PORTSMOUTH, NH, and The Woodlands, TX ─ March 17, 2021 ─ Cyclyx International, LLC (“Cyclyx”), a post-use plastic feedstock management company, and AmSty, the largest Polystyrene producer in the Americas, announced today that AmSty has joined Cyclyx International as a founding member and has appointed Tim Barnette, AmSty’s vice president of Polymers and Sustainability to the Cyclyx Executive Advisory Board.
As a member of the Cyclyx consortium, AmSty will have access to the Cyclyx platform which includes an integrated set of innovations including chemical characterization of plastics and predictive modelling of feed sources to product pathways, custom feedstock recipes, and customized supply chains in order to deliver waste plastic feedstocks appropriate for all existing and new mechanical and advanced recycling pathways. As part of AmSty’s membership, the Regenyx chemical recycling facility, a joint venture between AmSty and Agilyx, will contract with Cyclyx to source feedstock for plastic waste conversion. AmSty will also have access to the Cyclyx platform for other future potential advanced recycling facilities.
“We are excited to welcome AmSty as a founding member of Cyclyx and to have Tim Barnette serve on our advisory board,” said Joe Vaillancourt, chief executive officer at Cyclyx. “AmSty has been at the forefront and a leader of chemical recycling through Regenyx, proactively engaged in creating circular plastic pathways. AmSty’s decision to join Cyclyx helps reinforce the commitment of our members to drive recycled plastic recycling rates from 10% to 90%.”
“AmSty is pleased to join Cyclyx as part of our efforts to keep polystyrene products out of landfills through circular recycling, where discarded single-use items can go right back to the same applications over and over at the same purity and performance,” said Tim Barnette, vice president – Polymers and Sustainability at AmSty. We believe the development of feedstock supply chains for plastics recycling is a key step toward revolutionizing the way the world recycles plastics.”
Contacts:
Agilyx
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
AmSty
Josh Want
Communications Manager
+1 844-512-1212
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop recycling solutions for all types of post-use plastics. Structured as a consortium, members benefit from a transparent business model that is mission driven, focused on increasing the recyclability of plastics from 10% to 90%. Leveraging its expertise in understanding the chemical composition of waste plastic in collaboration with industry partners, Cyclyx is creating a new, innovative supply chain. Cyclyx was founded by Agilyx Corporation ("Agilyx"), a leader in advanced chemical recycling, and joined by ExxonMobil Chemical Company, one of the largest chemical companies in the world, to help address the complexities of recycling post-use plastics. For more information, visit us at www.cyclyx.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.