Nexus, a waste management and energy production company, has entered into a strategic relationship with Wood, the global consulting and engineering company, to globally expand its advanced molecular plastics recycling business to meet significant market demand from global plastics producers. Nexus is the first in the world, at scale, to receive International Sustainability and Carbon-Plus (ISCC Plus) Certification converting a broad range of plastic waste into products, which are then converted into virgin recycled-content plastics, creating a fully circular product. Nexus has a proven commercial-scale production plant in Atlanta, Georgiathat applies this proprietary technology and the company is currently providing commercial scale off-take to some of the world’s largest plastics customers through long-term supply agreements.
These and other customers, having seen the value of Nexus’ products and 2025-2030 objectives, want to accelerate production. Therefore, Nexus is partnering with Wood and other leading global EPFC (Engineering, Procurement, Fabrication and Construction) firms to meet this demand. Wood will first assist Nexus with the expansion of its plant in Atlantato better position the company for future phases of its global development.
Jeff Gold, Founder and CEO of Nexus, said: “Our accelerated plan and strategic relationships with firms like Wood will allow Nexus to advance current production rates to 5,000 tons of recycled feedstock per day, supporting the reuse of over 5 million tons of plastic waste annually with an estimated annual savings of 30 million tons of CO2 emissions when compared with incineration.”