Nexus Circular is a commercial leader in advanced recycling with a proven proprietary technology and a leading process design that converts landfill-bound films and other hard-to-recycle plastics into high-quality liquids which are then used to produce virgin-quality circular plastics. Since 2018, Nexus has been consistently supplying commercial volumes of circular liquid products, having diverted over 8 million lb of used plastics from landfill.
CPChem is targeting an annual production volume of 1 billion lb of Marlex Anew Circular Polyethylene by 2030. The proven, fully commercialised advanced recycling technology from Nexus repeatedly transforms difficult-to-recycle plastics into pristine new products to accelerate the transition to a circular economy for plastics.
Justine Smith, Senior Vice President of Petrochemicals at CPChem, said: “This contract with Nexus supports the transformation of used plastic into a new, useful resource, helping position CPChem to further scale our circular polymers program and deliver products the world needs for years to come.”
Clint Thompson, Chief Commercial Officer at Nexus, stated: “Nexus is delivering real-world scalable solutions to meet the outsized demands for virgin-quality recycled plastics. We are thrilled to collaborate with CPChem as we rapidly expand our innovation footprint.”
