# 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.

- Type: Contract
- Announced: 2022-07-11
- Where: near Chicago, Illinois, United States
- Status: announced
- Capacity: over 30,000 metric tons annually (initial), potential to expand to over 120,000 metric tons annually
- Products: circular polypropylene (PP), circular plastic feedstocks
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Braskem](https://endata.com/companies/1071.md) (customer)
- [Nexus Circular](https://endata.com/companies/10170.md) (supplier)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/braskem-extends-relationship-with-nexus-circular-through-mou-for-commercial-off-take-of-circular-plastic-feedstocks-from-new-advanced-recycling-facility-301582393.html), 2022-07-11: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.