Earth911 Podcast: Nexus Circular CEO Jodie Morgan on Plastic Recycling Progress
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Description
The evolution of plastic recycling is essential to cleaning up a plastic-addicted world and eliminating the need for oil extraction. Meet Jodie Morgan, CEO of Nexus Circular, who discusses the...
show moreRecyclable plastic does not justify buying more plastic. Still, the prospect of recycling mixed Plastics #2, #4, #5, and #6 to make new plastics means even landfilled plastics could be mined to replace raw petroleum as a feedstock. In January, Nexus raised $150 million to build additional capacity and launched a ten-year agreement to provide recycled plastic to Braskem America. In February, Nexus announced a long-term partnership with Chevron Phillips Chemical to make a circular form of polyethylene, the plastic used in food wraps, shopping bags, and detergent bottles. Given their progress, could a Nexus Circular IPO in the offing that might represent the first next-generation sustainable company to go public and ignite a stock market rally in green investing? You can learn more about Nexus Circular at https://nexuscircular.com/
Information
Author | Mitch Ratcliffe |
Organization | Earth911.com |
Website | earth911.com |
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