LyondellBasell acquires 25% of Cyclyx joint venture, joining Agilyx and ExxonMobil to accelerate plastic waste recycling
PORTSMOUTH, New Hampshire, USA, October 26, 2023 – Cyclyx International , a joint venture between Agilyx and ExxonMobil , announces LyondellBasell has acquired 25% equity ownership of the joint venture (JV). LyondellBasell joining Cyclyx, which was formed in December 2020, further accelerates innovation and development of the necessary infrastructure for a nationwide circular economy for plastics.“Investing in plastic waste value chain experts such as Cyclyx, together with Agilyx