Nexus Circular has signed a long-term agreement with Chevron Phillips Chemical (CPChem) for the supply of liquid feedstocks from a new recycling facility in the US.
The collaboration further strengthens CPChem’s relationship with Nexus for recycled plastic feedstocks to produce its Marlex Anew polyethylene. Nexus has been supplying CPChem for over two years with bulk shipments of materials certified under the International Sustainability and Carbon Certification (ISCC) scheme.
In December 2021, Six Pines Investments, a wholly-owned sustainable investment subsidiary of CPChem, invested in Nexus to expand production at the Atlanta, Georgia, facility. Both companies are continuing discussions on future expansion.
Thanks to its proprietary technology and a process that targets films and other hard-to-recycle plastics, Nexus has been supplying commercial volumes of its liquid products since 2018. It has diverted over 3 600 tonnes of plastic waste from landfill.
‘This new contract with Nexus helps position us to further scale our circular polymers programme and deliver products the world needs for years to come,’ says Justine Smith, senior vice president of petrochemicals at CPChem.
‘We are delivering real-world scalable solutions to meet the outsized demands for virgin-quality recycled plastics,’ adds Clint Thompson, chief commercial officer at Nexus. ‘We are thrilled to collaborate with CPChem as we rapidly expand our innovation footprint.’