Plastics
Ascend Performance Materials has purchased a majority stake in California-based Circular Polymers, a recycler of post-consumer polymers, including polyamide 6 and 66, polypropylene and polyester. The deal provides Ascend with a consistent supply of high quality PCR materials for its ReDefyne™ sustainable polyamides.
Circular Polymers, which as part of the deal is renamed Circular Polymers by Ascend, reclaims and processes post-consumer carpet via a unique technology and has redirected approximately 85 million pounds of waste from landfills into new goods since 2018.
Ascend, a fully integrated producer of durable materials, has a sustainability strategy based on three pillars: empowering people, innovating solutions and operating without compromise.
Published in the December 2022 Edition