AdvanSix Introduces New 100% Post-Consumer Recycled Content Nylon
Post-consumer and post-industrial recycled content options provide sustainable alternatives for customers
PARSIPPANY, NJ (JUNE 7, 2023) — AdvanSix (NYSE: ASIX), a diversified chemistry company, today announced a new nylon offering with 100 percent post-consumer recycled content, providing a circular solution to help customers meet sustainability goals and create a variety of products, from home office furniture and durable packaging to fast, fuel-efficient cars. AdvanSix will premiere this latest nylon solution at the upcoming Global Pouch Forum in Rosemont, Illinois from June 6-8.
AdvanSix post-industrial (PIR) and post-consumer recycled (PCR) grades Aegis® Resins and post-industrial Capran® BOPA Films use 100 percent recycled content to produce nylon 6 products that are every bit as processable, formable, and durable as virgin nylon. They offer the same excellent physical and mechanical properties as conventional nylon products.
“There is a growing demand among plastic and film manufacturers for a reliable, cost-effective supply of 100% recycled materials,” said Kori Anderson, Vice President and GM, Nylon Solutions at AdvanSix. “We are pleased to bring products to the market with the potential to help customers reduce carbon footprint, lessen the impact on landfills, and provide a drop-in solution to support a wide variety of end markets and applications that touch people’s lives in a more sustainable way.”
As one of the top five fully integrated manufacturers of Nylon 6 globally and one of the largest single-site global producers of caprolactam, AdvanSix offers industry-leading quality, consistency and reliability of supply. Designed to meet customer needs with ease, PIR/PCR usage does not require any change in product processability, avoiding tradeoffs with alternative recycled sources and improving carbon footprint without costly re-qualifications or sacrificing performance.
Certified by an independent third-party organization for recycled content using a mass balance and allocation approach, AdvanSix’s PCR and PIR is confirmed recycled content that meets food contact materials regulations.
AdvanSix will be presenting its 100 percent recycled content nylon at Booth 5 at the Global Pouch Forum June 6-8. Event attendees will have the opportunity to learn more about the product from AdvanSix representatives as well as see it in action. AdvanSix experts will also be participating in a panel discussion, the Future of Recycling for Flexible Packaging on June 7 at 2:30 p.m.
For more information, visit https://www.advansix.com/recyclednylon/.
AdvanSix is a diversified chemistry company that produces essential materials for our customers in a wide variety of end markets and applications that touch people’s lives. Our integrated value chain of five U.S.-based manufacturing facilities plays a critical role in global supply chains and enables us to innovate and deliver essential products for our customers across building and construction, fertilizers, agrochemicals, plastics, solvents, packaging, paints, coatings, adhesives, electronics and other end markets. Guided by our core values of Safety, Integrity, Accountability and Respect, AdvanSix strives to deliver best-in-class customer experiences and differentiated products in the industries of nylon solutions, chemical intermediates and plant nutrients. More information on AdvanSix can be found at https://www.advansix.com.
Forward Looking Statements
This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, that address activities, events or developments that our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements may be identified by words such as “expect,” “anticipate,” “estimate,” “outlook,” “project,” “strategy,” “intend,” “plan,” “target,” “goal,” “may,” “will,” “should” and “believe” and other variations or similar terminology and expressions. Although we believe forward-looking statements are based upon reasonable assumptions, such statements involve known and unknown risks, uncertainties and other factors, many of which are beyond our control and difficult to predict, which may cause the actual results or performance of the Company to be materially different from any future results or performance expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: general economic and financial conditions in the U.S. and globally, including the impact of the coronavirus (COVID-19) pandemic and any resurgences; the potential effects of inflationary pressures, labor market shortages and supply chain issues; instability or volatility in financial markets or other unfavorable economic or business conditions caused by geopolitical concerns, including as a result of the conflict between Russia and Ukraine; the effect on our customers’ demand for our products and our suppliers’ ability to manufacture and deliver our raw materials, including implications of reduced refinery utilization in the U.S.; our ability to sell and provide our goods and services; the ability of our customers to pay for our products; any closures of our and our customers’ offices and facilities; risks associated with increased phishing, compromised business emails and other cybersecurity attacks and disruptions to our technology infrastructure; risks associated with employees working remotely or operating with a reduced workforce; risks associated with our indebtedness including compliance with financial and restrictive covenants, and our ability to access capital on reasonable terms, at a reasonable cost, or at all, due to economic conditions or otherwise; the impact of scheduled turnarounds and significant unplanned downtime and interruptions of production or logistics operations as a result of mechanical issues or other unanticipated events such as fires, severe weather conditions, natural disasters, pandemics and geopolitical conflicts and related events; price fluctuations, cost increases and supply of raw materials; our operations and growth projects requiring substantial capital; growth rates and cyclicality of the industries we serve including global changes in supply and demand; failure to develop and commercialize new products or technologies; loss of significant customer relationships; adverse trade and tax policies; extensive environmental, health and safety laws that apply to our operations; hazards associated with chemical manufacturing, storage and transportation; litigation associated with chemical manufacturing and our business operations generally; inability to acquire and integrate businesses, assets, products or technologies; protection of our intellectual property and proprietary information; prolonged work stoppages as a result of labor difficulties or otherwise; cybersecurity, data privacy incidents and disruptions to our technology infrastructure; failure to maintain effective internal controls; our ability to declare and pay quarterly cash dividends and the amounts and timing of any future dividends; our ability to repurchase our common stock and the amount and timing of any future repurchases; disruptions in supply chain, transportation and logistics; potential for uncertainty regarding qualification for tax treatment of our spin-off; fluctuations in our stock price; and changes in laws or regulations applicable to our business. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our filings with the Securities and Exchange Commission (SEC), including the risk factors in Part 1, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2022, as updated in subsequent reports filed with the SEC.
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