Home Latest News & Insights ASCEND BUYS US RECYCLER

ASCEND BUYS US RECYCLER

November 16, 2022
M&A Puzzle

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.