Chevron Phillips Chemical has become the latest company to take part in Cyclyx International, a consortium-based feedstock management company aiming to substantially increase recycling rates of post-use plastic.
As a founding member of the consortium, CPChem joins a growing list of member companies in the Cyclyx consortium. Established by advanced recycler Agilyx Corporation, and joined by chemical giant ExxonMobil Chemical Company, Cyclyx is developing systems to collect and sort large volumes of plastic waste from various sources to be used as raw material to manufacture petrochemical products, including naphtha and chemical intermediate pathways.
Membership of the consortium aligns well with CPChem’s own circularity ambitions: the company has announced plans for an annual production volume of 1 billion pounds of its ISCC PLUS certified Marlex Anew Circular Polyethylene by 2030.
“CPChem is working to create sustainable solutions, and we believe joining Cyclyx as a founding member will expand our capacity to produce and deliver certified circular products for years to come,” explained Dr. Ron Abbott, CPChem’s sustainability technology manager, who will also serve on the Cyclyx executive advisory board.
Cyclyx provides third-party audited, circular, end-of-life pathways for post-use plastic throughout the value-chain. Its members gain access to tools such as chemical characterisation of plastics and predictive modelling of feedstock sources to product pathways, custom feedstock recipes, and customised supply chains. In April 2021, it obtained certification through the International Sustainability and Carbon Certification Plus process for its post-use plastic management systems. This certification provides customers with the assurance that the plastic feedstock acquired for their processes satisfies conditions of being post-use and are traceable and auditable. It also certifies Cyclyx as a circular pathway point of origin and allows Cyclyx customers to use mass balance accounting to attribute post-use plastics to the production of their certified circular plastics and other products.