Page 31 - Plastics News Issue December 2024
P. 31
COMPANY NEWS
Cyclyx Invests in Second Circularity
Center for Plastics Recyclin
This new center will complement
the first Cyclyx Circularity Center
(CCC1), which is set to begin
operations in Houston in 2025.
Together, these facilities will
have the capability to produce an
estimated 600 million pounds of
feedstock each year, significantly
contributing to efforts in recycling
post-consumer, commercial, and
industrial plastic waste that often
ends up in landfills or incineration.
The establishment of CCC2 is
yclyx International, a joint venture
also expected to create over 100
involving Agilyx, ExxonMobil, and
local jobs in the Fort Worth area.
CLyondellBasell, has announced a
significant investment in its second Circularity Joe Vaillancourt, CEO of Cyclyx, emphasized the
Center (CCC2) located near Fort Worth, Texas. importance of this facility in meeting the growing
The project entails a total investment of $135 demand for sustainable feedstock solutions
million, aimed at enhancing the infrastructure and reiterated the company's commitment to
necessary for a sustainable plastic circular developing additional Circularity Centers across
economy. The CCC2 facility is expected to major U.S. hubs as part of their broader strategy
start operations in the second half of 2026, to enhance recycling capabilities and reduce
with a production capacity of approximately environmental impact
300 million pounds of plastic waste feedstock Source:- Plastic Today
annually, utilizing both mechanical and advanced
recycling technologies.
December 2024 PLASTICS NEWS 31
