PORTSMOUTH, New Hampshire, USA, September 21, 2021 – Cyclyx International, a consortium-based plastic feedstock management company with a mission to increase the recycling rate of plastics, has announced that Casella Waste Systems, Inc. (“Casella”), a regional solid waste, recycling and resource management services company, has joined as a founding member. In addition, Paul Ligon, Casella’s senior vice president of sustainable growth, will join Cyclyx’s executive advisory board.

Casella is a leader in the recycling industry. Plastics collected on Casella’s residential collection routes and processed at its recycling facilities are sold to North American markets. The recycled plastics are then used as raw materials to make new products. The company has a proven track record of recycling plastics, while also finding viable end markets for difficult to recycle materials such as plastic bags. The integration of Casella’s expertise with the Cyclyx model provides an excellent opportunity to drive significant additional plastics recovery over time.  

As a founding member of the Cyclyx consortium, Casella joins an ever expanding list of companies across the plastic value chain dedicated to the mission of increasing the recycling rate of plastic from 10% to 90%. They will seek to achieve this mission through various programs aimed at the collection, aggregation and chemical characterization of waste plastic as well as the creation of feedstock recipes developed through machine learning and predictive modeling to meet the specific needs of their customers.  

“Casella has been enabling sustainability through partnerships with companies and communities across the U.S. for more than 40 years,” said Casella chairman and CEO John W. Casella. “We feel that our broad expertise in developing economically and environmentally sustainable solutions for recycling and resource management has us uniquely positioned to help the Cyclyx consortium achieve its goals while supporting the needs of our customers.”

“We are very excited to welcome Casella to the consortium and Paul to the executive advisory board,” stated Joe Vaillancourt, CEO of Cyclyx. “Casella’s proven experience and long history of innovation in the waste and recycling industry aligns with our mission and will significantly add to our efforts to increase the recycling rate of plastic from 10% to 90%.”

Contacts

Kate Ringier
Agilyx VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com  

Joseph Fusco
Casella Vice President
(802) 772-2247
joe.fusco@casella.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 Casella Waste Systems, Inc.

Casella Waste Systems, Inc., headquartered in Rutland, Vermont, provides integrated solid waste management services consisting of collection, transfer, disposal, and recycling services in the northeastern United States. For further information, visit the company’s website at www.casella.com.

• First Cyclyx member representing the life sciences industry
• Membership demonstrates collaboration to develop innovative recycling solutions for post-use plastics

PORTSMOUTH, New Hampshire, USA, September 17, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced MilliporeSigma has joined the consortium as the newest founding member. MilliporeSigma is the U.S. life science business of Merck KGaA, Darmstadt, Germany, a leading science and technology company and supplier to the global life science industry.

MilliporeSigma, the first Cyclyx member representing the life science industry, integrates a focus on sustainability throughout all phases of the product life cycle to continuously introduce innovation in the form of greener product alternatives, more sustainable packaging and distribution, and expanded recycling and reuse programs. MilliporeSigma has worked together with customers and the waste management industry to provide a first-of-its kind single-stream recycling program for Biopharma single-use technologies, resulting in more than 6,500 tons recycled since 2015.

As a member of the consortium, MilliporeSigma will extend its leadership and expertise in sustainability while continuing to build a more circular economy for its products. In addition, MilliporeSigma will take an active role in helping Cyclyx to expand its programs by having Jacqueline Hollands, global manager of product recycling and innovation for MilliporeSigma, serve on the Cyclyx executive advisory board.

“We are pleased to welcome MilliporeSigma as our newest founding member and to have Ms. Hollands lend her expertise to the executive advisory board,” stated Joe Vaillancourt, CEO of Cyclyx. “As the consortium expands to new sectors, counting industry leaders such as MilliporeSigma among our members demonstrates that the benefit of our programs stretches across the value chain. These new memberships are critical in driving the success of our mission to increase recycling rates from 10% to 90%.”

“MilliporeSigma collaborates with our customers and the waste management industry to provide first-of-its-kind recycling programs, and we are excited  to continue this important work as a founding member of Cyclyx,” said Jeffrey Whitford, Head of Sustainability and Social Business Innovation at the life science business of Merck KGaA, Darmstadt, Germany. “Finding high-value uses for materials, including those that come from recycling programs, is key not only for us, but for our customers in the life science industry. Tapping into Cyclcx’s capability to create programs that drive single-use plastics from the life science industry back into the value chain will go a long way to helping solve some of the world’s most difficult challenges.”

Contacts

Kate Ringier
Cyclyx
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 help 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 the Life Science Business of Merck KGaA, Darmstadt, Germany

The Life Science business of Merck KGaA, Darmstadt, Germany, which operates as MilliporeSigma in the U.S. and Canada, has some 22,000 employees and 59 manufacturing sites worldwide, with a portfolio of more than 300,000 products focused on scientific discovery, biomanufacturing, and testing services.

Merck KGaA, Darmstadt, Germany, a leading science and technology company, operates across healthcare, life science, and electronics. Around 58,000 employees work to make a positive difference to millions of people’s lives every day by creating more joyful and sustainable ways to live. From advancing gene-editing technologies and discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2020, Merck KGaA, Darmstadt, Germany generated sales of € 17.5 billion in 66 countries.

The company holds the global rights to the name and trademark “Merck” internationally. The only exceptions are the United States and Canada, where the business sectors of Merck KGaA, Darmstadt, Germany operate as EMD Serono in healthcare, MilliporeSigma in life science, and EMD Electronics. Since its founding in 1668, scientific exploration and responsible entrepreneurship have been key to the company’s technological and scientific advances. To this day, the founding family remains the majority owner of the publicly listed company. For more information about Merck KGaA, Darmstadt, Germany, visit  www.emdgroup.com.

PORTSMOUTH, New Hampshire, USA, September 16, 2021 – Cyclyx International, a consortium-based plastic feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%, and Sonoco (NYSE: SON), one of the largest diversified global packaging companies, have announced that Sonoco has become a member of the Cyclyx consortium.

Sonoco’s mission is to create sustainable packaging solutions that help build their customers’ brands, enhance the quality of their products and improve the quality of life for people around the world. With this in mind, Sonoco has pledged to recycle, or cause to be recycled, 85% equivalent by weight of the products that they are putting into the marketplace. In addition, Sonoco has pledged to ensure that 75% of its global rigid plastic packaging is capable of making the relevant on-package recyclable claim. By joining Cyclyx, Sonoco will gain access to a range of services that will help it to deliver on these pledges, including design and execution of programs to help facilitate increased collections and recycling rates for difficult post-consumer plastics streams.Sonoco supports its sustainability goals with a commitment to vertical integration and a hands-on recycling infrastructure under its subsidiary, Sonoco Recycling. Operating and continually improving its network of materials recovery facilities (MRFs) and services in the U.S. enables Sonoco Recycling to offer comprehensive end-of-life solutions for post-use plastic. Through its Sonoco Sustainability Solutions (S3) consulting platform, Sonoco Recycling provides businesses with customized waste reduction programs designed to decrease waste materials going to landfills, reduce environmental impacts and increase sustainability efforts. “Joining Cyclyx represents another step forward in our journey to lead the world’s transition to sustainable packaging solutions,” said Elizabeth Rhue, staff vice president of sustainability at Sonoco. “We are pleased to work with Cyclyx to drive increased recycling of previously difficult to recycle plastics.”

“We’re happy to welcome Sonoco to the consortium,” stated Joe Vaillancourt, CEO of Cyclyx. “With their commitment to sustainability and their innovative programs designed to help brands achieve landfill-free status, Sonoco’s membership will help to advance our mission to increase plastic recycling rates from 10% to 90%”

Contacts

Cyclyx
Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com

Sonoco
Roger Schrum
VP, Investor Relations & Corporate Affairs
+1 843 339 6018
roger.schrum@sonoco.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 help 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 Sonoco

Founded in 1899, Sonoco (NYSE: SON) is a global provider of consumer, industrial, healthcare and protective packaging. With annual net sales of approximately $5.2 billion, the Company has 19,000 employees working in approximately 300 operations in 34 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support our corporate purpose of Better Packaging. Better Life. The Company was listed as one of Fortune’s World’s Most Admired Companies for 2021 as well as being included in Barron’s 100 Most Sustainable Companies for the third year in a row. For more information, visit www.sonoco.com.

TIGARD, Oregon, USA – September 13, 2021 – Agilyx Corporation (AGLX), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): “AGLX”) and a pioneer in the chemical recycling of post-use plastics has been granted a patent continuation for its process of breaking down waste polystyrene into its chemical building block, styrene monomer. The continuation of US patent number 11,041,123 further confirms Agilyx’s depolymerization technology extends to the breaking down of all waste plastic polymers into their respective discrete monomers and is not only limited to polystyrene. This patent demonstrates the versatility of Agilyx’s innovation portfolio while continuing to advance its position as a leader in the depolymerization of waste plastics.

“This patent continuation demonstrates the robustness and versatility of the Agilyx technology, not restricting our claims to polystyrene to styrene monomer; thereby, expanding our patent coverage to depolymerization of polymers back to the monomer level, enabling greater circularity for more plastics,” stated Dr. Chris Faulkner, CTO at Agilyx. “Essentially, our process has not changed. We are using the same technology on the same machinery, though it may be operated in a slightly different way depending on the polymer. The recognition that this technology applies to a broader range of polymers is an exciting advancement in our mission to increase recycling and circularity of post-use plastics.”

Contacts

Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.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.

New executive advisory board members bring valuable sustainability experience to support company’s mission to help increase recycling rate of post-use plastic

PORTSMOUTH, New Hampshire, USA, September 2, 2021 – Cyclyx International, a consortium-based plastic feedstock management company with a mission to increase the recycling rates of post-use plastic from 10% to 90%, today announced the addition of three new members to its Executive Advisory Board (EAB).

Dr. Ron Abbott is sustainability technology manager at Chevron Phillips Chemical (CPChem). Dr. Abbott is responsible for developing technology required to advance long term global sustainability objectives, which includes leading CPChem’s advanced recycling program.  Prior to assuming this role in 2018, Abbott served as the Planning and Strategy Manager in the Corporate Planning and Development group where he oversaw the strategic planning process for CPChem. 

Ricardo Cuetos is vice president Standard Products Americas at INEOS Styrolution America LLC. Mr. Cuetos brings more than 25 years of experience in the plastics and petrochemical industries across North America, Asia Pacific, and Latin America and is committed to improving and increasing the recovery of post-consumer polystyrene waste.

Dr. Ganesh Nagarajan is the associate director for Polymer Business Development & Projects at LyondellBasell and is responsible for developing circular economy initiatives, strategy and partnerships for North America.  He also represents LyondellBasell at the Alliance to End Plastic Waste as part of the regional task force in North America and Thematic Expert Groups. Nagarajan brings more than 25 years of experience with expertise in sustainability, business management, marketing, sales, product development, mergers and acquisitions and capital projects including international experience in India, Asia, Australia and South America. Prior to his current role he was the managing director for the Polypropylene Compounding Business at Basell Polyolefins India Private Ltd.

“Cyclyx has an ambitious mission of helping to increase the recycling rate of post-use plastic from 10% to 90%,” said Joe Vaillancourt, chief executive officer of Cyclyx. “The knowledge of and commitment to sustainability and building a more circular economy that Ron, Ricardo and Ganesh bring will be crucial in helping us to reach our goals.”

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 post-use 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 43 883 0396
kate.ringier@agilyx.com

TIGARD, Oregon, USA – August 26, 2021 – Agilyx Corporation (Agilyx), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): “AGLX”) and a pioneer in the advanced recycling of post-use plastics, announced today that Carsten Larsen has been appointed chief commercial officer and senior vice president of Business Development for Agilyx, effective September 1, 2021, replacing Bill Cooper who has joined Cyclyx LLC as senior vice president of Strategic Relationships.

Mr. Larsen will be responsible for driving global growth through the acquisition of customers, initiation, and development of projects. He will work with business partners to expand and accelerate the roll out of Agilyx chemical recycling solutions to address the challenge of post-use plastic globally.

Mr. Larsen is an experienced commercial leader with more than 25 years of industrial expertise, most recently having served as commercial director, Plastics Circularity, Europe, Middle East, Africa and Asia Pacific for Dow Inc. where he was responsible for plastic sustainability strategy development and implementation. Mr. Larsen also served as managing director for Dow Nordics, leading cross-functional international teams and managed key external partnerships.

Tim Stedman commented: “I would like to welcome Carsten to Agilyx at this exciting time in our development.  His breadth of knowledge, experience and relationships will be enormously beneficial to the company as we further strengthen our global reach. I would also like to thank Bill as he transitions to Cyclyx. His contributions over the last years have been integral to building Agilyx.”

At Agilyx, Mr. Larsen will join the executive management team, reporting to Tim Stedman, chief executive officer. In this role, he will oversee business development activities for the company as it continues to expand its footprint around the globe. Mr. Larsen will also provide oversight for Agilyx’s sustainability program, working to ensure the company reaches its ambitious sustainability goals in the areas of circular/environment, climate, and society. He will be based in Copenhagen.

Mr. Larsen holds a bachelor’s degree in international business administration from Copenhagen Business School. He has served on the boards of the American Chamber of Commerce in South Africa and the Chemical & Allied Industries’ Association. He has also served as chairman for the Epoxy Industry Association.

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.

Contacts

Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com

TIGARD, Oregon, USA – August 23, 2021 – Agilyx Corporation (AGLX), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): “AGLX”) and a pioneer in the advanced recycling of post-use plastics and Kumho Petrochemical, a global leader in the manufacture of synthetic rubber, have announced a collaboration to explore the development and construction of a chemical recycling project in South Korea.

“We’re very interested in recycling of post-use plastics, while focusing on utilizing post-use polystyrene into the pure styrene,” stated Jong-Hoon Baek, CEO of Kumho Petrochemical. “Collaboration with Agilyx will give Kumho Petrochemical an opportunity of proposing new line of eco-SSBR products to most of our customers who prefer sustainable products.”

“We are pleased to partner with Kumho Petrochemical to explore this project and expand the market for post-use recycled polystyrene into new, high growth and technically demanding applications such as this,” stated Tim Stedman, CEO of Agilyx. “The potential to use waste plastic to create high performance SSBR for the manufacture of tires is a very exciting example of our technology’s ability to create a new life for plastic.”

The project will use Agilyx unique and novel chemical recycling technology to produce pure styrene from post-use polystyrene. This would be used as a virgin equivalent raw material to produce solution styrene-butadiene rubber (SSBR), a key component for the manufacture of tires, including for the large volume, high-performance tire segment. The project would mark an exciting new application of Agilyx’s polystyrene depolymerization technology, introducing a new pathway for polystyrene into SSBR.

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 Kumho

Kumho Petrochemical, founded in 1970 and possessing the largest synthetic rubber manufacturing capacity in the world, is doing businesses in various fields, such as synthetic resins, specialty chemicals, nanocarbon, energy, and building materials. The company manufactures synthetic rubber products using butadiene and styrene, etc., as raw materials. Along with synthetic rubber, synthetic resin, which is used in plastics and building materials, is one of the company’s major areas of business. In announcing the new vision of a “Solution Partner Creating Our Common Future With Value Beyond Chemistry” in 2020, the company is focusing on enhancing its competitiveness and creating sustainable value by taking a broad, long-term view of the future.
www.kkpc.com/eng/

Agilyx Contact

Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com

Kumho Contacts

David Jeong
Assistant Manager, Public Affairs Team
+82 10 6348 6385
whjung15@kkpc.com

Lee, Suk Yul
Staff, Public Affairs Team
+82 10 7196 3442
leesy3442@kkpc.com  

PORTSMOUTH, New Hampshire, USA, August 16, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%, announced that INEOS Styrolution, a global leader in styrenics, has joined the Cyclyx consortium as a founding member. Ricardo Cuetos, vice president, INEOS Styrolution America, will join the Cyclyx executive advisory board.

INEOS Styrolution recently announced its global plastic pledge to move toward a more circular economy for plastic packaging. The company has developed a family of products made from recycled post-consumer plastic waste as well as materials based on renewable feedstock in an effort to fulfil its vision to be recognized as the global leader in sustainable styrenics solutions. These products, marketed under the name INEOS Styrolution ECO, match the performance of the company’s existing producing portfolio while reducing its greenhouse gas footprint and reducing the amount of post-consumer waste going to landfill.

INEOS Styrolution has a strong vision for sustainability aimed at improving and increasing the recovery of post-consumer plastic waste and strengthening innovation for circularity. In his role on the Cyclyx executive advisory board, Mr. Cuetos will actively contribute to innovative advancements in the sustainability and circular economy of plastics. 

As a member of the Cyclyx consortium, INEOS Styrolution 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, offering INEOS Styrolution essential tools to accelerate progress on its sustainability goals. These innovations aim to deliver waste plastic feedstock appropriate for all existing and new mechanical and advanced recycling pathways.

“Cyclyx is a leader in the feedstock management and technology space, going far beyond conventional methods for recovering plastic waste. Cyclyx’s extensive knowledge of polystyrene waste sourcing will allow us to reach the necessary feedstock levels required to meet the increasingly high demand we are seeing for recycled polystyrene products. The opportunity to join Cyclyx as a founding member further strengthens our valued partnership and I am looking forward to being a part of the continued innovations that will certainly come from Cycylx.” says, Ricardo Cuetos, vice president, INEOS Styrolution America, Standard Products.

“We are excited to have INEOS Styrolution as a Cyclyx member and welcome Mr. Cuetos to the advisory board,” stated Joe Vaillancourt, CEO of Cyclyx. “INEOS Styrolution’s commitment to a circular economy is undeniable and their expertise in styrenics make them a strong addition to the consortium while reinforcing the commitment of our members to drive post-use plastic recycling rates from 10% to 90%.”

Cyclyx International

Kate Ringier

VP, Communications & Government Affairs

+41 78 822 7770

kate.ringier@agilyx.com

INEOS STYROLUTION

April Ludwikowski

Marketing Communications Manager, Americas
INEOS Styrolution America LLC

4245 Meridian Parkway, Suite 151

Aurora, IL 60504

USA

Phone: +1 331.212.5757

Email: april.ludwikowski@ineos.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 help 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 INEOS Styrolution

INEOS Styrolution is the leading global styrenics supplier, with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 90 years of experience, INEOS Styrolution helps its customers succeed by offering solutions, designed to give them a competitive edge in their markets. At the same time, these innovative and sustainable best-in-class solutions help make the circular economy for styrenics a reality. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, packaging and toys/sports/leisure. In 2020, sales were at 4 billion euros. INEOS Styrolution employs approximately 3,600 people and operates 20 production sites in ten countries. More information visit www.ineos-styrolution.com . Follow us on Twitter @styrolution.

PORTSMOUTH, New Hampshire, USA, August 12, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced that LyondellBasell has joined Cyclyx as a founding member. LyondellBasell, one of the world’s largest producers of plastics and chemicals, is a leader in the effort to help advance the circular economy and has pledged to produce and market two million metric tons of recycled and renewable-based polymers annually by 2030.

As a founding member of the consortium, LyondellBasell will join the collaborative efforts of a growing list of companies that are working to foster a more sustainable future for plastics. The company has consistently demonstrated their commitment in this area, leveraging their scale and reach to make a positive impact across the value chain. With multiple investments in recycling technologies and collaborations focused on advancing recycling infrastructure and end markets for recycled products, LyondellBasell’s membership brings valuable knowledge and experience to Cyclyx. In addition, Ganesh Nagarajan, associate director, polymers business development and projects at LyondellBasell will bring his expertise to the executive advisory board.

“As a founding member of Cyclyx, increasing the recycling rate of plastic waste is incredibly important to our sustainability journey,”said Ken Lane, LyondellBasell executive vice president Global Olefins and Polyolefins. “LyondellBasell recognizes the challenges plastic waste brings, and we aim to be a part of the solution through our involvement with Cyclyx, which can help us and our industry achieve our recycling ambitions.”

“We’re very happy to have LyondellBasell join Cyclyx and to welcome Dr. Nagarajan to the executive advisory board,” stated Joe Vaillancourt, CEO of Cyclyx. “Their leadership in advancing the circular economy and experience in utilizing renewable feedstock makes them a valuable participant in our mission to drive plastic recycling rates from 10%-90%.”

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 help 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 LyondellBasell

LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. LyondellBasell sells products into more than 100 countries and is the world’s largest producer of polypropylene compounds and the largest licensor of polyolefin technologies. In 2021, LyondellBasell was named to FORTUNE Magazine’s list of the “World’s Most Admired Companies” for the fourth consecutive year. More information about LyondellBasell can be found at www.lyondellbasell.com.

• Flame retardant-laden polystyrene can now be recycled into high purity styrene monomer through Agilyx’s advanced recycling process.
• This technological advancement creates significant new market opportunities and enables recyclability of over 200kt^1,2 of material annually just in Europe with far larger volume potential in North America and Asia.

PORTLAND, Oregon, July 27, 2021 – Agilyx Corporation (AGLX), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): “AGLX”) and a pioneer in the advanced recycling of post-use plastics, announced today a significant milestone in their collaboration with a strategic technology partner which will allow for the recycling of brominated flame retardant-laden polystyrene into a high purity styrene monomer for direct use in downstream products including PS, EPS, ABS, SBR, SAN and Unsaturated Polyester Resins.

The integrated technologies of Agilyx depolymerization open the pathway for previously unrecycled materials, such as construction foam and insulation, to be put back into use as new materials at a quality level equivalent to those manufactured from any other styrene monomer. These materials can then be used for any application from building materials to food containers.

“This new advancement in our advanced recycling capabilities truly demonstrates the excellence of Agilyx’s collaborations,” said Tim Stedman, chief executive officer of Agilyx. “The ability to recycle flame retardant-laden polystyrene not only allows this contaminated material to be part of a sustainable recycling value chain, but it will open up new markets that were previously closed due to the contamination associated with these materials. This is an exciting step on our mission to making all plastics circular, even those that are most distressed and contaminated.”

1. Conversio, Final Report Waste generation, waste streams and recycling potentials of HBCDcontaining EPS/XPS waste in Europe and forecast model up to 2050, April 2020.
2. Preliminary Information on Manufacturing, Processing, Distribution, Use, and Disposal: Cyclic Aliphatic Bromide Cluster (HBCD), U.S. EPA Office of Chemical Safety and Pollution Prevention 2017.

Contact

Kate Ringier

Vice President, Communications & Government Affairs, Agilyx

Tel: + 41 43 883 0396

Email: kate.ringier@agilyx.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, Inc., and is partnering with a range of waste service providers, municipalities, petrochemical, and brand and retail companies to develop closed-loop advanced recycling solutions for mixed waste plastics. www.agilyx.com.