Ascend buys majority stake in recycler Circular Polymers
Deal underscores Ascend’s commitment to low-carbon polyamides and engineered materials. Ascend Performance Materials has purchased a majority stake in California-based Circular Polymers, a recycler of post-consumer, high-performance polymers including polyamide 6 and 66, polypropylene and polyester (PET). The deal provides Ascend with a consistent supply of high-quality PCR materials for its ReDefyne™ sustainable polyamides, launched at…