NEXUS AND SHELL SIGN STRATEGIC SUPPLY AGREEMENT TO SCALE UP COMMERCIAL PRODUCTION OF CHEMICALS FROM PLASTIC WASTE

Nexus Fuels LLC (Nexus) and Shell today announce a supply agreement, for 60,000 tonnes over four years, of pyrolysis liquid made from plastic waste, which is then converted into chemical products.  Nexus, a leader in plastic waste molecular recycling, will supply fully circular, ISCC Plus-certified product from its plant in Atlanta.

This enhanced collaboration follows a year of continuous, high-quality supply to Shell’s chemical plant in Norco, Louisiana, USA, where it has been used in the liquid cracker to make chemicals that are the raw materials for everyday items.  The new agreement builds on that success and on a common desire to find solutions to plastic waste pollution and progressing a low-carbon future.  It is a next step towards Shell’s ambition to use one million tonnes of plastic waste a year
in its global chemical plants by 2025.

Jeff Gold, Nexus Chief Executive Officer, said “We appreciate Shell’s support of Nexus to convert waste plastics to virgin-molecule feedstocks and back into chemical products. Their teams have been great partners and share our philosophy and vision for improving our environment.”

Thomas Casparie, Executive Vice President of Shell’s global chemicals business, said “Real-world, in-plant testing and application is key to proving technologies and scaling up production of chemicals from plastic waste.  This new supply agreement with Nexus is built on that solid foundation and is a positive step towards providing our customers with bigger volumes of sustainable, circular chemicals.”

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