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Braskem and Nexus Circular have signed a memorandum of understanding for Braskem to have exclusive rights to the production output from a planned advanced recycling facility near Chicago, Illinois. The facility will initially convert over 30,000 tonnes per year of used plastic into new materials.
“Under the terms of the MoU, Braskem will have exclusive rights to the recycling facility’s production output.”packaging-gateway.com
Summarized from public sources; check the original articles before acting on it.