Braven and Chevron Phillips sign long-term pyrolysis feedstock deal

GO CIRCULAR

Braven and Chevron Phillips sign long-term pyrolysis feedstock deal

Braven Environmental, a leader in advanced recycling, has announced a long-term offtake agreement with Chevron Phillips Chemical, a global leader in the chemical sector and a top supplier of polyethylene.

Source: EinpressWire

This agreement will enable CPChem to receive a substantial annual supply of ISCC PLUS certified pyrolysis oil, branded as Braven PyChem™, sourced from the initial phase of Braven’s upcoming facility.

This collaboration marks the second partnership between CPChem and Braven Environmental, highlighting their ongoing commitment to advancing a circular economy for plastics through cutting-edge recycling technology.

We are excited to expand our collaboration with Braven Environmental. This agreement progresses our efforts to incorporate advanced recycling technology solutions into our product portfolio and support the development of a circular economy for plastics.

Braven PyChem™ is derived from plastics that have been diverted from landfills, incinerators, and waterways, and it integrates seamlessly into the supply chain for producing virgin plastic and other valuable materials. This agreement aligns with CPChem's strategic emphasis on advanced recycling technologies and Braven's vision to build multiple facilities to bring Braven PyChem™ to market.

We are delighted to continue working with CPChem, a company that shares our vision for a more sustainable future. This agreement marks a crucial milestone in our mission to provide sustainable solutions and scale our patented pyrolysis process to meet the growing demand for recycled materials. By working together, we can make a substantial impact on reducing plastic waste and promoting a circular economy.

After successfully producing PyChem™ at its demonstration plant in North Carolina, Braven Environmental is set to expand its operations with a multi-unit facility expected to be located near the U.S. Gulf Coast. Braven’s proprietary and patented pyrolysis process, refined over more than a decade, prioritizes efficiency, flexibility, and ease of deployment, with the objective of establishing numerous facilities across the U.S. and internationally.

For more information, check out our Privacy Policy

Relevant news

GO CIRCULAR
Braven Environmental to supply feedstock to Chevron Phillips Chemical
Braven Environmental, company that derives fuel from plastic, has entered into a long-term agreement with Chevron Phillips Chemical to supply its pyrolysis-derived feedstock, Braven PyChem.