Ascend buys US recycler Circular Polymers based in California and renames it Circular Polymers by Ascend.
The purchase of the majority stake in Circular Polymers strengthens Ascend’s post-consumer recycling capability.
Circular Polymers is a recycler of post-consumer high-performance polymers, including nylon 6 (PA6), nylon 66 (PA66). The company also recycles polypropylene (PP) and polyester (PET).
“We are focused on helping our customers reach their sustainability goals, ” said Phil McDivitt, president and CEO of Ascend.
Ascend Performance Materials is based in Houston, Texas, US, and is a producer of PA6 and PA66.