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Cyclyx CEO says deal is still in development to build plastic scrap sorting, processing facility in Houston with ExxonMobil, LyondellBassell; environmentalists are skeptical of companies' intentions to actually recycle plastics or turn scrap into jet fuel

Cyclyx to build plastics recycling facility--the Circularity Center--in Houston area on US$100.0M investment from ExxonMobil, LyondellBasell; facility to start operations in 2024, produce 150,000 tonnes/year of feedstock for ExxonMobil, LyondellBasell

Cyclyx opens new plastics testing laboratory in Portsmouth, New Hampshire, to grow, develop its high-volume plastic processing facility in support of consortium members; lab's database of waste plastics to target non-recyclable plastics for custom blends

Cyclyx, Virgin Group's Virgin Red rewards program to incentivize plastic recycling via 10 to 90 programs; Virgin Points can be earned to trade for Virgin Voyages trips, Virgin Limited vacation packages, gifts from Virgin Experience Gifts, airline flights

Alpek's expandable PS subsidiary Styropek joins Cyclyx International, a post-use plastic innovation consortium; membership will enable Styropek access to recycled feedstock under company's commitments to increase recycled content

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