Cyclyx International Expands Executive Team

PORTSMOUTH, New Hampshire, USA, February 4, 2021 ─ Cyclyx International, LLC (“Cyclyx”), a post-use plastic feedstock management company, today announced several key appointments to its executive team to advance its innovative consortia-based recycling platform. Rick Cochrane has been named Senior Vice President, Strategy and Business Development and Lauren Etlinger joins Cyclyx as General Counsel. These new appointments will further strengthen the Cyclyx team as it scales its mission to increase the recyclability of plastic.

Mr. Cochrane joins Cyclyx from Continuus Materials LLC where he was Senior Vice President of Business Development. During his time at Continuus, Mr. Cochrane managed and developed key business partnerships for the company. Prior to Continuus, Mr. Cochrane was CEO and COO, respectively, of two private-equity owned businesses, the former specializing in plastic products manufacturing and the latter in electronics recycling. Mr. Cochrane also worked for nine years at Waste Management (WM). During his time at WM he served in a variety of management positions, including in WM's Organic Growth Group where he was responsible for developing growth strategies for new waste to value businesses. Mr. Cochrane holds a B.S. in Chemical Engineering from Vanderbilt University.

Lauren Etlinger joins Cyclyx from ExxonMobil Corporation. At ExxonMobil, Ms. Etlinger provided legal counsel to the ExxonMobil Fuels and Lubricants Company, including gasoline and feedstock supply coordination, products, crude and gasoline logistics optimization, sales and marketing. Prior to joining ExxonMobil, Ms. Etlinger practiced law at the international law firm of Norton Rose Fulbright, focusing on business litigation, compliance matters and internal investigations. Ms. Etlinger began her legal career as a Law Clerk to the Honorable Marcia Crone in U.S. District Court for the Eastern District of Texas.

“We are excited to add Rick and Lauren to our team,” said Joe Vaillancourt, President of Cyclyx. “Rick’s experience in waste-based feedstocks will be invaluable in executing our strategic priorities and expanding key business partnerships which lie at the core of the organization’s future growth. Lauren brings extensive legal expertise in the industry, including feedstock supply management critical to implementing new supply chain strategies for plastic recycling. I look forward to working with Rick and Lauren.”

Agilyx

Kate Ringier

VP, Communications & Government Affairs

+41 78 822 7770

kate.ringier@agilyx.com

About Cyclyx International, LLC.

Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop recycling solutions for all types of post-use plastics. The company’s mission is to increase the recyclability of plastics by using Cyclyx’s expertise in understanding the chemical composition of waste plastic in collaboration with industry partners to create a new, innovative supply chain. Cyclyx was founded by Agilyx Corporation ("Agilyx"), a leader in advanced chemical recycling, and joined by ExxonMobil Chemical Company, one of the largest chemical companies in the world, to help address the complexities of recycling post-use plastics.

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