麻豆传媒

Skip to main content

Nexus and Shell sign strategic supply agreement to scale up commercial production of chemicals from plastic waste

Nexus Fuels LLC (Nexus) and Shell today announce a supply agreement, for 60,000 tonnes over four years, of pyrolysis liquid made from plastic waste, which is then converted into chemical products. Nexus, a leader in plastic waste molecular recycling, will supply fully circular, ISCC Plus-certified product from its plant in Atlanta.

This enhanced collaboration follows a year of continuous, high-quality supply to Shell鈥檚 chemical plant in Norco, Louisiana, USA, where it has been used in the liquid cracker to make chemicals that are the raw materials for everyday items. The new agreement builds on that success and on a common desire to find solutions to plastic waste pollution and progressing a low-carbon future. It is a next step towards Shell鈥檚 ambitionto use one million tonnes of plastic waste a year in its global chemical plants by 2025.

Jeff Gold, Nexus Chief Executive Officer, said鈥淲e appreciate Shell鈥檚 support of Nexus to convert waste plastics to virgin-molecule feedstocks and back into chemical products. Their teams have been great partners and share our philosophy and vision for improving our environment.鈥

Thomas Casparie, Executive Vice President of Shell鈥檚 global chemicals business, said 鈥淩eal-world, in-plant testing and application is key to proving technologies and scaling up production of chemicals from plastic waste. This new supply agreement with Nexus is built on that solid foundation and is a positive step towards providing our customers with bigger volumes of sustainable, circular chemicals.鈥

Nexus

Nexus media contact:

jjordan@nexusfuels.com
+1 404 693 8389

Shell Chemicals media contact:

James.Forth@shell.com
+44 207 546 7067

About Nexus

Nexus, based in Atlanta, GA, is an end-to-end plastics recycling business 鈥 an operational, commercially scaled, continuous system. TheNexus Fuels plant in Atlanta is the first multi-polymer pyrolysis operation in the US to receive ISCC Plus certification. Nexus has developed a very efficient system built at low capital cost and without a need for catalysts or post-processing, yielding clean, ISCC Plus on-specification outputs. Nexus is passionate about the environment. Nexus鈥 process is environmentally friendly, designed end-to-end including software, front-end feedstock processing, comprehensive regulatory approvals, in-depth training programs, and strategic pricing/positioning guided by financially driven metrics. Nexus鈥 operating philosophy is founded on the principle for any recycling solution to succeed it must be sustainable, technically proven at scale, and operate as a robust business without incentives/grants, without causing harm to the environment.

About Shell Chemicals

Shell鈥檚 global chemicals business supplies customers with a range of base, intermediate and performance chemicals used to make products that people use every day. These finished products contribute to society鈥檚 ability to live, work, care and respond to climate change. As global demand for chemicals increases, we plan to grow our business, by understanding and providing for our customers鈥 needs. Our business is versatile and resilient. We have strong market positions, integrated world-scale assets, leading technologies and a commitment to a sustainable future. References to the expressions 鈥淪hell鈥, 鈥淪hell鈥檚 chemicals business鈥 or 鈥淪hell鈥檚 chemical plants鈥 refer to multiple companies that are part of the Shell Group that are engaged in chemical or related businesses. For more information, please visit www.shell.com/chemicals.

To download a supporting graphic please click here.

More information can be found in the video and animation.

Plastic Waste to Chemicals

Plastic Waste to Chemicals

Cautionary Note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this release 鈥淪hell鈥, 鈥淪hell Group鈥 and 鈥淩oyal Dutch Shell鈥 are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words 鈥渨e鈥, 鈥渦s鈥 and 鈥渙ur鈥 are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. 鈥樷楽ubsidiaries鈥欌, 鈥淪hell subsidiaries鈥 and 鈥淪hell companies鈥 as used in this release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as 鈥渏oint ventures鈥 and 鈥渏oint operations鈥, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as 鈥渁ssociates鈥. The term 鈥淪hell interest鈥 is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

This release contains data and analysis from Shell鈥檚 Sky scenario. Unlike Shell鈥檚 previously published Mountains and Oceans exploratory scenarios, the Sky scenario is based on the assumption that society reaches the Paris Agreement鈥檚 goal of holding the rise in global average temperatures this century to well below two degrees Celsius (2掳C) above pre-industrial levels. Unlike Shell鈥檚 Mountains and Oceans scenarios, which unfolded in an open-ended way based upon plausible assumptions and quantifications, the Sky scenario was specifically designed to reach the Paris Agreement鈥檚 goal in a technically possible manner. These scenarios are a part of an ongoing process used in Shell for over 40 years to challenge executives鈥 perspectives on the future business environment. They are designed to stretch management to consider even events that may only be remotely possible. Scenarios, therefore, are not intended to be predictions of likely future events or outcomes.

Additionally, it is important to note that as of July 7, 2020, Shell鈥檚 operating plans and budgets do not reflect Shell鈥檚 Net-Zero Emissions ambition. Shell鈥檚 aim is that, in the future, its operating plans and budgets will change to reflect this movement towards its new Net-Zero Emissions ambition. However, these plans and budgets need to be in step with the movement towards a Net-Zero Emissions economy within society and among Shell鈥檚 customers.

This release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management鈥檚 current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management鈥檚 expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as 鈥渁im鈥, 鈥渁mbition鈥, 鈥樷榓nticipate鈥欌, 鈥樷榖elieve鈥欌, 鈥樷榗ould鈥欌, 鈥樷榚stimate鈥欌, 鈥樷榚xpect鈥欌, 鈥樷榞oals鈥欌, 鈥樷榠ntend鈥欌, 鈥樷榤ay鈥欌, 鈥樷榦bjectives鈥欌, 鈥樷榦utlook鈥欌, 鈥樷榩lan鈥欌, 鈥樷榩robably鈥欌, 鈥樷榩roject鈥欌, 鈥樷榬isks鈥欌, 鈥渟chedule鈥, 鈥樷榮eek鈥欌, 鈥樷榮hould鈥欌, 鈥樷榯arget鈥欌, 鈥樷榳ill鈥欌 and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this release including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell鈥檚 products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell鈥檚 Form 20-F for the year ended December 31, 2019 (available at www.shell.com/investor and ). These risk factors also expressly qualify all forward-looking statements contained in release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this release, 19 November 2020. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this release.

We may have used certain terms, such as resources, in this release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website .

More in Shell chemicals