PORTSMOUTH, New Hampshire, USA, June 01, 2022 – Cyclyx International, a consortium-based post-use plastic innovation company with a mission to increase the recyclability of plastic from 10% to 90%, has announced the appointment of James Trevathan to the position of Chief Operating Officer, effective immediately. As Cyclyx’s first COO, Mr. Trevathan will lead and scale the company’s growth and business operations.
Mr. Trevathan previously held the position of vice president of feedstock sourcing and supply chain, helping Cyclyx to build out its supply chain and feedstock preprocessing infrastructure while increasing productivity and driving greater reliability and quality from suppliers. Prior to Cyclyx, Mr. Trevathan held positions at ExxonMobil Chemical where he most recently served as global sales and operations manager. Joe Ledbetter, previously vice president of operations for Cyclyx, will take over the role of vice president of feedstock sourcing.
“James has been a valuable asset to the Cyclyx team since he joined us a year ago,” stated Joe Vaillancourt. “With his extensive experience in large-scale and international logistics and operations, James has done a great job in building out and refining the components of our feedstock supply chain. We’re very excited to lean on James’ experience in new ways as he helps us to scale our growth in his new role as COO.”
Mr. Trevathan will be based in Houston, Texas and will continue to report to Joe Vaillancourt, CEO of Cyclyx.
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic innovation 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 post-use 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.
PORTSMOUTH, New Hampshire, USA, May 12, 2022 – Cyclyx International, a consortium-based post-use plastic innovation company with a mission to help increase the recyclability of plastic from 10% to 90%, announced that Advanced Drainage Systems, Inc. (ADS) (NYSE:WMS) has joined the group.
ADS is a leading manufacturer of plastic stormwater management products, including drainage pipe which can be made with recycled content. Its products are used in the stormwater, sanitary sewer and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture industries. As a consortium member, ADS will gain access to Cyclyx’s unique programs that increase the diversion of post-use plastics. This will enable ADS to increase recycled content in its products from 500 million to one billion pounds annually by 2032.
“Joining Cyclyx supports the sustainability goals recently published in the 2021 Sustainability Report,” stated Scott Barbour, ADS president and CEO, “and will help ADS to expedite our goal of keeping one billion pounds of plastic from landfills and the waste stream. Being part of Cyclyx aligns with our 10-year sustainability goals that highlight our continued commitment to using recycled plastic, reducing the impact of our energy footprint and safeguarding the environment, while helping to manage the world’s most precious resource, water,” Barbour explained.
“We’re excited to welcome ADS to Cyclyx,” stated Joe Vaillancourt, CEO of Cyclyx. “Their ambitious goals for using recycled content in their products and their focus on sustainability align well with everything that Cyclyx is trying to achieve with our mission to help increase the recyclability of plastic from 10% to 90%.”
Media Contact
Melanie Burger
Director, Corporate Communications
mburger@cyclyx.com
Tori Durliat
Director of Marketing – Advanced Drainage Systems, Inc.
tori.durliat@asdpipe.com
419-424-8275
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock supply chain innovator working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to help increase the recyclability of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of post-use 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 Advanced Drainage Systems, Inc.
Advanced Drainage Systems is a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplace. For more than 50 years, the Company has been manufacturing a variety of innovative and environmentally friendly alternatives to traditional materials. Its innovative products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. The Company has established a leading position in many of these end markets by leveraging its national sales and distribution platform, overall product breadth and scale and manufacturing excellence. Founded in 1966, the Company operates a global network of 63 manufacturing plants and 32 distribution centers. To learn more about ADS, please visit the Company’s website at www.adspipe.com.
PORTSMOUTH, New Hampshire, USA, May 10, 2022 – Cyclyx International, a consortium-based post-use plastic innovation company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced that Velcro Companies has joined Cyclyx as the newest member of the consortium.
As the inventor of the original and iconic hook and loop fastener, Velcro Companies is a global leader in the creation and manufacture of innovative fastening solutions known for strength, reliability, durability and versatility. It is committed to sustainable product development and brings ORIGINAL THINKING™ to help solve the real-world challenges that people face every day.
Velcro Companies continues to optimize its sustainable manufacturing processes to reduce the use of natural resources and is in the midst of a transformational journey to use more recycled content and create more sustainable products for its customers.
“As we focus on meeting the current needs of our customers while preserving the planet for future generations, we pledge to incorporate sustainability into everything we do,” said Chitra Ebenezer, Chief Marketing Officer, Velcro Companies. “Joining the Cyclyx consortium strengthens our ability to determine our baseline global plastic material profile and enables more opportunities to participate in customized post-use plastic take-back programs that help supplement our in-house sustainability efforts.”
“We’re excited to welcome Velcro Companies to Cyclyx,” stated Joe Vaillancourt, CEO of Cyclyx. “Their commitment to sustainable manufacturing and diverting solid waste from landfills is in line with everything that Cyclyx is working to achieve. Their membership will be a great addition to our mission to help increase the recycling rate of plastic from 10% to 90%.”
Contacts
Melanie Burger
Director, Corporate Communications
mburger@cyclyx.com
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock supply chain innovator working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recycling rate of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of post-use 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 Velcro Companies
Velcro Companies is a technology-driven, global organization providing fastening solutions that solve problems in simple, elegant, and surprising ways for businesses and consumers around the world. With more than 60 years of experience, Velcro Companies are proud of their heritage in innovation. Velcro Companies owns over 400 active patents and numerous trademarks, including the VELCRO® Brand mark, which is registered throughout the world. Velcro Companies offer global resources for world-class solutions, with manufacturing locations in Spain, the United States, Canada, Mexico, Belgium, Uruguay, and China and sales offices around the world. To find out more about our company, visit www.velcro.com.
Cyclyx International, a consortium-based supply chain innovation company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced Sealed Air (NYSE: SEE), has joined the consortium. Dr. Ron Cotterman, vice president of sustainability innovation and strategy at SEE will be joining the group’s executive advisory board (EAB).
SEE is a leading global provider of packaging solutions that protect essential goods transported worldwide, protect food, and enable supply chains to continue operations with increased resiliency. A critical challenge facing the packaging industry is demonstrating the circularity of materials that are complex and difficult to recycle. SEE is investing in circularity including advanced recycling technologies to collect, sort, and recycle packaging materials. It is also advocating for the infrastructure to enable these technologies.
SEE has pledged to advance or design 100% of its solutions to be recyclable or reusable by 2025 and have those solutions contain on average 50% recycled or renewable content. Details about how SEE is developing and adopting new solutions to ensure a circular economy for plastics are included in its Global Impact Report.
SEE will leverage Cyclyx’ customized takeback programs to increase material recovery and other innovations, allowing for higher amounts of recycled content in its products in the future.
“By joining the Cyclyx consortium, we are building on our goals to innovate solutions and create a better circular economy for the essential plastics our society relies on every day,” said Cotterman. “We know this cannot be accomplished alone, and are proud to join this consortium that brings together key stakeholders to collaborate for better circular economy solutions.”
“We are excited to welcome SEE to the Cyclyx consortium and Dr. Cotterman to the EAB,” stated Joe Vaillancourt, CEO of Cyclyx. “SEE’s commitment to advancing a circular economy for plastic and dedication to helping its customers to lower their carbon footprints are in line with the mission of everything that Cyclyx is trying to do. Their membership will be a great addition in our effort to help drive the recycling rate of plastic from 10% to 90%.”
Contacts
Melanie Burger
Cyclyx, Director of Corporate Communications
mburger@cyclyx.com
Christina Griffin
SEE Media Relations
+1 704 430 5742
christina.griffin@sealedair.com
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock supply chain innovator working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recycling rate of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of post-use 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 Sealed Air
Sealed Air (NYSE: SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we find it. Our automated packaging solutions systems help promote a safer, more resilient and less wasteful global food supply chain, enable e-commerce, and protect goods transported worldwide.
Our globally recognized brands include CRYOVAC® brand food packaging, SEALED AIR® brand protective packaging, AUTOBAG® brand automated systems, BUBBLE WRAP® brand packaging, and SEE™Touchless Automation™ solutions.
SEE’s Operating Model, together with our industry-leading expertise in materials, engineering and technology, create value through more sustainable, automated, and digitally connected packaging solutions.
We are leading the packaging industry in creating a more environmentally, socially, and economically sustainable future and have pledged to design or advance 100% of our packaging materials to be recyclable or reusable by 2025, with a bolder goal to reach net-zero carbon emissions in our global operations by 2040. Our Global Impact Report highlights how we are shaping the future of the packaging industry. We are also committed to a diverse workforce and inclusive culture through our 2025 Diversity, Equity and Inclusion pledge.
SEE generated $5.5 billion in sales in 2021 and has approximately 16,500 employees who serve customers in 114 countries/territories. To learn more, visit sealedair.com.
Cyclyx International, a consortium-based supply chain innovation company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced that NOVA Chemicals has joined as the newest member of the consortium.
NOVA Chemicals develops and manufactures chemicals and plastic resins that make everyday life healthier and safer. With a focus on sustainability, NOVA Chemicals works toward polyethylene solutions that enable a more circular economy for plastics. Through its membership in Cyclyx, NOVA Chemicals will continue its work to utilize more post-use plastics in its feedstock supply chain.
“NOVA Chemicals has a bold ambition to create a plastics circular economy and work collaboratively toward a low carbon, zero plastic waste future. Joining the Cyclyx consortium provides us with greater supply reliability, accelerating our ability to meet the demands of consumers for high-quality products made with post-consumer resin,” stated Greg DeKunder, VP Polyethylene Marketing and Circular Economy.
“We’re excited to welcome NOVA Chemicals to the Cyclyx consortium,” stated Joe Vaillancourt, CEO for Cyclyx. “Their dedication to keeping plastics out of our natural environment and redesigning plastic products for optimal recycling or recovery is in line with everything that Cyclyx is working to achieve. Their membership will be a great addition to our mission to help increase the recycling rate of plastic from 10% to 90%.”
Contacts
Melanie Burger
Cyclyx
Director of Corporate Communications
mburger@cyclyx.com
Andie Stiles
NOVA Chemicals
Marketing Communications and Trade PR
Andie.Stiles@novachem.com
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock supply chain innovator working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recycling rate of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of post-use 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 NOVA Chemicals Corporation
NOVA Chemicals develops and manufactures chemicals and plastic resins that make everyday life healthier, easier and safer. Our employees work to ensure health, safety, security and environmental stewardship through our commitment to Sustainability and Responsible Care®. NOVA Chemicals, headquartered in Calgary, Alberta, Canada, is wholly owned ultimately by Mubadala Investment Company of the Emirate of Abu Dhabi, United Arab Emirates.
Visit NOVA Chemicals on the Internet at www.novachem.com.
In 2009, Mr. Bhatia led Saffron Hill’s investment into Agilyx’s first institutional investment round and has been an active shareholder since that time and a Board member until his appointment as CEO. While managing Saffron Hill Ventures, he has led its investment activity in a wide variety of companies ranging from bio-pesticides and sustainable textiles to internet e-commerce, and software. He currently serves on the Board of Coyuchi Inc., a California-based leader in the sustainable textiles segment, he is a director of Saffron Hill Ventures Ltd. and is on the Board of Cyclyx International LLC, Agilyx’s plastic waste recycling feedstock management joint venture.
Prior to co-founding Saffron Hill Ventures, Mr. Bhatia worked as Advisor to the Chairman of Loot Ltd. on e-commerce strategy and investment, and in a venture capital capacity for Lord Jacob Rothschild, evaluating technology venture opportunities. Mr. Bhatia has had a long-term interest in environmental technology and policy. After interning in the Clinton administration’s White House Office on Environmental Policy, he worked in the environment and energy consulting groups at Booz-Allen & Hamilton, and Dyncorp.
Mr. Bhatia earned an MBA from UCLA’s Anderson School of Business, an MA in International Relations and Economics from the Johns Hopkins University School of Advanced International Studies (SAIS), and a BA in Environmental Science from Occidental College.
Mr. Laroche joined Agilyx in December 2023 to lead Agilyx’s Corporate Development activities. As Chief Financial Officer and Head of Corporate Development since July 2024, he leads the company’s financial strategy and oversees its corporate growth initiatives. His focus includes advancing the feedstock management business in collaboration with Cyclyx strategic partners and engaging with capital markets to secure sustainable growth.
Mr. Laroche is a seasoned finance leader with a proven track record in investment management, strategic planning, capital raising, and mergers and acquisitions. Before joining Agilyx, he served as CFO of a sustainable building materials startup, where he successfully guided the company through multiple funding rounds. With over a decade of experience at BNP Paribas’s Principal Investment Group in New York, he deployed over $250 million in direct private equity and venture capital transactions across energy, infrastructure, and climate technology.
Mr. Laroche is passionate about sustainable and circular solutions, dedicating his career to advancing projects that promote environmental stewardship and resource efficiency. His expertise in these areas is instrumental in driving Agilyx’s mission to revolutionize recycling and turning waste into value. He holds an MBA from ESSEC Business School.
Cyclyx International, a consortium-based waste plastic innovation company, together with its members, is introducing its mission brand, 10 to 90®, and associated 10 to 90 Challenge. The 10 to 90 Challenge is a series of new takeback and engagement programs designed to divert more low-quality waste plastics away from landfill and into the Cyclyx system, where those waste plastics can be recycled with the ultimate goal to increase recycling rates of plastics from 10% to 90%.
Cyclyx, in collaboration with its members, plans to bring to market a series of innovations that enable more recycling options for low quality waste plastics that currently do not get recycled. Internationally, only 10% of all plastics produced annually are recycled with the rest ending up in landfills, the environment or incinerators. Cyclyx is working to find ways to get this waste plastic out of the trash bins and into the Cyclyx system for Cyclyx and its members to recycle those low quality plastics in an effort to raise the recycling rates of plastic from 10% to 90%.
The 10 to 90® brand will introduce a set of takeback programs, education, rewards and engagement tools, sponsored by the Cyclyx consortium companies,designed to incent small changes of behavior at home in order to increase the amount of waste plastics diverted from landfills and into the Cyclyx supply chain. Those waste plastics can then be recycled to a range of products by consortium members.
This new approach has the ability to help greatly expand the range of plastic waste that society recycles, including materials not commonly accepted by traditional recyclers due to poor quality, contamination levels or the chemical complexity of the waste.
The brand’s associated 10 to 90 Challenge is a call to action for individuals within select geographic areas to help increase their local plastic recycling rate to upwards of 90% from the average of 10%. The Challenge will be rolled out in collaboration with municipalities, retail establishments, corporations and universities in an effort to help drive scalable, community-focused solutions that accelerate plastic recycling, locally in the short term with a goal to impact global recycling rates in the long term.
“The introduction of 10 to 90® is a significant strategic pillar for Cyclyx,” stated Joe Vaillancourt, CEO of Cyclyx. “We all can do more to responsibly manage waste plastics and boost plastic circularity. 10 to 90® is an effort to significantly increase the amount of plastics diverted from landfills and into our system, where we can then find new recycling options with Cyclyx. By engaging individuals, companies, communities, and other organizations in this mission, we can truly begin to address the plastic waste challenge and increase the plastic recycling rate from 10% to 90%.”
Contacts
Melanie Burger
Director, Corporate Communications
mburger@cyclyx.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 recycling rate of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of post-use 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.
PORTSMOUTH, New Hampshire, USA, March 15, 2022 – Cyclyx International, a consortium-based supply chain innovation company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced BNSF Railway (BNSF), one of North America’s leading freight transportation companies, has joined the consortium and John Lovenburg, vice president of environment and sustainability at BNSF, will be joining Cyclyx’s executive advisory board (EAB).
As Cyclyx begins to scale its ability to divert more waste plastic from the landfill and into its new member-based supply chain systems for recycling, expertise in circular economy logistics and cost effective transportation solutions will become critical. BNSF, being a leader in the freight transportation and logistics industry with strong sustainability goals, will bring important insight and expertise to the consortium.
“BNSF Railway is pleased to join the Cyclyx consortium and we support its ambitious 90 percent plastics recycling mission,” said John Lovenburg, Vice President, Environment & Sustainability. “We look forward to contributing our expertise in circular economy logistics and rail solutions, and partnering and learning from the innovative member companies.”
“We’re excited to welcome BNSF to the consortium and Mr. Lovenburg to the EAB,” stated Joe Vaillancourt, CEO of Cyclyx. “With our increased member demand for customized plastic feedstock, we need to develop and/or optimize our logistics programs and we are excited to have BNSF as a member so we can leverage their expertise and current operations that will help in our collective mission to increase the recycling rate of plastic from 10% to 90%.”
Contacts
Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock supply chain innovator working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recycling rate of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of post-use 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 BNSF
BNSF Railway is one of North America’s leading freight transportation companies. BNSF operates approximately 32,500 route miles of track in 28 states and also operates in three Canadian provinces. BNSF is one of the top transporters of consumer goods, grain and agricultural products, low-sulfur coal, and industrial goods such as petroleum, chemicals, housing materials, food and beverages. BNSF’s shipments help feed, clothe, supply, and power American homes and businesses every day. BNSF and its employees have developed one of the most technologically advanced, and efficient railroads in the industry. We work continuously to improve the value of the safety, service, energy, and environmental benefits we provide to our customers and the communities we serve. You can learn more about BNSF at www.BNSF.com.
PORTSMOUTH, New Hampshire, USA, March 11, 2022 – Cyclyx International, a consortium-based supply chain innovation company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced the creation of a digital asset and data function which will help the company scale its platform internationally. With the expected growth of Cyclyx in 2022 following its announcements of the development of a specialized plastics recovery facility on the Gulf coast and its participation in the Houston Recycling Collaboration, the importance of data intelligence and digital tools to help transform and scale the new plastic recycling economy is paramount.
The new digital asset and data function will be dedicated to advancing the development of the Company’s AI tools, supply chain logistics, optimization of its customized advance plastic processing facilities, ISCC+ certification requirements and the consumer engagement and affinity tools associated with the Company’s new takeback programs. The new group will be led by Matt Durbin who will serve as the SVP of Digital Asset Strategy and Commercialization. Prior to this role, Matt served as the Company’s VP of Operations. In a related move, Joe Ledbetter will be promoted to VP of Operations having served most recently as the Company’s Senior Director of Feedstock, Supply Chain and Operations.
Matt Durbin has been with the company for 5 years and has served in various capacities, first at Agilyx and then transitioning to Cyclyx at its inception in late 2020. Matt has been instrumental in developing the initial supply chain and operating aspects of Cyclyx as well as obtaining international ISCC PLUS certification of Cyclyx’s post-use plastic management system. In addition, Matt has been leading the development of the Cyclyx custom plastic recovery facilities in collaboration with member organizations. In his new role, Matt will help define the ongoing data and digital asset strategies that will allow Cyclyx to scale internationally in support of its 10 to 90 mission.
Joe Ledbetter has been with the company for 8 years, also starting at Agilyx and transitioning to Cyclyx at its inception. Joe has been integral to developing the operating procedures for Agilyx’s technology, serving early on as plant manager at the company’s Tigard facility and setting up sourcing and supply chain elements of the Cyclyx system. In his new role, Joe will be leading the operational aspects of Cyclyx including the development, construction and commissioning of new plastic recovery facilities (PRFs), management oversight of the operations of the PRFs as well as supporting the transitional needs between waste plastics sourcing activities and the various supply chain and logistic elements of all Cyclyx and 10 to 90 operations.
“I’m excited to announce the appointment of Matt Durbin to the role of SVP of Digital Asset Strategy and Joe Ledbetter to the role of VP of Operations,” stated Joe Vaillancourt, CEO of Cyclyx. “Data tools are integral to our mission to increase the recycling rate of plastic from 10% to 90%. Under Matt’s leadership, this newly created data function within our organization will help improve our ability to collect and convert a broader range of waste plastics into feedstock, allowing us to divert more plastics out of landfill and into the Cyclyx system to be recycled and Joe will help us create a best in class safety and operational culture within the Company as we grow and to manage the tight feedstock specifications that will meet the needs of our offtake customers.”
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock supply chain innovator working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recycling rate of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of post-use 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 43 883 0396
kate.ringier@agilyx.com
Cyclyx International, a consortium-based supply chain innovation company with a mission to help increase the recycling rate of plastic from 10% to 90%, has welcomed Suncast, the market-leading manufacturer of high-quality resin products made in the U.S.A., to its consortium.
Retailers and consumers know Suncast for its smart and innovative home and garden and storage products. By developing products that incorporate recycled content and can be recycled at their end-of-life, Suncast Corporation is committed to a brighter, more brilliant future.
“Zero waste and recycled content are key components of our Brilliant by Design™ sustainability platform,” stated Jim Ahlborn, CEO of Suncast. “Cyclyx is doing the difficult work of diverting plastics from landfills to use as feedstocks in advanced recycling so that companies like ours can use recycled content in our products. By working with Cyclyx and our retail partners, we’ll be able to implement first-of-their-kind takeback programs so fewer products end up in landfills at the end of their useful lives, and we’ll collaborate with companies that can help us source even more recycled content for our products.”
Suncast’s membership in Cyclyx gives it access to design and implement customized takeback programs and innovations, including plastic waste-based circular feedstock specifications tailored to its specific product pathways, allowing for the inclusion of higher amounts of recycled content in its products.
“We are happy to welcome Suncast to the Cyclyx consortium,” stated Joe Vaillancourt, CEO of Cyclyx. “Suncast’s focus on sustainability and enthusiasm for advancing circular solutions will help us to direct more plastic waste toward its best use and will be a great bolster to our effort to help drive the recycling rate of plastic from 10% to 90%.”
Contacts
Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock supply chain innovator working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recycling rate of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of post-use 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 Suncast® and Suncast Commercial®
Suncast Corporation is a privately held designer, manufacturer and distributor of consumer and commercial products for the home and industrial markets. The scope of the extensive product range includes innovative items in several categories encompassing: Outdoor Storage, Lawn and Garden, planters, Snow Tools, Deck and Patio Accessories, Outdoor Furniture, and several others.
Suncast continues to be a leader in the design and manufacture of high-quality resin products made in the U.S.A. for over 35 years. The Suncast brand is the market share leader in hose reels, outdoor storage and snow tools. These products are sold through over 25,000 retail outlets in the United States and Canada, primarily through Big Box, Hardware, Clubs and Specialty Retail chains as well as major e-commerce providers.
To learn more about the full line of Suncast and Suncast Commercial® products, visit our websites: Suncast.com and SuncastCommercial.com.
YewMaker, the executive lead of the Sustainable Medicines Partnership (SMP), is announcing that Agilyx has joined as a Founding Collaborator. The SMP is a not-for-profit private-public collaboration executing projects to make the use of medicines more sustainable and less wasteful.
Agilyx (Euronext Growth (Oslo): “AGLX”) is a technology company that enables customers to recycle difficult-to-recycle post-use plastics to high value, virgin-equivalent products.
In its collaboration with the SMP, Agilyx will have an initial focus on enhancing medicines packaging sustainability. Roughly one trillion medicine packets are thrown away each year, destined for landfill or incineration even though most could be recycled. Eliminating the single use of these plastics is a priority for the SMP.
“Sustainable Medicines Partnership has an exemplary goal to make medicines more sustainable and equitable. Agilyx is extremely proud to join SMP in its work to reduce waste in medicines packaging,”. “There is a perception out there that packaging like blister packs can’t be recycled, but that is not the case. Our proven technology can create a more sustainable solution for this high-grade medical packaging.” – Tim Stedman, CEO of Agilyx
Agilyx will work with SMP to develop tested, data-driven, scalable solutions to address the factors that have previously made these materials hard to recycle such as the chemical complexity of the plastics involved and the logistical difficulties with collection, sorting and disposal in a highly siloed industry.
“Packaging plays an essential role in ensuring the quality and safety of medicines. Developing circular solutions to reduce single use of plastics in medicines packaging is a key focus of the SMP. We are delighted Agilyx, who are leading innovators in recycling complex plastics, will be working with us.”- Nazneen Rahman, YewMaker CEO, SMP Director.
Contacts:
YewMaker: comms@yewmaker.com
Agilyx: Kate Ringier kate.ringier@agilyx.com
About the Sustainable Medicines Partnership
The SMP is a not-for-profit, private-public, multi-stakeholder collaboration. Through executing priority actions, the Sustainable Medicines Partnership aims to stop the avoidable waste of medicines and medicines packaging – reducing healthcare emissions and increasing health equity globally. Learn more at www.yewmaker.com/smp
About YewMaker
YewMaker builds science-based, scalable, concepts and solutions that make healthcare more sustainable. YewMaker is the initiator and executive lead of the Sustainable Medicines Partnership. Learn more at www.yewmaker.com
About Agilyx
Agilyx is a technology company that enables customers to recycle difficult-to-recycle post-use plastics to high value, virgin-equivalent products. With a focus on diversion and conversion of plastic waste, Agilyx is uniquely positioned with a molecular recycling technology offering and an integrated feedstock solution by way of Cyclyx, an innovative feedstock management consortium of partners that drives up global plastic recycling rates by chemically fingerprinting plastic waste and matching it to appropriate recycling processes. Agilyx was the first to establish a commercial scale closed loop plastic-to-plastic chemical recycling facility and holds over 17 patents. Agilyx conversion technology utilizes pyrolysis without a catalyst and can convert mixed waste plastic to naphtha and fuels or depolymerize specific plastics such as polystyrene and PMMA (acrylic) back into virgin-quality products. Learn more at www.agilyx.com.