Agilyx announces Final Investment Decision for Second Cyclyx Circularity Center

"We are thrilled to achieve this important milestone in expanding the CCC network. Combined, CCC1 and CCC2 will have the capacity to produce an estimated 600 million pounds of plastic feedstock annually.  This investment helps redirect plastic waste away from landfills, integrating it into a circular economy as valuable feedstock for all plastic recyclers", said Ranjeet Bhatia, Agilyx CEO.

Cyclyx Circularity Centers are uniquely designed to accept a wide range of plastic waste streams, including materials 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.  

As part of its strategy, Cyclyx continues to explore the development of additional CCCs, each placed in major hubs across the United States.

Further updates on the CCC2 project and additional center developments will be provided as progress continues.

Contact:

Investor Relations Contact:
[email protected]
Phone: +1 (503) 213 1860

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