# Braskem and Nexus Circular sign MoU for output of Illinois recycling facility

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.

- Type: Contract
- Announced: 2022-07-12
- Where: near Chicago, Illinois, United States
- Status: announced
- Capacity: 30,000 tonnes per year (initial), up to 120,000 tonnes per year (potential)
- Products: circular polypropylene resins, recycled plastic materials
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

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

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/braskem-nexus-recycling-facility/), 2022-07-12: "Under the terms of the MoU, Braskem will have exclusive rights to the recycling facility’s production output."

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