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.
In an effort to help address packaging waste in the pharmaceutical industry, Agilyx has joined the Sustainable Medicines Partnership (SMP) as a programme collaborator and technology partner. SMP is a collaboration of some of the leading players in the pharmaceutical and healthcare sectors. Agilyx joins other founding collaborators including AstraZeneca and Deloitte. YewMaker, the executive lead of the SMP, created the not-for-profit entity with an aim to make healthcare more sustainable by reducing the billions of medicines wasted every year.
This collaboration with SMP represents an important focus area for Agilyx, as its feedstock and technology solutions will be leveraged by SMP and its partners with the goal of developing closed-loop recycling for pharmaceutical packaging, material that has previously been considered difficult to recycle. This exciting new project opens new pathways for Agilyx technology while building on the capabilities of both Cyclyx and Agilyx to address the most challenging plastic waste.
Roughly one trillion medicine packets are discarded each year, destined for landfill or incineration even though most medicines plastics could be recycled. Agilyx will concentrate efforts on SMP’s key priority of tackling discarded plastics and using it as a resource to deliver sustainable packaging to the pharmaceutical industry.
“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,” said Tim Stedman, CEO of Agilyx. “There is a perception out there that blister packs can’t be recycled but that is not the case. Our proven technology can incorporate the PVC from blister packs into feedstock recipes that can create a more sustainable solution for these high-grade medical products.”
“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,” said Nazneen Rahman, YewMaker CEO, SMP Director
Agilyx will work with SMP to deliver 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. Beginning in early 2022, the collaboration will first focus on blister packs, a leading example of a material historically thought to be unrecyclable.
Oslo, Norway – February 21, 2022 – Agilyx (Euronext Growth Oslo: AGLX.OL; OTCQX: AGXXF), a technology company that enables customers to recycle the most challenging post-use plastics to high value, virgin-equivalent products, announced today the appointment of Jonathan Tyler as senior vice president of corporate development to help drive the company’s strategic planning process and investor relations strategy.
Mr. Tyler comes to Agilyx with over 25 years of experience in investment banking with a longstanding specialization across the chemical industry with related work in cleantech and sustainability. Tyler has held leadership positions with Houlihan Lokey, Bear Stearns (now JP Morgan), Goldman Sachs and Climate KIC. Early in his career he was a top ranked research analyst, including heading European chemical research for Goldman Sachs. He has worked on many of the most complex M&A and financial restructuring projects across the global chemical industry, and also numerous IPOs/listings. Most recently he served as managing director at Perella Weinberg Partners.
“We are excited to welcome Jonathan to Agilyx with his wealth of experience in strategic decision making and investor relations,” stated Tim Stedman, CEO of Agilyx. “Jonathan’s strong professional background will be vital in developing the strategic relationships needed to usher Agilyx into its next phase of growth.”
Mr. Tyler will be based at the company’s European hub, located just outside of Zurich, Switzerland.
Contacts
Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.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.
Virgin Group and chemical conversion technology company Agilyx have announced they are forming a strategic partnership in order to research and develop lower-carbon fuel facilities to help address plastic pollution and the global transition to net-zero
Virgin Group and Agilyx aim to reuse plastic waste to produce synthetic crude oil that will then be refined into a lower carbon fuel. Plastic waste that otherwise would be un-recycled will be diverted from landfill and will help broaden options in the market for lower carbon fuels from the limited range available today. Virgin Group wants to provide lower carbon fuel solutions to the global-market and expects Virgin Atlantic and other Virgin companies to be early adopters, as part of the Group’s transitional plans of achieving net zero by 2050.
Virgin Group intends to work with Agilyx – whom it has been an investor in for many years – on the development of the production facilities based on its unique conversion technology. Cyclyx, an innovative feedstock company that is majority owned by Agilyx, will source the plastic waste used for the fuel in the first facility.
The first waste-to-fuel location is planned to be in the US, with an aspiration to roll-out similar plants in other countries, including the UK.
Agilyx’s proprietary technology is able to break down plastic waste through a pyrolysis process. Pyrolysis converts mixed waste plastic into a synthetic crude oil which, once further refined, can be used as a lower carbon fuel.
Josh Bayliss, CEO of the Virgin Group, says: “Innovation and entrepreneurship are important tools to address the climate crisis. Virgin and other companies have an important role to play in meeting those challenges, which is exactly why we are forming this strategic partnership with Agilyx. The creation of lower carbon fuel is an important step in the journey towards net zero. We are very pleased to be adding this project to the range of investments we continue to make aimed at addressing these issues.”
Tim Stedman, CEO of Agilyx, says: “We are pleased to be partnering with the Virgin Group to enable a technology solution for lower carbon fuels as it transitions on its journey to net zero. This platform is unique as it will be used for lower carbon fuels and has the future opportunity for the production of circular plastics. We view plastic waste as a valuable above ground resource that is not widely tapped into. Through our technology, we aim to unlock the value of plastic waste that otherwise may have been destined for landfill or incineration.”
Shai Weiss, CEO of Virgin Atlantic, says: “In this decade, Sustainable Aviation Fuel is the key solution for decarbonisation of the aviation sector but we have a long way to go. Clearing the skies for tomorrow requires radical collaboration across innovators, producers, investors and airlines. We are delighted that Virgin Group and Agilyx are leading the charge to pilot new pathways in lower carbon fuels and we look forward to working closely with them to achieve our 10% SAF target by 2030.”
-ends-
For further information:
Charlotte Sjoberg
Communications Director, UK, Virgin
+44 7766 240821
charlotte.sjoberg@virgin.com
Kate Ringier
VP, Communications & Government Affairs, Agilyx
+ 41 43 883 0396
kate.ringier@agilyx.com
Virgin Atlantic
For further press information about Virgin Atlantic, please contact the Virgin Atlantic press office on press.office@fly.virgin.com or call 01293 747373.
Ryan Kisiel
Head of Sustain, Maitland /AMO
+44 (0) 207 379 5151
ryan.kisiel@maitland.co.uk
Notes to editors
Virgin companies which are expected to be early adopters of the lower carbon fuel include Virgin Atlantic, Virgin Australia and Virgin Orbit. Virgin Voyages will also explore how the lower carbon fuel could advance its net zero goals.
About Virgin
The Virgin Group is a leading international investment group and one of the world’s most recognised and respected brands. Created in 1970 with the birth of Virgin Records, the Virgin Group has gone on to invest in, incubate, and grow a number of successful businesses in the private and public markets. The Virgin Group has expanded into many sectors since its inception, driven by Sir Richard’s ambition to create the world’s most irresistible brand. These sectors include travel & leisure, financial services, health & wellness, technology & internet-enabled, music & entertainment, media & mobile, space, and renewable energy. Avoiding the impacts of climate change is a key priority for the Virgin branded businesses and we believe that all Virgin branded companies should achieve net zero emissions by 2050 or sooner, further details on this will be published in the Virgin Group sustainability report later this year. Find out more at www.virgin.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 more than 17 patents. Agilyx conversion technology utilises 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.
About Virgin Atlantic
Virgin Atlantic was founded by entrepreneur Sir Richard Branson in 1984, with innovation and amazing customer service at its core. In 2021, Virgin Atlantic was voted Britain’s only Global Five Star Airline by APEX for the fifth year running in the Official Airline Ratings. Headquartered in London, it employs 6,500 people worldwide, flying customers to 27 destinations across four continents. Alongside shareholder and Joint Venture partner Delta Air Lines, Virgin Atlantic operates a leading transatlantic network, with onward connections to more than 200 cities around the world. On 3 February 2020, Air France-KLM, Delta Air Lines and Virgin Atlantic launched an expanded Joint Venture, offering a comprehensive route network, convenient flight schedules, competitive fares and reciprocal frequent flyer benefits, including the ability to earn and redeem points / miles across all carriers.
Sustainability remains central to Virgin Atlantic, having taken an industry leadership position through its long-standing support for SAF commercialisation and fleet transformation programme. Since September 2019, the airline has welcomed eight new Airbus A350-1000 with a further A350-100 and three A339s entering the fleet in 2021. By the end of 2022 the average fleet age will be just over six years, driving a fuel efficiency (CO2 /RTK) improvement of 30% compared with 2007. For more information visit www.virginatlantic.com or via Facebook, Twitter and Instagram @virginatlantic.
PORTSMOUTH, New Hampshire, USA, January 20, 2022 – Cyclyx International, a consortium-based plastic feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced that Dow (NYSE: DOW) has joined the Cyclyx consortium.
As a leading materials science company, Dow is at the forefront in driving the transformational change that is needed to tackle the existential threats of climate change and environmental degradation.
Dow’s membership in Cyclyx will give it access to participate in customized takeback programs and innovations including plastic waste-based circular feedstock specifications tailored to its specific product pathways – which will help Dow to advance its sustainability and circularity goals.
Mary-Jane Hogg, global director of waste strategy for Dow, will serve on the executive advisory board of Cyclyx.
“Cyclyx’s unique approach to significantly increase plastic recycling rates supports Dow’s commitment to boost plastic circularity and keep plastic out of the environment,” said Hogg.
Cyclyx redirects more difficult to recycle plastic into recycling by tapping into extensive data on the chemical composition of post-use plastics and using AI and predictive analytics to put it to use.
“Our work with Cyclyx supports Dow’s collaboration on leading technologies to enable a sustainable future with resource-efficient production of certified circular plastics – to preserve the environmental benefits of plastics, including the critical role plastics play in reducing carbon emissions,” said Hogg.
Dow’s sustainability journey began more than 30 years ago, and today the company is delivering against its 2025 Sustainability Goals, its third generation of 10-year goals, developed in alignment with the United Nations Sustainable Development Goals, and also recently announced additional targets directed specifically at addressing climate change and plastic waste.
“We’re excited to welcome Dow to Cyclyx and Mary-Jane to the executive advisory board,” stated Joe Vaillancourt, CEO of Cyclyx. “Dow has been very progressive in its commitment to environmental sustainability. Dow’s targets on eliminating plastic waste in the environment align well with Cyclyx’s mission to increase the recycling rate of plastics from 10% to 90%.”
Contacts
Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com
Eileen Zeng
EYZeng@dow.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.
About Dow
Dow (NYSE: DOW) combines global breadth, asset integration and scale, focused innovation and leading business positions to achieve profitable growth. The Company’s ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company, with a purpose to deliver a sustainable future for the world through its materials science expertise and collaboration with its partners. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer care. Dow operates 106 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $39 billion in 2020. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
PORTLAND, Oregon, USA – January 11, 2022 – Agilyx, (Euronext Growth Oslo: AGLX.OL; OTCQX: AGXXF) a technology company that enables customers to recycle the most challenging post-use plastics to high value, virgin-equivalent products and Toyo Styrene Co., LTD (“Toyo Styrene”), an affiliate of Denka Company Limited, Nippon Steel Chemical & Material Co., Ltd. and Daicel Co., Ltd., announced today they are entering into the construction phase of a 10 ton per day chemical recycling facility in Japan, enabled by Agilyx depolymerization technology.
The recycling plant will convert post-use polystyrene into a styrene monomer that will be purified using Toyo Styrene’s proprietary purification process. Styrene monomer produced from this process can then be converted back into high value polystyrene products which bear a significantly lower carbon footprint than similar products made with virgin monomer.
“As the first step toward the circular economy, we will construct a chemical recycling plant for this project, collect post-industrial materials for the time being, and start a chemical recycling business.” said Sanshiro Matsushita, President of Toyo Styrene. “Furthermore, in order to build a carbon free society through chemical recycling in Japan, we are also planning to participate in a platform that integrates citizens, businesses, and local government, which is being undertaken by Ichihara City, Chiba Prefecture.”
“The decision to move into the final stages of this project is a big accomplishment for the members of Agilyx and Toyo Styrene who have worked tirelessly to bring us to this point,” stated Tim Stedman, CEO of Agilyx. “We are very proud of their efforts and excited for the opportunity to bring our proven advanced recycling technology into the Asian markets to help improve the availability of recycled plastic content and increase global plastic recycling through circular pathways.”
Contacts
Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com
Toyo Styrene
Hiroshi Higuchi, Executive Officer, the office manager, environmental measures promotion office, Toyo Styrene Co.,Ltd.
+81-3-3519-5602
h-higuchi@toyo-st.co.jp
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.
About Toyo Styrene
Toyo Styrene was established in April 1999 as a company of consolidated polystyrene business carved out from Denki Kagaku Kogyo Kabushiki Kaisha (Current: Denka Co., Ltd.), Nippon Steel Chemical Co., Ltd. (Current:NIPPON STEEL Chemical & Material Co., Ltd.),and Daicel Chemical Co.(Current:Daicel Corporation). Since then, Toyo Styrene has been developing constantly the new high performance grade for answering the needs of customers such asEX7, HMT1, GA, Eneryts and FR-PS as well. For more information, follow us on social media and visit us at www.toyo-st.co.jp.
PORTSMOUTH, New Hampshire, USA, December 15, 2021 – Cyclyx International, a consortium-based plastic feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced it is developing a first of its kind plastic recovery facility to process waste plastics for committed offtake associated with advanced recycling projects on the Gulf Coast, such as the Baytown, Texas project recently announced by ExxonMobil.
Engineering work has already begun on the proposed facility. The facility is expected to process up to 60,000 metric tons of recycled plastic feedstock per year with an anticipated start-up in late 2022. Cyclyx plans to develop a network of similar facilities, linked to committed offtake, to support growth in advanced recycling.
With its unique knowledge of plastic chemical characterizations, Cyclyx is designing the proposed facility to allow for processing of waste plastic feedstock customized to meet the needs of individual customer specifications. Cyclyx will source post-use mixed waste plastic for the project via a range of existing sources while continuing to expand its collaboration with companies from across the value chain to develop circular solutions for difficult-to-recycle plastic waste.
“We are excited to launch this phase of the Company’s growth strategy,” stated Joe Vaillancourt, CEO of Cyclyx. “The development of these customized plastics recovery facilities is critical in meeting the growing needs of advanced recyclers and is a big step forward toward our mission of helping increase the plastic recycling rate 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 management company working with a broad set of 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.
Full production scale trial successfully proves technology for depolymerizing acrylic
TEESSIDE, England and OSLO, Norway, December 8, 2021 – Mitsubishi Chemical Methacrylates (MCM) and partner, Agilyx Corporation (OSE: AGLX), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): “AGLX”) and a pioneer in the chemical recycling of post-use plastics, announced today the successful results of a full-scale production trial for polymethyl methacrylate (PMMA; commonly called acrylic) depolymerization at Agilyx’s facility in Tigard, Oregon.
The full-scale trial, conducted in August 2021, returned results consistent with the successful results of a laboratory-scale trial conducted in 2020. A mixed feedstock included both cast and extruded PMMA sheet, and the effects of different temperature settings were analysed to find the optimal conditions for PMMA pyrolysis.
Following the successful plant trial, experts from MCM and Agilyx met to build an action plan that sets out the required next steps.
“The results at full production scale are very encouraging,” said David Smith, circular economy programme lead, Mitsubishi Chemical Methacrylates. “The teams at both MCM and Agilyx worked very well together, and all parties are excited at the prospect of building a new PMMA depolymerization plant using Agilyx technology.”
“The results of our PMMA trials in Tigard have been very positive,” stated Carsten Larsen, CCO of Agilyx. “We’ve proven that Agilyx technology is capable of turning PMMA back into its original monomer, MMA, creating a truly circular material. We’re excited to continue our collaboration with Mitsubishi Chemical Methacrylates.”
The crude MMA produced during the plant trial is currently being distilled at MCM’s pilot plant in Wilton, England and will be used both for internal product development and to validate the purification solution that will be used in this process.
For further information, contact:
Scott Neal – Communications Specialist, Mitsubishi Chemical Methacrylates
Tel: +44 (0)1642 735066
scott.neal@m-chem.com
David Smith – Circular Economy Programme Lead, Mitsubishi Chemical Methacrylates
Tel: +44 (0)7885 239742
david.smith@m-chem.com
Kate Ringier – VP, Communications and Government Affairs, Agilyx
Tel: + 41 43 883 0396
kate.ringier@agilyx.com
About Mitsubishi Chemical Methacrylates
Mitsubishi Chemical Methacrylates (MCM) is the global Methacrylates Division of Mitsubishi Chemical and the world’s largest producer of methyl-methacrylate (MMA). With manufacturing sites, sales offices and distribution networks throughout Asia, the Americas and Europe, MCM creates products that improve the quality of life around the world, every single day. Learn more at www.mcc-methacrylates.com.
About Agilyx Corporation
Agilyx (AGLX) is an early leader in the advanced recycling of difficult-to-recycle post-use plastics. With Agilyx’s chemical recycling technology, mixed plastic waste or streams of discrete post-use plastics, such as polystyrene, can be converted to new virgin-equivalent plastics, as well as chemical products and fuels – creating the opportunity for true circularity. The company has not only developed these first-to-market products but has also developed a feedstock management company, Cyclyx International, LLC, and is partnering with a range of waste service providers, municipalities, petrochemical, and brand and retail companies to develop closed-loop recycling solutions for mixed waste plastics. www.agilyx.com.
Circular recycling company, Regenyx, confirmed today that it has transitioned to 100% renewable energy at its facility in Tigard, Oregon. The company is a joint venture between Agilyx Corporation (AGLX), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): “AGLX”) and pioneer in the advanced recycling of post-use plastics, and AmSty, the largest polystyrene producer in the Americas. Joining together to form Regenyx in 2019, these companies are considered frontrunners in circular recycling for polystyrene and aim to lead future companies in choosing renewable energy.
Through enrollment in the Green Future Enterprise program with Portland General Electric (PGE), Regenyx will receive 100% of its electricity from wind sources. Using solely renewable energy sources supports a transition to a low-carbon economy, which is in line with Agilyx sustainability goals to mitigate climate-related impacts of its operations and disclosing the environmental footprint and energy efficiency of its circular recycling processes.
“Agilyx is using chemical recycling technology to help solve the problem of plastic waste in an effort to create a more sustainable, circular economy for plastics,” said Tim Stedman, CEO of Agilyx. “Using electricity derived from non-renewable resources to power that technology would be counter-intuitive. That’s why we are so pleased to announce that all of the electricity in Tigard will now come from renewable wind energy.”
Vice President of Polymers and Sustainability at AmSty, Tim Barnette, said, “AmSty and Agilyx are working diligently to make circular recycling as efficient and carbon-neutral as possible. We are optimistic that the move to wind-powered electricity will put us farther down that path and we’re grateful to have this source available.”
Contacts
Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com
Josh Want
Communications Manager
AmSty
Phone: +1 844-512-1212
Website: www.amsty.com
About Agilyx
Agilyx (AGLX) is an early leader in the advanced recycling of difficult-to-recycle post-use plastics. With Agilyx’s chemical recycling technology, mixed plastic waste or streams of discrete post-use plastics, such as polystyrene, can be converted to new virgin-equivalent plastics, as well as chemical products and fuels – creating the opportunity for true circularity. The company has not only developed these first-to-market products but has also developed a feedstock management company, Cyclyx International, LLC, and is partnering with a range of waste service providers, municipalities, petrochemical, and brand and retail companies to develop closed-loop recycling solutions for mixed waste plastics. www.agilyx.com.
About AmSty
AmSty is a leading integrated producer of polystyrene and styrene monomer, offering solutions and services to customers in a variety of global markets. AmSty is a member of the American Chemistry
Council and its Responsible Care initiative, and is headquartered in The Woodlands, Texas. AmSty is a joint venture equally owned by Chevron Phillips Chemical Company LP and Trinseo LLC.
PORTSMOUTH, New Hampshire, USA, November 4, 2021 – Cyclyx International, a consortium-based plastic feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced that Corning Incorporated, one of the world’s leading innovators in materials science, has joined as the newest member. With an initial focus on creating more circular pathways for plastics in the U.S. life sciences industry, Corning’s membership in the consortium will open up opportunities for increased landfill diversion by improving the recycling rate for its products used in life sciences research, liquid handing, and bioprocessing. Christie McCarthy, Director of Sustainability for Corning Life Sciences, will represent the company on the executive advisory board.
Corning has pledged to enhance manufacturing waste strategies across its sites by 2025 and initiated a partnership in 2020 with the New York State Pollution Prevention Institute to develop a formal waste management program. As a member of Cyclyx, Corning will gain access to services that include the design and execution of programs to expand collection of plastic waste from manufacturing, while also offering customers a path to recycle post-use plastics via Cyclyx’s ISCC PLUS certified process.
“By combining Cyclyx’s feedstock management technology with Corning’s extensive U.S. supply chain and knowledge of life sciences plastics, we can work together to make a circular economy for the life sciences industry a reality,” said McCarthy. “We look forward to bringing our passion for invention and innovation to the advisory board to help reimagine how post-use plastic consumables can become regenerative cradle-to-cradle products.”
“We’re excited to welcome Corning to the Cyclyx consortium,” stated Joe Vaillancourt, CEO of Cyclyx. “Corning is a brand that has been at the forefront of industry-leading innovation for more than 170 years. The company’s commitment to developing sustainable, more circular pathways for its products is admirable and, as a member company, the company will help drive our mission of increasing the recycling rate of plastic from 10% to 90%.”
Contacts
Cyclyx
Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com
Corning
Elizabeth Fryman
+ 1 978 684 2659
frymane@corning.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.
About Corning Incorporated
Corning (www.corning.com) is one of the world’s leading innovators in materials science, with a 170-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people’s lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries. Corning’s capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping its customers capture new opportunities in dynamic industries. Today, Corning’s markets include optical communications, mobile consumer electronics, display, automotive, and life sciences.
PORTSMOUTH, New Hampshire, USA, September 23, 2021 – Cyclyx International, a consortium-based plastic feedstock management company with a mission to increase the recycling rate of post-use plastic from 10% to 90% has announced Reynolds Consumer Products, LLC (“Reynolds”) as its newest member.
Reynolds has been making great strides in the effort to help divert hard-to-recycle plastics from landfills with their Hefty® EnergyBag® program. As a Cyclyx member, Reynolds will bring its learnings and expertise in creating a more circular economy for waste plastics playing an active role in helping Cyclyx build out its 10 to 90 waste plastic takeback programs.
The Hefty® EnergyBag® program gives consumers the ability to collect hard-to-recycle plastic items in addition to their existing recycling efforts. Since the Energy Bag® program’s inception in 2016, Hefty® has diverted over 1,500 tons of plastic waste from landfills. Hefty’s collaboration with Cyclyx aspires to enhance the program and greatly expand their geographic reach and volume of waste plastics collected.
As a member of the consortium, Reynolds Consumer Products joins a growing list of companies that are helping to lead the way to build a robust reverse logistics supply chain for waste plastics. As a Cyclyx member, Reynolds will work with Cyclyx to leverage the Hefty® EnergyBag® program learnings to create various options for corporations, consumers and communities to collect waste plastics and find their best recycling or recovery pathway.
“Reynolds Consumer Products is committed to supporting the recovery rates of hard-to-recycle plastics” said Lisa Burns, Sr. Vice President, Marketing for Hefty Waste and Storage. “We look forward to working with Cyclyx and other consortium members to help collected materials go to higher value use.”
“We are excited to welcome Reynolds Consumer Products to the consortium,” stated Joe Vaillancourt, CEO of Cyclyx. “As a company that has already exhibited leadership and made great strides in the recovery of hard-to-recycle plastic waste, Reynolds is a valuable participant in our mission to drive plastic recycling rates from 10% to 90%.”
Contacts
Cyclyx
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com
Reynolds Consumer Products
Hannah Wright
Hannah.wright@icrinc.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.
About Reynolds Consumer Products
Reynolds Consumer Products (REYN: Nasdaq) is a leading provider of household products that simplify daily life so you can enjoy what matters most. Our Reynolds® and Hefty® brand products help make mealtime easier with preparation, cooking, cleanup, and storage solutions. For more information, visit ReynoldsConsumerProducts.com and HeftyEnergyBag.com.