Chevron Phillips Chemical-backed Six Pines Investments to invest in Nexus Circular.

Chevron Phillips Chemical-backed Six Pines Investments to invest in Nexus Circular, a circular waste-to-virgin plastics recycler. Financial terms are not disclosed. “Nexus and CPChem share a common goal to divert plastic waste from the environment. Waste plastics should not end up in the environment, as they can be circularly recycled into new plastics for use across a wide array of applications. We are pleased to be working with, and now invested in, Nexus. This investment will accelerate the rollout of our Marlex® Anew™ Circular Polyethylene products across the US and the world,” Benny Mermans, CPChem Vice President.