Nexus Circular receives investment from Printpack

Flexible and specialty rigid packaging producer Printpack, headquartered in Atlanta, has invested in fellow Atlanta-based company Nexus Circular.

Nexus diverts and converts landfill-bound plastics into hydrocarbon feedstocks, which are used by its partners to produce virgin resins. Once the supply chain is fully implemented, Printpack will be able to produce sustainable packaging solutions from these recycled resins.

Printpack is working collaboratively with numerous major consumer packaged goods companies to develop and commercialize more sustainable packaging materials. Through its Nexus investment, Printpack says it recognizes the integral role advanced recycling will play in achieving this goal by enabling the use of more recycled content in plastic packaging while maintaining the same performance characteristics as packaging made from virgin materials.

Chairman and CEO of Printpack Jimmy Love says, “This is an important opportunity for Printpack to deliver on our commitment to sustainability in packaging and accelerate the commercialization of a truly circular process for plastics waste. Nexus Circular has developed and proven a technology capable of being scaled up, and we are committed to helping them do so. The investment in Nexus demonstrates Printpack’s ongoing commitment to ‘Preserving and Enhancing People’s Lives’ by accelerating the commercialization of a viable economic solution for advanced recycling.”

Eric Hartz, president and co-founder Nexus Circular, says, “The journey to convert used plastics into sustainable packaging—economically and at scale—requires committed partners in each step of the process from advanced recycling technology to the resin producer to the packaging converter. As an investor, Printpack provides a valuable service in this eco-system and demonstrates their commitment to addressing the complex challenges of reducing plastics in the environment.”

Nexus says its proprietary process can handle a broad array of hard-to-recycle films, converting them back into ISCC (International Sustainability and Carbon Certification) Plus certified, virgin materials.

The Printpack investment is the most recent investment Nexus has received. In late 2021, the company received “a meaningful investment” from Texas-based Six Pines Investments LLC, a subsidiary of Chevron Phillips Chemical Co. LLC. Earlier that year, broadcast media and automotive information services conglomerate Cox Enterprises, which also is based in Atlanta, invested in the company.