Polyolefins producer Braskem has announced that it has joined Cyclyx International, the consortium-based feedstock management company launched earlier this year in January by advanced recycling company Agilyx and ExxonMobil Chemical Company. As well, Geoffrey Inch, Braskem’s Sustainability and Circular Economy Director, has been appointed to the Cyclyx Executive Advisory Board.
By joining the consortium Braskem will have access to the Cyclyx platform and its range of innovative services. These are targeted at transforming the way plastic waste can be used as a renewable resource, ultimately to deliver waste plastic feedstock appropriate for all existing and new mechanical and advanced recycling pathways.
Cyclyx member companies are committed to eliminating plastic waste within a carbon-neutral circular economy, among others, by increasing post-use plastic recycling rates from 10% to 90%.
This aligns with Braskem’s long history in the use of sustainable feedstock, said Geoffrey Inch, with the company’s striving to increase the circularity of plastics.
“We believe Cyclyx addresses some of the key challenges that will allow advanced recycling to scale, which is an important step in the development of certified circular polypropylene for our clients,” Inch said.
Recently, Braskem announced its new commitment to a Carbon Neutral Circular Economy, with clearly stated targets for growing the company’s I'm green recycled products portfolio to sales of 300,000 tons by 2025 and 1 million tons by 2030. The company is a founding member and funding partner of the Polypropylene Recycling Coalition, an initiative of The Recycling Partnership, to increase U.S. kerbside recycling access for polypropylene. It is also a founding member of the Alliance to End Plastic Waste.