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Cyclyx Invests in Second Circularity Center for Plastics RecyclingCyclyx Invests in Second Circularity Center for Plastics Recycling

Joint venture of Agilyx, ExxonMobil, and LyondellBasell commits $135 million to an advanced recycling project near Fort Worth, TX.

Staff

December 3, 2024

1 Min Read
Graphic of Cyclyx circularity for advanced recycling
Rick Lingle via Canva

Cyclyx International, LLC., a post-use plastic-to-feedstock innovator and joint venture of Agilyx, ExxonMobil, and LyondellBasell, has reached a final investment decision for a second Cyclyx Circularity Center (CCC2). The new facility will be located at an existing distribution center in the Fort Worth, TX, area. It will help to create further necessary infrastructure for a plastic circular economy.

Together, Agilyx, ExxonMobil, and LyondellBasell are investing $135 million into Cyclyx to fund the construction and operations for CCC2, which has an expected startup in the second half of 2026. When operational, the facility can produce around 300 million pounds of plastic waste feedstock per year for customers using mechanical and advanced recycling technologies. As with the CCC facility, CCC2 operations are expected to create more than 100 jobs in the local economy. 

“This new world-class facility will significantly expand our capability to supply the growing industry demand for feedstock for both mechanical and advanced recycling,” says Joe Vaillancourt, CEO of Cyclyx. “CCC2 will help enable the aggregation and recycling of post-consumer, commercial, and industrial plastic waste often destined for landfills or incineration. We look forward to working with the Dallas-Fort Worth Metroplex community as well as our feedstock customers to deliver sustainable solutions.”

Cyclyx Circularity Centers are uniquely designed to accept a wide range of plastic waste streams, including plastics that are not typically accepted in current industry recycling programs. Combined, CCC1 and CCC2 will have the capacity to produce an estimated 600 million pounds of plastic waste feedstock annually—another step forward to building a more circular economy for plastics.

As part of its strategy, Cyclyx continues to explore the development of additional CCCs, each placed in major hubs across the United States.

Read more about Cyclyx at PlasticsToday.

About the Author

Staff

Informa Markets Engineering

The Informa Markets Engineering network of B2B media sites includes Design News, Battery Technology, Medical Device & Diagnostic Industry (MD+DI), Packaging Digest, PlasticsToday, and Powder & Bulk Solids.

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