Cyclyx welcomes freight railway BNSF to consortium and John Lovenburg to its executive advisory board
PORTSMOUTH, New Hampshire, USA, March 15, 2022 – Cyclyx International, a consortium-based supply chain innovation company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced BNSF Railway (BNSF), one of North America’s leading freight transportation companies, has joined the consortium and John Lovenburg, vice president of environment and sustainability at BNSF, will be joining Cyclyx’s executive advisory board (EAB).
As Cyclyx begins to scale its ability to divert more waste plastic from the landfill and into its new member-based supply chain systems for recycling, expertise in circular economy logistics and cost effective transportation solutions will become critical. BNSF, being a leader in the freight transportation and logistics industry with strong sustainability goals, will bring important insight and expertise to the consortium.
“BNSF Railway is pleased to join the Cyclyx consortium and we support its ambitious 90 percent plastics recycling mission,” said John Lovenburg, Vice President, Environment & Sustainability. “We look forward to contributing our expertise in circular economy logistics and rail solutions, and partnering and learning from the innovative member companies.”
“We’re excited to welcome BNSF to the consortium and Mr. Lovenburg to the EAB,” stated Joe Vaillancourt, CEO of Cyclyx. “With our increased member demand for customized plastic feedstock, we need to develop and/or optimize our logistics programs and we are excited to have BNSF as a member so we can leverage their expertise and current operations that will help in our collective mission to increase the recycling rate of plastic from 10% to 90%.”
Contacts
Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com
About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock supply chain innovator working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recycling rate of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of post-use 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, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership. For more information, visit us at www.cyclyx.com.
About BNSF
BNSF Railway is one of North America’s leading freight transportation companies. BNSF operates approximately 32,500 route miles of track in 28 states and also operates in three Canadian provinces. BNSF is one of the top transporters of consumer goods, grain and agricultural products, low-sulfur coal, and industrial goods such as petroleum, chemicals, housing materials, food and beverages. BNSF’s shipments help feed, clothe, supply, and power American homes and businesses every day. BNSF and its employees have developed one of the most technologically advanced, and efficient railroads in the industry. We work continuously to improve the value of the safety, service, energy, and environmental benefits we provide to our customers and the communities we serve. You can learn more about BNSF at www.BNSF.com.