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Recycling

Chevron Phillips invests in plastics recycling

by Alexander H. Tullo
January 13, 2022 | A version of this story appeared in Volume 100, Issue 2
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Chevron Phillips Chemical’s sustainable investment arm is investing in two chemical recycling firms, Nexus Circular and Mura Technology. Atlanta-based Nexus supplies pyrolysis oil to Chevron Phillips. London-based Mura is developing a catalytic recycling process that employs supercritical water, heat, and pressure to break down plastics. Separately, Chevron Phillips has made its first commercial-scale sales of Marlex Anew Circular Polyethylene, its line of plastics derived from pyrolysis oil made from postconsumer plastic.

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