Cyclyx International, a plastic feedstock management company based in Portsmouth, New Hampshire, has announced it is developing a plastic recovery facility to process postuse plastics for committed offtake associated with advanced recycling projects on the Gulf Coast. This includes ExxonMobil’s large-scale postuse plastic advanced recycling facility recently announced for Baytown, Texas.
According to a news release from Cyclyx, engineering work has begun on the proposed facility and the site will open in 2022. The factory is expected to process up to 60,000 metric tons of recycled plastic feedstock annually. Cyclyx says it plans to develop a network of similar facilities, linked to committed offtake agreements, to support growth in advanced recycling.
The company says it is designing the proposed facility to allow for processing scrap plastic feedstock customized to meet the needs of individual customer specifications. Cyclyx will source post-use mixed plastics 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,” says 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 percent to 90 percent.”
Cyclyx was founded by Agilyx Corp., an advanced chemical recycling company based in Tigard, Oregon, with ExxonMobil Chemical Co., Irving, Texas. Since its founding, a growing number of companies has joined the consortium.