Cyclyx International to Invest $135 Million in Second Cyclyx Circularity Center, Texas, USA

Specifications:

Name:

Cyclyx International to Invest $135 Million in Second Cyclyx Circularity Center, Texas, USA

Location:

Texas, USA

Company:

Cyclyx International

Estimated Cost:

$135 Million

Source:

https://www.lyondellbasell.com/

Introduction:

Cyclyx International, LLC., a post-use plastic-to-feedstock innovator and joint venture among 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, Texas.

Features:

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. Once operational, the facility will have the capacity to produce approximately 300 million pounds of plastic waste feedstock per year for customers using mechanical and advanced recycling technologies.

CCC2 operations are expected to create more than 100 jobs in the local economy. 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.