USA: Circular Economy Braven to Supply Pyrolysis-Derived Feedstock to CPChem
Under a long-term agreement signed between Braven and Chevron Phillips Chemical (CPChem), Braven will supply its pyrolysis-derived feedstock Braven Pychem to the chemical major. The move will establish a circular economy for the manufacturing of new plastics.
Zebulon/USA – Braven Environmental (Braven), a pioneering technology provider in the advanced plastics recycling sector, has recently announced that it has entered into a long-term agreement with Chevron Phillips Chemical (CPChem) to supply its pyrolysis-derived feedstock, Braven Pychem.
Braven’s proprietary pyrolysis process, which has undergone more than ten years of testing and development, is able to efficiently break down mixed, difficult-to-recycle waste plastics into a substance called Braven Pychem. This output can then be used to create a circular economy for the manufacturing of new plastics.
Braven’s unique modular system allows for fast and cost- efficient installation, making it a preferred partner for companies and governments in search of a permanent and sustainable solution to waste plastic recycling. Through its support of a circular plastics economy, Braven Environmental is leading the development of an economical approach to solving the global waste plastic crisis.
<blockquote class="inf-blockquote">CPChem has already started to receive Braven Pychem from Braven’s first commercial scale site in North Carolina, which started operations last year. </blockquote>
“Braven’s pyrolysis process and Pychem product offer an alternative to traditional waste plastics management and establishes a true circular economy for hard to recycle plastics, by creating the building blocks for the creation of new plastics. Our Pychem feedstocks help environmentally conscious companies like CPChem achieve its circularity goals, and we are excited to work hand in hand with CPChem as we continue to build more facilities,” states Nicholas Canosa, President and CEO of Braven Environmental.
CPChem has already started to receive Braven Pychem from Braven’s first commercial scale site in North Carolina, which started operations last year. Braven is expected to break ground at its second location in Virginia later this year, which will serve as an additional Braven Pychem supply source for CPChem.
Additional sites are expected to be announced in the near term, as Braven executes its plan to build a network of facilities throughout the U.S. and abroad, addressing an ever-growing volume of waste plastics affecting our planet’s ecosystems.