Appointment underlines commitment to transform the plastic recycling supply chain

PORTSMOUTH, New Hampshire, USA, March 19, 2021 – Cyclyx International, a feedstock management company co-founded by Agilyx Corporation and ExxonMobil, announced today the appointment of Kevin Paine as Vice President of Finance – Business Partner. Mr. Paine joined Cyclyx on March 1 and will support the growth of the organization through strategic and business development efforts.

In his new role, Mr. Paine will bring his in-depth knowledge of the waste management sector to develop strategic growth and business development opportunities. Mr. Paine will also work to increase membership of the consortium-based organization from the whole spectrum of stakeholders in the plastic recycling industry. He will collaborate with partners to develop recycling solutions for all types of plastic waste.

“We are excited to welcome Kevin, who brings nearly 30 years of experience in waste management, to the team. Kevin’s expertise will be integral to advancing the growth of the organisation whose ultimate aim is to increase the recyclability of plastics,” stated Joe Vaillancourt, Cyclyx CEO.

Mr. Paine brings a multifaceted knowledge of the waste management sector. Mr. Paine joins Cyclyx from Waste Management (WM) where he most recently served as Director of Operations Analysis for WM’s organics recycling business. Mr. Paine previously held management roles focused on both consumer-facing and waste-to-value businesses, including plastics-to-oil and municipal waste-to-fuel conversion technologies.

About Cyclyx International, LLC.

Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop recycling solutions for all types of post-use plastics. The company’s mission is to increase the recyclability of plastics by using Cyclyx’s expertise in understanding the chemical composition of waste plastic in collaboration with industry partners to create a new, innovative supply chain. Cyclyx was founded by Agilyx Corporation (“Agilyx”), a leader in advanced chemical recycling, and joined by ExxonMobil Chemical Company, one of the largest chemical companies in the world, to help address the complexities of recycling post-use plastics. For more information, visit us at www.cyclyx.com.

Contacts:

Kate Ringier
VP, Communications & Government Affairs +41 78 822 7770
kate.ringier@agilyx.com