By: ICN Bureau
Last updated : March 20, 2021 9:50 am
A joint venture between AmSty and Agilyx, will contract with Cyclyx to source feedstock for plastic waste conversion.
Cyclyx International, a post-use plastic feedstock management company, and AmSty, the largest polystyrene producer in the Americas, announced 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."