Nexus Circular
Nexus Circular is an Atlanta-based advanced recycler that uses proprietary pyrolysis to convert hard-to-recycle plastics (HDPE, LDPE, PP, PS) into ISCC PLUS certified circular feedstocks — pyrolysis oil, wax, and oil/wax blends — sold under long-term offtake agreements to global petrochemical manufacturers including Shell, Braskem, Chevron Phillips Chemical, and LyondellBasell.
- Company typePrivate
- Founded2008
- HeadquartersAtlanta, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Nexus Circular does
Nexus Circular is a US-based advanced recycling company founded in 2008 and headquartered in Atlanta, Georgia, that operates proprietary pyrolysis technology to convert hard-to-recycle post-consumer and post-industrial plastics (HDPE, LDPE, PP, and PS) into ISCC PLUS certified circular feedstocks. Its product platform comprises pyrolysis oil, pyrolysis wax, and an oil/wax blend, all of which are sold to petrochemical and plastics manufacturers as drop-in feedstocks for the production of virgin-quality circular plastics, eliminating the need for additional post-treatment. The company runs a single commercial-scale production line at its Atlanta facility and is in the process of expanding into new sites in Chicago, Dallas, the Southeast US, and Europe to reach a target processing capacity above 250 million pounds of used plastic annually.
The company's go-to-market is a direct enterprise sales motion anchored by long-term offtake agreements with major global petrochemical customers, including Shell, Braskem, Chevron Phillips Chemical, and LyondellBasell; Braskem has signed a 10-year definitive commercial agreement and LyondellBasell has committed to approximately 24,000 tons of recycled feedstock per year. Braskem and a Chevron Phillips Chemical subsidiary (Six Pines Investments) are also strategic equity investors alongside majority owner Cox Enterprises, which led a $150 million raise in January 2023. In parallel, Nexus is developing a healthcare plastics vertical through partnerships with Berry Global, Deaconess Midtown Hospital, and Evansville Packaging Systems.
The company is privately held and majority-owned by Cox Enterprises, with operations supported by an experienced leadership team led by CEO Jodie Morgan (appointed November 2021), founder/CTO Jeff Gold, co-founder/President Eric Hartz, CCO Clint Thompson, and CFO Michael McCullar (appointed April 2026). Nexus monetizes its circular feedstocks through multi-year contract-based B2B pricing to petrochemical partners, with no publicly disclosed unit pricing, and has been recognized with the 2023 ICIS Emerging Leader Award to its CEO.
Nexus Circular firmographics
Firmographics- Name
- Nexus Circular
- Legal name
- Nexus Circular LLC
- Website
- https://nexuscircular.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Nexus Circular is an Atlanta-based advanced recycler that uses proprietary pyrolysis to convert hard-to-recycle plastics (HDPE, LDPE, PP, PS) into ISCC PLUS certified circular feedstocks — pyrolysis oil, wax, and oil/wax blends — sold under long-term offtake agreements to global petrochemical manufacturers including Shell, Braskem, Chevron Phillips Chemical, and LyondellBasell.
- Ownership category
- akta.pro rank
Nexus Circular industry classification
Industry- Product category
- Advanced Plastics Recycling
- NAICS
- Petrochemical Manufacturing (32511)
- SIC
- Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)
- akta.pro primary industry
- Chemical/Advanced Plastics Recycling (Depolymerization, Pyrolysis, Solvolysis) (IMANAMAD)
- akta.pro secondary industries
- Plastic-to-Fuel/Oil & Feedstock Upgrading (Naphtha/Cracker Feed) (EUAIAKAL), Material Reuse & Upcycling Services (Non-recycling Transformation) (EUAIANAJ)
Keywords
Where Nexus Circular is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Nexus Circular business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Pyrolysis Oil Sales: Sale of ISCC PLUS certified pyrolysis oil to petrochemical companies as circular feedstock to produce new plastics
- Pyrolysis Wax Sales: Sale of pyrolysis wax produced from advanced recycling process
- Oil-Wax Blend Sales: Sale of proprietary oil-wax blend products as circular feedstock alternatives
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B feedstock contracts |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Nexus Circular product offering
Product offeringCore offering
Nexus Circular operates a commercial advanced recycling platform that uses proprietary pyrolysis technology to convert hard-to-recycle plastics (HDPE, LDPE, PP, PS) into ISCC PLUS certified circular feedstocks. The company produces and sells pyrolysis oil, pyrolysis wax, and oil-wax blend products to global petrochemical companies as drop-in feedstock alternatives to virgin fossil fuel-based inputs for new plastic production. Sales are conducted under long-term offtake agreements with major petrochemical manufacturers.
Product overview
Nexus Circular operates a single unified advanced recycling platform based on proprietary pyrolysis technology that converts hard-to-recycle plastics (HDPE, LDPE, PP, PS) into circular feedstocks. The company produces three main products: Pyrolysis Oil (circular liquid), Pyrolysis Wax, and Pyrolysis Oil/Wax Blend, all ISCC PLUS certified. These circular plastic feedstocks are sold to global petrochemical companies including Shell, Chevron Phillips Chemical, Braskem, and LyondellBasell for production of virgin-quality circular plastics. The Atlanta, Georgia facility serves as headquarters, technology center, and commercial-scale production site.
Differentiator
Problem solved
Functional benefit
Products and services
- Pyrolysis Oil (Circular Liquid) High-quality ISCC PLUS certified pyrolysis oil produced from advanced recycling of used plastics (HDPE, LDPE, PP, PS), sold to petrochemical companies as a circular feedstock for virgin-quality plastic production.
- Pyrolysis Wax Patent-protected pyrolysis wax composition derived from post-consumer and post-industrial plastics processing, part of the Nexus circular product portfolio sold to petrochemical and chemical manufacturers.
- Pyrolysis Oil and Wax Blend Patent-protected pyrolysis oil and wax blend composition for enhanced circular feedstock applications in plastics manufacturing, sold to petrochemical customers as a drop-in alternative.
- Circular Plastic Feedstocks (Supply) Landfill-bound plastics converted into high-quality circular materials including circular oil for global petrochemical partners to produce virgin-equivalent sustainable plastics, supplied under multi-year offtake agreements.
Quantifiable outcome
- Converts 60% of global plastic waste (HDPE, LDPE, PP, PS) that traditional recycling cannot process
- +1 more outcomes
Companies that use Nexus Circular
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
Nexus Circular technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Nexus Circular partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- BraskemcoreBraskem serves as both offtake partner and strategic investor, purchasing circular pyrolysis oil feedstock from Nexus Circular and providing capital support for technology scaling.
- ShellcoreShell is a major offtake partner purchasing circular feedstock products from Nexus Circular for processing into new plastics.
- Chevron Phillips ChemicalcoreChevron Phillips Chemical offtake partner for circular pyrolysis oil produced by Nexus Circular's advanced recycling process.
- LyondellBasellcoreLyondellBasell offtake partner receiving circular feedstocks from Nexus Circular for new plastic production.
- Berry GlobalcorePartnership for healthcare plastics recycling, focused on converting medical and healthcare plastic packaging into circular feedstocks.
- Deaconess Midtown HospitalcoreHealthcare partnership for recycling medical plastics, working with Evansville Packaging Systems to process healthcare plastic waste.
- Evansville Packaging SystemscorePartnership for healthcare plastics recycling, enabling processing of medical device and packaging plastics through Nexus Circular's technology.
- PrintpackminorPartner for plastic circularity solutions, collaborating on converting packaging waste into circular feedstocks.
- DowminorPartner for circular plastics solutions, working with Nexus Circular on converting plastic waste into circular feedstocks.
- American Chemistry Council (ACC)minorIndustry association membership supporting advocacy for advanced recycling and circular economy in the chemical industry.
- Plastics Industry Association (PLASTICS)minorIndustry association membership for plastics industry collaboration and recycling advocacy.
- Healthcare Plastics Recycling Council (HPRC)minorIndustry council focused on advancing recycling solutions for healthcare plastics, with Nexus Circular as member participant.
Scale indicators3 records
Recent moves7 records
Expansion highlights6 records
Nexus Circular competitors and assessment
Company assessmentDirect peers
- Plastic Energy: Plastic Energy operates commercial pyrolysis plants converting end-of-life plastics into pyrolysis oil for petrochemical offtake — the closest direct head-to-head competitor to Nexus Circular in advanced recycling for hard-to-recycle polyolefins.
- Mura Technology: Mura Technology runs advanced recycling (supercritical-water and pyrolysis) plants producing pyrolysis oil for petrochemical customers — directly comparable single-technology platform competing for the same circular-feedstock demand.
- Brightmark: Brightmark converts mixed plastics to fuels and feedstocks using pyrolysis; an earlier-stage US-based advanced-recycling operator comparable in technology stack though narrower in commercial-scale offtake.
- Agilyx: Agilyx provides pyrolysis-based chemical recycling technology and operates demonstration plants to convert waste plastics into styrene and other monomers; comparable technology route and petrochemical-grade output.
Broad incumbents
- Eastman Chemical: Eastman has built a large-scale molecular recycling (PET-to-monomer, methanolysis) platform and is also investing in polyolefin pyrolysis-style processes; a broad specialty-chemical incumbent with overlapping circular-feedstock ambitions and deep offtake integration.
- ExxonMobil (advanced recycling): ExxonMobil operates pyrolysis-based advanced recycling at Baytown, Texas with plans for multi-site expansion; an oil-major incumbent investing directly into circular feedstock that competes for the same petrochemical offtake as Nexus.
- BASF (ChemCycling): BASF's ChemCycling initiative uses pyrolysis oil from partner recyclers as feedstock for virgin-equivalent plastics via mass-balance certification; a comparable end-buyer and indirect competitor in advancing pyrolysis-based circular plastics.
- INEOS Energy / Inovyn: INEOS is developing its own advanced recycling pipeline (e.g., Zwenzendorf pyrolysis project) to source circular feedstock for crackers; a petrochemical incumbent building competing supply.
Emerging players
- Renewlogy: Renewlogy operates a pyrolysis-based advanced recycling process turning mixed plastics into fuels and feedstocks; a smaller, earlier-stage direct competitor addressing the same hard-to-recycle plastic streams.
- PureCycle Technologies: PureCycle operates a solvent-based purification process to recycle PP into virgin-quality resin; an adjacent advanced-recycling competitor targeting the same CPG/petchem demand for circular PP, though via a different process route.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Nexus Circular social profiles
Digital presenceNexus Circular compliance and trust
Trust signalCompliance5 records
Nexus Circular financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nexus Circular leadership team
Management profileNumber of profiles
Profiles10 records
Nexus Circular funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nexus Circular M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nexus Circular
What does Nexus Circular do?
Nexus Circular operates a commercial advanced recycling platform that uses proprietary pyrolysis technology to convert hard-to-recycle plastics (HDPE, LDPE, PP, PS) into ISCC PLUS certified circular feedstocks. The company produces and sells pyrolysis oil, pyrolysis wax, and oil-wax blend products to global petrochemical companies as drop-in feedstock alternatives to virgin fossil fuel-based inputs for new plastic production. Sales are conducted under long-term offtake agreements with major petrochemical manufacturers.
Is Nexus Circular a public or private company?
Nexus Circular is a private company. It is classified as corporate owned and is currently operating.
When was Nexus Circular founded?
Nexus Circular was founded in 2008. It employs 101 to 250 people.
Where is Nexus Circular based?
Nexus Circular is headquartered in Atlanta, United States, in the North America region.
How does Nexus Circular make money?
Three revenue lines are on record. Pyrolysis Oil Sales are the primary driver. The others are pyrolysis Wax Sales and oil-Wax Blend Sales.
Who are Nexus Circular's main competitors?
Direct peers on record are Plastic Energy, Mura Technology, Brightmark and Agilyx. Broad incumbents are Eastman Chemical, ExxonMobil (advanced recycling), BASF (ChemCycling) and INEOS Energy / Inovyn. Emerging players are Renewlogy and PureCycle Technologies.
Does Nexus Circular have an API?
No public API is recorded for Nexus Circular.
What industry is Nexus Circular in?
Nexus Circular's product category is Advanced Plastics Recycling. Its primary akta.pro industry code is IMANAMAD, Chemical/Advanced Plastics Recycling (Depolymerization, Pyrolysis, Solvolysis), with a secondary code of EUAIAKAL, Plastic-to-Fuel/Oil & Feedstock Upgrading (Naphtha/Cracker Feed). Its NAICS code is 32511 and its SIC code is 2821.