Braven
Braven Environmental is a US pyrolysis-based advanced recycling company that converts mixed waste plastics into PyChem™ feedstock and electricity via its modular Braven Reactor Train™ (BRT™), supplying long-term volumes to petrochemical customers such as Chevron Phillips Chemical and BASF.
- Company typePrivate
- Founded2010
- HeadquartersYonkers, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Braven does
Braven Environmental, LLC is a US-based renewable energy company founded in 2010 and headquartered in Yonkers, New York, that develops and commercializes advanced recycling technology for mixed waste plastics. Its core technology is the patented Braven Reactor Train™ (BRT™), a modular pyrolysis system that thermally decomposes difficult-to-recycle plastics (resin categories 2, 4, 5, 6 plus film and bags) into Braven PyChem™, a feedstock used for new plastic production or as alternative fuel, and PyVapor™, which converts output streams into electricity. The company claims its process handles nearly 90% of all plastics versus roughly 10% for mechanical recycling, with each 5,000-square-foot modular unit processing approximately 12,000 tons of waste plastic and producing approximately 2.1 million gallons of PyChem annually.
Braven operates a B2B, enterprise-led commercial model anchored by long-term feedstock supply agreements with major petrochemical customers — notably Chevron Phillips Chemical and BASF — under which PyChem is delivered for use in circular polyethylene and other recycled-content product lines. Revenue is also generated through technology licensing, modular facility development, and project management services delivered with partners such as Koch Project Solutions, with facility siting supported by state government partnerships (North Carolina, Texas). Pricing is bespoke and not publicly disclosed; the company is privately held, employs 101–250 people, and holds ISCC Plus certification covering its North Carolina operations and circular char output.
The company's growth program is centered on replicating its modular BRT™ units at new sites — beginning with a newly announced facility in Texarkana, Texas — and on expanding its roster of multi-year offtake partnerships with global chemical majors. Its leadership team blends industrial operating experience (CEO Heath DePriest, formerly VP of Renewable Fuels at Phillips 66), petrochemical R&D (CTO Jesse Goellner, ex-ExxonMobil Chemical catalysis), and institutional finance (CFO Jeffrey Neumann; co-founder Michael Moreno, previously a principal at Black Diamond Capital Management).
Braven firmographics
Firmographics- Name
- Braven
- Legal name
- Braven Environmental, LLC
- Website
- https://bravenenvironmental.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Braven Environmental is a US pyrolysis-based advanced recycling company that converts mixed waste plastics into PyChem™ feedstock and electricity via its modular Braven Reactor Train™ (BRT™), supplying long-term volumes to petrochemical customers such as Chevron Phillips Chemical and BASF.
- Ownership category
- akta.pro rank
Braven industry classification
Industry- Product category
- Advanced Plastic Recycling
- NAICS
- Materials Recovery Facilities (56292), Plastics Material and Resin Manufacturing (325211), Petrochemical Manufacturing (325110)
- SIC
- Refuse Systems (4953), Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)
- akta.pro primary industry
- Waste Pyrolysis (Plastics/tires/biomass-to-oil/char) (EUAAAKAF)
- akta.pro secondary industries
- Recycled & Reprocessed Polymer Resin Manufacturing (rPET, rPP, rPE; PCR/PIR resins) (IMANAAAH), Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply) (EUAIAKAA)
Keywords
Where Braven is headquartered
LocationHeadquarters
- HQ city
- Yonkers
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Braven business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Technology or R&D, Operations, Personnel, Supply Chain, Marketing or Sales
Revenue model
- Pyrolysis Feedstock Sales: Braven sells its pyrolysis-derived Braven PyChem™ product to petrochemical companies under long-term feedstock supply agreements. The product serves as input for new plastic manufacturing, creating recurring revenue through dedicated supply contracts with major chemical companies.
- Technology Licensing and Facility Development: The company deploys its modular BRT™ technology through partnerships with municipalities and industrial partners, generating revenue through technology licensing, facility construction, and ongoing operational partnerships.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Braven product offering
Product offeringCore offering
Braven Environmental develops and operates modular pyrolysis-based advanced recycling facilities (Braven Reactor Train™ / BRT™) that convert mixed, difficult-to-recycle waste plastics into Braven PyChem™, a feedstock for new plastic production and alternative fuel. The company sells PyChem under long-term supply agreements to major petrochemical companies and deploys turn-key modular facilities with municipalities and industrial partners.
Product overview
Braven Environmental operates a modular advanced plastics recycling platform centered on its patented Braven Reactor Train (BRT) pyrolysis technology. The BRT processes mixed, difficult-to-recycle waste plastics to produce Braven PyChem, a versatile feedstock used both as a building block for new plastic production and as an alternative fuel. The modular system, with each unit spanning approximately 5,000 square feet, enables rapid deployment in months. An additional PyVapor component converts output fuels into electricity, completing the circular solution. Braven's first commercial facility in Zebulon, NC processes approximately 12,000 tons of waste plastic annually per unit, yielding roughly 2.1 million gallons of PyChem.
Differentiator
Problem solved
Functional benefit
Brands
- Braven PyChem™: A pyrolysis-derived feedstock and building block for second-life plastics and alternative fuel, produced from processed waste plastics.
- Braven Reactor Train™ (BRT™)
- PyVapor™
Products and services
- Braven Reactor Train (BRT) Patented pyrolysis-based advanced recycling technology that converts mixed, difficult-to-recycle waste plastics (categories 2, 4, 5, 6, and plastic film/bags) into Braven PyChem through thermal decomposition. Each modular unit spans about 5,000 square feet and processes up to 12,000 tons of waste plastic annually.
- Braven PyChem
Quantifiable outcome
- 90% of all plastics processed vs. 10% for mechanical recycling
- +4 more outcomes
Companies that use Braven
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Braven technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Braven partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and strategic.
- BASFcoreBASF signed a long-term agreement with Braven Environmental for supply of advanced recycled feedstock. BASF is one of the world's largest chemical companies and this partnership enables BASF to access Braven's pyrolysis-derived PyChem for sustainable plastic production.
- Chevron Phillips ChemicalcoreBraven Environmental and Chevron Phillips Chemical entered into a long-term pyrolysis feedstock agreement. CPChem is a world-leading producer of olefins and polyolefins. This partnership supports circular economy goals and enables CPChem to produce circular polyethylene from recycled mixed-waste plastics.
- Koch Project SolutionscoreStrategic framework agreement with Koch Project Solutions (a Koch Engineered Solutions company) to provide project management contracting (PMC) services for Braven's multiple project program of pyrolysis-derived advanced recycling facilities. This supports Braven's national expansion plans.
- W. R. Grace & Co.strategicCollaboration on co-processing renewable and recyclable feedstock from advanced recycling. W.R. Grace is a leading chemicals company specializing in catalysis technology.
- State of North CarolinacoreState government partnership supporting Braven's first commercial facility in Zebulon, North Carolina. Partnership involves job creation, workforce development, and environmental conservation initiatives.
- American Chemistry CouncilstrategicPartnership with the American Chemistry Council, a prominent industry association representing U.S. chemical manufacturers, supporting industry collaboration and sustainable plastics initiatives.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Braven competitors and assessment
Company assessmentBroad incumbents
- Eastman Chemical Company: Eastman is a global specialty chemical company that has invested heavily in molecular recycling via pyrolysis (especially its Kingsport, Tennessee facility) to produce recycled-content polymers. They are a broad incumbent in advanced plastics recycling, competing with Braven for petrochemical offtaker relationships and recycled-content market share, though they operate at significantly larger scale with integrated chemical assets.
- ExxonMobil (Exxtend): ExxonMobil's Exxtend program uses advanced recycling at Baytown, Texas to process difficult-to-recycle plastics into feedstock for new polymers. As a vertically integrated petrochemical incumbent, they represent both a potential competitive threat to Braven and a partnership counterparty given the CTO's prior ExxonMobil background.
- BASF (ChemCycling): BASF operates its own ChemCycling program using pyrolysis oil for chemical production and is simultaneously a Braven customer. As both a strategic partner and a potential competitor with internal pyrolysis initiatives, BASF occupies a unique dual role in Braven's ecosystem and represents the largest single buyer relationship.
Direct peers
- Plastic Energy: Plastic Energy is a UK-headquartered advanced recycling company operating commercial-scale pyrolysis plants that convert mixed waste plastics into oil feedstock (TACOIL) for petrochemical customers. Like Braven, they sell pyrolysis-derived feedstock to major chemical companies under long-term supply agreements, making them one of the most directly comparable peer companies globally.
- Brightmark Energy: Brightmark operates plastic-to-fuel pyrolysis facilities in the U.S., converting mixed waste plastics into fuels and feedstocks. They pursued similar municipal and industrial partnerships for feedstock supply and have comparable commercial-scale ambitions, making them a direct competitor in the North American advanced recycling market.
- Agilyx ASA: Agilyx is a Norway-based chemical recycling company specializing in pyrolysis of waste polystyrene and mixed plastics to produce styrene and other chemical feedstocks. They share Braven's pyrolysis-to-feedstock business model and target petrochemical customers for circular polymer production.
- GreenMantra Technologies: GreenMantra uses proprietary catalytic depolymerization to convert waste plastics (especially polystyrene) into specialty chemicals, synthetic waxes, and polymer additives. They share the chemical-recycling-from-mixed-plastics thesis with Braven but focus on higher-value specialty outputs rather than bulk feedstock.
Emerging players
- PureCycle Technologies: PureCycle uses a solvent-based purification process (not pyrolysis) to recycle polypropylene waste into virgin-like resin. They compete with Braven for recycled-content offtake into the petrochemical value chain and pursue similar sustainability-driven partnerships with consumer brands, though their technology and feedstock target differ.
- Renewlogy: Renewlogy operates commercial-scale pyrolysis facilities converting mixed waste plastics into naphtha-grade oil for petrochemical and fuel applications. They pursue similar municipal and offtake partnership structures and represent an emerging competitor in the North American pyrolysis recycling space.
- Mura Technology: Mura Technology uses supercritical steam-based advanced recycling (HydroPRS process) to convert waste plastics into chemical feedstocks for new plastic production. They have partnered with major petrochemical players (Dow, LG Chem) for offtake, pursuing the same circular-polymer end-market as Braven via a different process technology.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Braven social profiles
Digital presenceBraven compliance and trust
Trust signalCompliance1 record
Braven financial estimates
Financial estimateRevenue estimate
Valuation estimate
Braven leadership team
Management profileNumber of profiles
Profiles5 records
Braven funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Braven 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 Braven
What does Braven do?
Braven Environmental develops and operates modular pyrolysis-based advanced recycling facilities (Braven Reactor Train™ / BRT™) that convert mixed, difficult-to-recycle waste plastics into Braven PyChem™, a feedstock for new plastic production and alternative fuel. The company sells PyChem under long-term supply agreements to major petrochemical companies and deploys turn-key modular facilities with municipalities and industrial partners.
Is Braven a public or private company?
Braven is a private company. It is classified as venture growth investor backed and is currently operating.
When was Braven founded?
Braven was founded in 2010. It employs 101 to 250 people.
Where is Braven based?
Braven is headquartered in Yonkers, United States, in the North America region.
How does Braven make money?
Two revenue lines are on record. Pyrolysis Feedstock Sales are the primary driver. The others are technology Licensing and Facility Development.
Who are Braven's main competitors?
Broad incumbents on record are Eastman Chemical Company, ExxonMobil (Exxtend) and BASF (ChemCycling). Direct peers are Plastic Energy, Brightmark Energy, Agilyx ASA and GreenMantra Technologies. Emerging players are PureCycle Technologies, Renewlogy and Mura Technology.
Does Braven have an API?
No public API is recorded for Braven.
What industry is Braven in?
Braven's product category is Advanced Plastic Recycling. Its primary akta.pro industry code is EUAAAKAF, Waste Pyrolysis (Plastics/tires/biomass-to-oil/char), with a secondary code of IMANAAAH, Recycled & Reprocessed Polymer Resin Manufacturing (rPET, rPP, rPE; PCR/PIR resins). Its NAICS code is 56292 and its SIC code is 4953.