Chevron Phillips Chemical (CPChem) has announced two significant developments to its advanced recycling program, which converts waste plastics into circular polyethylene.
Since introducing Marlex® Anew™ Circular Polyethylene in October, the company has received certification through the International Sustainability and Carbon Certification PLUS (ISCC PLUS) process and signed a long-term supply agreement with Nexus Fuels LLC (Nexus) as its first supplier of pyrolysis oil.
The internationally recognized ISCC PLUS certification verifies Chevron Phillips Chemical meets the high standards required to hold the certificate, providing customers of Marlex® Anew™ Circular Polyethylene with added confidence in the certified circular product.
This reflects the company’s committed and growing efforts to create sustainable streams for waste plastics. Chevron Phillips Chemical’s Cedar Bayou facility in Baytown, Texas, produces Marlex® Anew™ Circular Polyethylene.
It is the company’s first location to receive the ISCC PLUS certification, a status Chevron Phillips Chemical expects to seek as additional sites are added to the expanding advanced recycling program.
The Nexus supply agreement and ISCC PLUS certification of both companies make Chevron Phillips Chemical well-positioned to further scale production of its circular polymer and deliver sustainable products for years to come. Chevron Phillips Chemical is targeting an annual production volume of 1 billion lbs. of Marlex® Anew™ Circular Polyethylene by 2030.
For more information visit www.cpchem.com
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