PORTSMOUTH, New Hampshire, USA, May 6, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to increase the recyclability of plastic from 10% to 90%, announced today the appointment of James Trevathan as vice president of feedstock sourcing and supply chain. Mr. Trevathan joined Cyclyx on May 4 and will help to build out the company’s supply chain and feedstock preprocessing infrastructure, while increasing productivity and driving greater reliability and quality from suppliers.
Mr. Trevathan brings a wealth of knowledge of logistics management and supply chain development. He joins Cyclyx from ExxonMobil Chemical where he most recently served as global sales and operations manager. Mr. Trevathan previously held positions in logistics management, supply management, planning and strategy.
“We are excited to welcome James, who brings over 16 years of experience working in large-scale and international logistics and operations at ExxonMobil, to the team. James’ expertise will be invaluable in helping us to build and refine our feedstock supply chain components which will bring us closer to our mission of increasing the recyclability of plastics,” stated Joe Vaillancourt, CEO of Cyclyx.
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recyclability of plastics from 10% to 90% 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, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership. For more information, visit us at www.cyclyx.com.
Contacts:
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com
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PORTSMOUTH, New Hampshire and PHILADELPHIA, Pennsylvania, April 20, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to increase the recyclability of plastic from 10% to 90%, and Braskem, (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, announce today that Braskem has joined Cyclyx as a member and has appointed Geoffrey Inch, Braskem’s Sustainability and Circular Economy Director, to the Cyclyx Executive Advisory Board.
As a member of the Cyclyx consortium, Braskem will have access to the Cyclyx platform which includes an integrated set of innovations including chemical characterization of plastics and predictive modelling of feedstock sources to product pathways, custom feedstock recipes, and customized supply chains. These innovations aim to deliver waste plastic feedstock appropriate for all existing and new mechanical and advanced recycling pathways.
“We are excited to welcome Braskem as a founding member of Cyclyx and to add Geoffrey Inch to our advisory board,” said Joe Vaillancourt, chief executive officer at Cyclyx. “Braskem’s extensive experience in the biopolymer industry along with their commitment to eliminating plastic waste within a carbon neutral circular economy makes them a valuable member of our consortium, and reinforces the commitment of our membership to drive post-use plastic recycling rates from 10% to 90%.”
“As the North American leader in polypropylene, Braskem is thrilled to be a founding member of Cyclyx,” says Geoffrey Inch, Sustainability and Circular Economy Director at Braskem. “Braskem has a long history in the use of sustainable feedstock and is committed to working collaboratively to increase the circularity of plastics. We believe Cyclyx addresses some of the key challenges that will allow advanced recycling to scale, which is an important step in the development of certified circular polypropylene for our clients.”
Braskem is strongly committed to a world where nothing is wasted and everything is transformed. Recently, Braskem announced its new commitment to a Carbon Neutral Circular Economy, with clearly stated targets for growing the company’s I’m green™ recycled products portfolio to sales of 300,000 tons by 2025 and 1 million tons by 2030. In 2020, Braskem became a founding member and funding partner of the Polypropylene Recycling Coalition, an initiative of The Recycling Partnership, to increase U.S. curbside recycling access for polypropylene and ensure PP is widely recovered and reused. Braskem is also a founding member of the Alliance to End Plastic Waste.
To learn more about Braskem’s commitment to a carbon neutral circular economy visit: https://www.braskem.com/usa/news-detail/braskem-affirms-commitment-to-circular-economy-and-to-achieve-carbon-neutrality-by-2050.
Agilyx
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com
Braskem
Stacy Torpey
Communications Director
+1 (215) 841 3194
Braskem on social media:
www.facebook.com/BraskemGlobal
www.linkedin.com/company/braskem
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recyclability of plastics from 10% to 90% 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, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership. For more information, visit us at www.cyclyx.com.
About Braskem
With a global vision of the future oriented towards people and sustainability, Braskem is committed to contributing to the value chain for strengthening the Circular Economy. The petrochemical company’s almost 8,000 team members dedicate themselves every day to improve people’s lives through sustainable chemicals and plastics solutions. Braskem has an innovative DNA and a comprehensive portfolio of plastic resins and chemical products for diverse segments, such as food packaging, construction, manufacturing, automotive, agribusiness, healthcare and hygiene, among others. With 41 industrial units in Brazil, the United States, Mexico and Germany, and net revenue of R$58.5 billion (US$11.4 billion), Braskem exports its products to clients in more than 100 countries.
Braskem America is an indirect wholly owned subsidiary of Braskem S.A. headquartered in Philadelphia. The company is the leading producer of polypropylene in the United States, with six production plants located in Texas, Pennsylvania and West Virginia, an Innovation and Technology Center in Pittsburgh, and operations in Boston focused on leveraging ground-breaking developments in biotechnology and advanced materials. For more information, visit www.braskem.com/usa.
Certification is a third-party review that provides traceability of recycling process
PORTSMOUTH, New Hampshire, USA, April 6, 2021 – Cyclyx International, LLC, a consortium-based feedstock management company with a mission to increase the recyclability of plastic from 10% to 90%, announced today it obtained certification through the International Sustainability and Carbon Certification Plus (ISCC PLUS) process for its post-use plastic management systems.
The ISCC PLUS certification provides Cyclyx customers assurance that the plastic feedstock acquired for their processes satisfies conditions of being post-use and are traceable and auditable. The distinction certifies Cyclyx as a circular pathway point of origin and allows Cyclyx customers to use mass balance accounting to attribute post-use plastics to the production of their certified circular plastics and other products.
Cyclyx is currently sourcing post-use plastic for advanced recycling facilities, including the Agilyx Corporation and AmSty joint-venture Regenyx’s facility in Tigard, Oregon and the ExxonMobil facility located in Baytown, Texas. The post-use plastic sourced for these facilities originates from over 500 sources and is already certified as ISCC PLUS compliant. In addition to the projects in the United States, Cyclyx has engaged with other international companies, and this certification allows for Cyclyx to source and qualify feedstocks anywhere in the world.
“We are excited and proud to have received the ISCC PLUS certification,” Joe Vaillancourt, chief executive officer of Cyclyx, stated. “We understand the great need to validate the claims of recycled content made by our customers for the products they produce. This certification is the result of significant hard work by the Cyclyx team and provides validation of our unique process for chemically characterizing end-of-life plastics and ability to target different recycling options for post-use plastics as we strive for an overall goal of increasing global plastic recycling from 10% to 90%.”
Contacts Agilyx
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recyclability of plastics from 10% to 90% 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, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership. For more information, visit us at www.cyclyx.com.
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New executive board members bring valuable experience to help drive company’s mission of increasing recycling of post-use plastic
PORTSMOUTH, New Hampshire, USA, March 29, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to increase the recyclability of plastic from 10% to 90%, today announced the addition of Steve Russell and Paul Turner to its Executive Advisory Board (EAB).
The EAB is a team of industry executives and thought leaders that are committed to help advance and scale Cyclyx’s innovative approach to significantly increase the recyclability of post use plastic. Russell and Turner bring decades of executive experience advising and managing organizations operating in the plastics value chain and advancing plastic sustainability and solutions to plastic waste.
“At Cyclyx, we have an ambitious mission to transform the way plastic waste can be used as a renewable resource. We are bringing chemistry expertise, new supply chain concepts and a consortium approach with a goal to greatly increase the amount of waste plastics that can be recycled. The extensive expertise and relationships that Steve and Paul bring to the EAB will be instrumental to help progress our current solutions to advance the circular economy for plastics,” stated Joe Vaillancourt, chief executive officer of Cyclyx.
Russell is the former vice president of the American Chemistry Council (ACC), who led the plastics division for more than a decade and was an early and leading voice for advancing plastic sustainability and solutions to plastic waste. While at ACC, he played a crucial role in helping to conceive and operationalize the Alliance to End Plastic Waste. Russell also oversaw the division’s sustainability programs, scientific research, and public outreach. He was instrumental in forming the World Plastic Council and the expansion of the Global Plastics Alliance.
“Meeting society’s goals for plastics circularity will require new business models and improved logistics to get recyclers the materials they need,” Russell said. “Cyclyx has developed a unique approach to deliver innovative supply chain solutions to dramatically accelerate recycling rates, and I’m excited to support the Cyclyx team by joining their Advisory Board.”
Turner is a former senior executive in the Chemical Industry, having worked with companies such as DuPont, LyondellBasell, Hoechst AG, Borealis and The Dow Chemical Company. He was chairman of the Polyolefins Group with Plastics Europe, the European Plastics Association. Turner was instrumental in forming the Polyolefins Circular Economy Platform (PCEP), a value chain approach to drive the circular economy for polyolefins in collaboration with converters, brand owners, recyclers and waste management companies.
“I am very excited about the opportunity to work closely with the Cyclyx team to help accelerate the circular economy and reduce plastic waste,” Turner said. “I believe Cyclyx’s strong value proposition together with its collaborative approach will reshape the industry supply chains for plastic waste feedstock to enable growth for its business as well as its value chain partners.”
Contacts:
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recyclability of plastics from 10% to 90% 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, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership . For more information, visit us at www.cyclyx.com.
Recovering the value of plastic waste by transforming it into premium feedstock for sustainable solutions
Cyclyx recovers the value of post-use plastics through holistic sourcing and custom-formulated feedstock processing for mechanical and advanced recycling technologies.
From collection to new, virgin-equivalent material
All-plastic waste collection channels
Cyclyx’s collection channels and partnerships can capture a wide range of plastics, including those that are typically excluded from curbside recycling
Waste to tailored feedstock
Using an extensive chemical characterization database of post-use plastics, waste plastic is sorted and processed to deliver ISCC-PLUS-certified, custom-formulated feedstock that meets customers’ unique specifications
Feedstock to product
Feedstock is converted into valuable, virgin-equivalent, lower-carbon material that can be used in the production of new plastics and products
353 million tons of plastic waste generated yearly, less than 10% is recycled*
One of the biggest barriers to plastic recycling is lack of feedstock from plastic waste.
The lack of high-quality feedstock is a major industry bottleneck that curtails the potential of increased advanced recycling capacity
Supply of plastic feedstock lags existing pyrolysis capacity by an estimated 60%*. Innovative post-use plastic sourcing, sorting, and characterization are needed to meet feedstock demand.
The industry struggles with the management and infrastructure necessary to deliver the right type of feedstock to those who can recycle it best.
From this challenge, Cyclyx was born and now stands as the premier supplier of custom-formulated feedstock derived from plastic waste.
Chart: Wood Mackenzie
Projected demand for recycled material is increasing, creating a significant opportunity for Cyclyx Circularity Centers to provide plastic waste feedstock
Near term, feedstock demand and investment in innovative recycling solutions are forecasted to grow at record pace.
By 2030, an estimated 67 MM tons p.a. of incremental processing capacity will be required to supply sufficient feedstock to the recycling industry. Meeting this demand underscores the need for hundreds of plastic processing facilities across the U.S. and globally.
What is a
Cyclyx Circularity Center?
Cyclyx Circularity Centers are first-of-their-kind facilities uniquely capable of accepting a wide range of plastic waste for sorting, processing, and formulating into custom feedstocks for mechanical and advanced recycling processes.
Learn more about Cyclyx
ExploreAppointment 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
Glossary
A primer to the recycling industry and the Agilyx ecosystem
Glossary
Advanced recycling
Advanced recycling – also known as chemical, molecular or feedstock recycling – refers to the sophisticated technologies used to convert post-use plastics (polymers) back to their original chemical building blocks (monomers) for continued reuse. As the only recycling process that makes plastic a circular resource, advanced recycling is critical to solving the problem of plastic waste and enabling the world’s transition to a low-carbon economy.
Circular economy
The circular economy describes a more sustainable economic system that is based on the “reduce-reuse-recycle” principle. Unlike the “take-make-waste” linear economy, circularity is considered essential to addressing climate change, better managing the world’s resources and achieving the UN Sustainable Development Goals.
EPR
EPR stands for Extended Producer Responsibility and is an environmental policy approach where a producer is responsible for the entire life cycle of its product, from creation to disposal, in order to meet legal obligations. Under EPR, producers are responsible for designing products with materials that have the lowest possible environmental impact and are optimized for recycling. The producer is also responsible for the post-use collection and treatment of its products with a focus on recycling
ESG
This abbreviation stands for the range of environmental, social and governance criteria used to evaluate the sustainability performance of a company or business and determine its level of financial risk. ESG factors play an increasingly important role for investors in both the public and private markets.
Feedstock
A feedstock is a single and uniform raw material that is used to drive an industrial process or act as fuel. Post-use plastic feedstocks can be used to create virgin-equivalent plastic, as well as plastic intermediates or other valued low-carbon products.
ISCC PLUS Certification
This independent and internationally recognized certification system, used to verify the allocation of recycled content in a manufacturer’s product, was developed by the International Sustainability & Carbon Certification. ISCC PLUS certification ensures a company’s compliance with sustainability and traceability requirements along the supply chain.
Mass balance
In short, mass balance is used to calculate and confirm the recycled content in a given product. It enables the tracking of recycled material throughout the industrial process, allowing the manufacturer or brand owner to claim how much of the final product can be attributed to recycled content. Third-party certification by recognized institutions, such as the ISCC, is critical in determining the accuracy of mass balance claims.
Mechanical recycling
According to Plastics Europe, mechanical recycling refers to the processing of plastics waste into secondary raw material or products without significantly changing the chemical structure of the material. Because the plastic is downgraded into lower-quality plastic with each cycle, it eventually winds up in landfills or the environment, and is therefore not circular.
Pathway
The pathway is the general term used to describe a more sustainable use of post-use plastic, rather than disposal in landfills or the environment. Agilyx has created commercial plastic-to-plastic pathways for polystyrene, with others underway.
Plastic-to-plastic recycling
This process involves using advanced recycling technology to break post-use plastic down into its original chemical components, which are fed back into the manufacturing process to create new, equally recyclable plastics. At a commercial scale, plastic-to-plastic recycling is the only way to turn plastic into a circular resource and exponentially increase global recycling rates.
Plastic intermediate
Plastic or chemical intermediates refer to base products that require additional steps prior to use in the production of new plastics. They do not include the direct monomers needed to produce new polymers.
Post-use plastics
Post-use plastics – also called post-consumer or waste plastics – are the used plastic products that are collected as part of waste management systems. They are either recycled or disposed of, winding up in landfills or the environment.
Pyrolysis
Pyrolysis describes the process of using heat to decompose materials and change their chemical composition. Agilyx uses an IP-protected pyrolysis technology which, in the absence of oxygen, breaks down the polymer chains without combustion (and its associated by-products).
Styrene monomer
A raw material used to create numerous plastic products and synthetic rubber. Agilyx uses an IP-protected pyrolysis technology to break down the polymer chains of multiple types of post-consumer plastics back into its original styrene building block enabling the recycling into new products again and again.
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