ICIS is thrilled to announce Jodie Morgan, the CEO of Nexus Round, because the recipient of the esteemed 2023 ICIS Rising Chief Award.
This prestigious award stands as a testomony to a frontrunner who has demonstrated distinctive prowess inside their group, propelling a tradition of excellence. This particular person showcases strong management abilities and has made substantial contributions to the chemical sector at an early stage of their profession.
“I’m delighted to state that we’re on the forefront of the superior recycling trade, making a optimistic and tangible influence in addressing the urgent challenges related to used plastics in our surroundings,” remarked Jodie Morgan, the achieved CEO of Nexus Round.
She additional elaborated, “With the unwavering assist of our devoted buyers and strategic companions, we’re dynamically executing the subsequent section of progress, geared in direction of expediting the round economic system for plastics. Our focus stays steadfast on satisfying the substantial market demand for merchandise that incorporate recycled plastic.”
Since assuming the function of CEO at Nexus Round in November 2021, Morgan has spearheaded a powerful fairness elevate, amassing over $150 million. Moreover, she has masterminded the institution of tolerating contracts that offer pyrolysis oil feedstock to main polymer producers, ensuing within the creation of round virgin-quality plastics. These sustainable practices offset the reliance on fossil-based sources. Moreover, Morgan has efficiently orchestrated the growth of producing capabilities at two key websites.
Joseph Chang, the esteemed international editor of ICIS Chemical Enterprise, lauds Nexus Round’s pivotal function inside the recycling ecosystem. He notes, “Nexus is a important participant within the realm of recycling, boasting expertise able to processing even essentially the most difficult plastic waste, together with movies. The scaling up of their operational capability is poised to yield a substantive influence, pivotal in advancing circularity.”
In recognition of her exceptional achievements, Jodie Morgan can be formally honored with the ICIS Rising Chief Award later this 12 months. Moreover, she’s going to partake in a complete video interview with ICIS, a becoming follow-up to the ICIS Recycled Polymers Convention, scheduled to transpire in Chicago, Illinois, US from the seventh to the eighth of November.
Headquartered in Atlanta, Georgia, Nexus Round is famend for its utilization of proprietary pyrolysis expertise and an energy-efficient course of. This innovation converts plastics, notably movies and versatile packaging, that may in any other case discover their method into landfills. The result’s a superior ISCC PLUS-certified pyrolysis oil, which seamlessly integrates into current petrochemical infrastructure, obviating the necessity for subsequent remedy or additional refinement.
The superior recycling methodology pioneered by Nexus Round proficiently harnesses a spread of waste plastics, together with high-density polyethylene (HDPE), low-density PE (LDPE), polypropylene (PP), and polystyrene (PS). Notably, these plastics collectively represent roughly 60% of all plastic sorts produced.
Affirming the corporate’s influential stature, Nexus Round has secured multi-year offtake agreements with trade giants equivalent to Shell, Chevron Phillips Chemical, Braskem, and LyondellBasell.
