mission of providing essential, free air transportation for individuals who must travel far from home for specialized medical care,” said Lauren Brown, Director of Business Development.

Supporting Critical Medical Air Transportation

The 2026 Atlanta Tournament of Angels brings together community members and organizations to contribute to a vital cause. Every shot taken during the tournament helps provide essential air transportation for patients requiring specialized medical care far from their homes. This support ensures that geographical distance does not hinder access to critical treatments.

Event Details and Community Impact

The 2026 Atlanta Tournament of Angels will take place on May 13, 2026, at the Chateau Elan Golf Club. As an Angelic Hole Sponsor, World Micro underscores the profound impact of community support for services like those provided by Angel Flight Soars. The tournament offers a unique opportunity for individuals and organizations to contribute to a cause that provides essential medical air transportation, ensuring patients can access critical care regardless of distance. 

About World Micro

World Micro is a global distributor specializing in electronic components and supply chain solutions for military, aerospace, industrial, and high-reliability applications. With a focus on speed, service, and dependable fulfillment, World Micro supports customers worldwide with responsive sourcing, logistics expertise, and value-added distribution services.

Learn more at www.worldmicro.com.

For pricing and inquiries, please contact World Micro at:
Email: info@worldmicro.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/world-micro-tees-up-for-angel-flight-soars-on-may-13-2026-302748030.html

SOURCE World Micro

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