July 25, 2023
Nova Chemicals has made a significant expansion of its Circular Solutions business today by announcing an investment into developing its first mechanical recycling facility in Connersville, IN.
The facility will process post-consumer plastic films to produce the company’s SYNDIGO recycled polyethylene (rPE) at commercial scale as early as 2025, delivering more than 100 million pounds of rPE to the market by 2026. NOVA Chemicals plans to expand its recycling footprint over the next several years to help it reach its industry-leading 2030 ambition of 30 per cent recycled content as a share of its total polyethylene sales.
The company recently announced an anticipated investment of between US $2-4 billion by 2030 to expand its sustainable product offerings, decarbonize its assets, and build a state-of-the-art mechanical recycling business while exploring new advanced recycling technologies.
“Nova Chemicals continues to show clear leadership in reshaping plastics for a better, more sustainable world,” said Roger Kearns, Nova Chemicals president and CEO. “We are committed to helping our customers achieve their recycled content goals through a variety of business models and we look forward to making more announcements like this as we work to enable a low-carbon, zero plastic waste future.”
The facility will employ approximately 125 people and be one of Connersville’s largest private employers. Connersville was strategically selected because of its access to abundant feedstock supply of post-consumer films from nearby metropolitan areas, and easy-to-access rail service for distributing SYNDIGO rPE to NOVA Chemicals’ customers.
Novolex, a developer of packaging products for foodservice and industrial markets, will operate the plant, leveraging its more than 15 years of experience in operating plastic film recycling facilities. The collaboration will increase the speed with which NOVA Chemicals ramps up its supply of SYNDIGO rPE to the market.
“Novolex is proud to collaborate with Nova Chemicals’ Circular Solutions and is excited by the opportunity to operate this state-of-the art recycling facility in the Hoosier state,” said Stanley Bikulege, Novolex chairman and CEO. “Indiana has long been a hub for sustainability, innovation, and business. The new plant will build on our experience of operating both our North Vernon plastics recycling facility in Indiana and our recycling plant in Wisconsin as well as accelerate our commitment to support recycling and the circular economy.”
About the Author(s)
You May Also Like
Kingspan Launches Bio-Based Insulation Made from HempNov 30, 2023
Abbvie to Acquire ImmunoGen for $10.1 BillionNov 30, 2023
Tyson Opens Fully Cooked Food Production PlantNov 29, 2023
Nestlé Puts Resources Into Plastics RecyclingNov 29, 2023