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Announced

Completed

Braskem completed the investment in Nexus Circular.

Synopsis

Braskem, the largest polyolefins producer in the Americas, completed the investment in Nexus Circular, a provider of advanced recycling that converts landfill-bound plastics into circular feedstocks used in the production of sustainable virgin plastics. Financial terms were not disclosed. "We are so pleased to have Braskem join Nexus' advanced recycling endeavors and receive their support to accelerate our impact and growth worldwide," Eric Hartz, Nexus Circular President and Co-Founder.

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