Braskem signs MOU with Nexus Circular for off-take from new advanced recycling facility

Braskem and Nexus Circular have signed a Memorandum of Understanding for Braskem to secure exclusive rights to the production output from a new advanced recycling facility near Chicago, IL, with initial capacity of over 30,000 metric tons annually.

“With the new facility, we will leverage Nexus' proven, commercial advanced recycling technology to secure high-quality feedstock for the production of Braskem's certified circular PP resins.”prnewswire.com

• 1 source
• prnewswire.comBRASKEM EXTENDS RELATIONSHIP WITH NEXUS CIRCULAR THROUGH MOU FOR COMMERCIAL OFF-TAKE OF CIRCULAR PLASTIC FEEDSTOCKS FROM NEW ADVANCED RECYCLING FACILITYBraskem, Nexus CircularJul 11, 2022

Summarized from public sources; check the original articles before acting on it.