In Norway, Agilyx announced that 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). Located in the Dallas/Fort Worth, Texas area, the new facility will help to create further necessary infrastructure for a plastic circular economy.
Together, 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. Agilyx’s $67.5 million investment reflects its 50% interest in Cyclyx and is fully funded through recent equity and green bond financing transactions.
