New Hope Energy
Chemical ManufacturingTexas, United States11-50 Employees
New Hope Energy operates in the chemical manufacturing sector with a focus on chemical recycling. Its primary activity is converting waste plastic into renewable chemical feedstock, aiming to support circular economy objectives and offer a drop-in solution for customers to reduce their carbon footprint. The company’s initial plant in Tyler, Texas has been in operation since 2018, and an expansion is underway to create what is described as the largest pyrolysis facility in the world, signaling scale-up in its recycling approach. The business targets customers seeking sustainable feedstock and waste-to-resource solutions, including collaborations and commercial agreements that integrate advanced recycling into existing production processes. Based in Tyler, Texas, New Hope Energy positions itself as a player in the growing advanced recycling segment within the broader chemical industry, pursuing additional projects to broaden its footprint. }