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.
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.
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.
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, May 21, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to help increase the recycling rate of post-use plastic from 10% to 90%, announced today that North American Plastics, a family of leading brands in plastics distribution, has become a member of the Cyclyx consortium.
As a member of the consortium, North American Plastics joins an impressive group of companies that are leading the way in building a more sustainable future for plastics. Member companies have access to Cyclyx’s services that provide plastic users throughout the value-chain with third-party audited, circular, end of life pathways for their products through innovations including chemical characterization of plastics and predictive modelling of feedstock sources to product pathways, custom feedstock recipes, and customized supply chains. These innovations and North American Plastics’ commitment to help drive more plastics being recovered at end of use is an exciting combination.
“Working together with Cyclyx allows NAP to further its already industry-leading recycling initiatives,” stated Tim Bolton, vice president of sales at North American Plastics. “We could not be happier to be a partner within this consortium. We look forward to being stewards for both our customers and suppliers with the goal of enhanced repurposement of resin-based substrates.”
“We’re thrilled to have North American Plastics as a Cyclyx member,” stated Joe Vaillancourt, CEO of Cyclyx. “Their collection of brands represent the largest geographic footprint of plastics distribution in the plastics industry today which can be leveraged to increase global plastic recycling. North American Plastics’ membership exemplifies the vital collaborations required to drive post-use plastic recycling from 10% to 90%.”
Contacts:
Cyclyx
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com
North American Plastics
Kim Imes
Director of Marketing
kimes@northamericanplastics.com
About North American Plastics
North American Plastics, a collection of the industry’s top leading brands in plastics distribution, is comprised of 120+ locations across North America and offers the largest geographic footprint in the plastics industry today. With each of the 20 brands operating independently, they offer a wide range of value-added services, product lines from the most trusted manufacturers in the industry, and localized customer service.
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 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.
New executive board members bring valuable experience to help drive company’s mission of increasing recycling of post-use plastic
PORTSMOUTH, New Hampshire, USA, March 29, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to increase the recyclability of plastic from 10% to 90%, today announced the addition of Steve Russell and Paul Turner to its Executive Advisory Board (EAB).
The EAB is a team of industry executives and thought leaders that are committed to help advance and scale Cyclyx’s innovative approach to significantly increase the recyclability of post use plastic. Russell and Turner bring decades of executive experience advising and managing organizations operating in the plastics value chain and advancing plastic sustainability and solutions to plastic waste.
“At Cyclyx, we have an ambitious mission to transform the way plastic waste can be used as a renewable resource. We are bringing chemistry expertise, new supply chain concepts and a consortium approach with a goal to greatly increase the amount of waste plastics that can be recycled. The extensive expertise and relationships that Steve and Paul bring to the EAB will be instrumental to help progress our current solutions to advance the circular economy for plastics,” stated Joe Vaillancourt, chief executive officer of Cyclyx.
Russell is the former vice president of the American Chemistry Council (ACC), who led the plastics division for more than a decade and was an early and leading voice for advancing plastic sustainability and solutions to plastic waste. While at ACC, he played a crucial role in helping to conceive and operationalize the Alliance to End Plastic Waste. Russell also oversaw the division’s sustainability programs, scientific research, and public outreach. He was instrumental in forming the World Plastic Council and the expansion of the Global Plastics Alliance.
“Meeting society’s goals for plastics circularity will require new business models and improved logistics to get recyclers the materials they need,” Russell said. “Cyclyx has developed a unique approach to deliver innovative supply chain solutions to dramatically accelerate recycling rates, and I’m excited to support the Cyclyx team by joining their Advisory Board.”
Turner is a former senior executive in the Chemical Industry, having worked with companies such as DuPont, LyondellBasell, Hoechst AG, Borealis and The Dow Chemical Company. He was chairman of the Polyolefins Group with Plastics Europe, the European Plastics Association. Turner was instrumental in forming the Polyolefins Circular Economy Platform (PCEP), a value chain approach to drive the circular economy for polyolefins in collaboration with converters, brand owners, recyclers and waste management companies.
“I am very excited about the opportunity to work closely with the Cyclyx team to help accelerate the circular economy and reduce plastic waste,” Turner said. “I believe Cyclyx’s strong value proposition together with its collaborative approach will reshape the industry supply chains for plastic waste feedstock to enable growth for its business as well as its value chain partners.”
Contacts:
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recyclability of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of waste plastic in collaboration with industry partners to create a new, innovative supply chain. Cyclyx was founded by Agilyx Corporation (“Agilyx”), a leader in advanced chemical recycling, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership . For more information, visit us at www.cyclyx.com.