MOSCOW (MRC) -- Cyclyx International LLC., a consortium-based feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%, is in plans to start up first-of-its-kind plastic recovery facility on the Gulf Coast in late 2022, according to Chemical Engineering.
At present, the company is developing this facility to process waste plastics for committed offtake associated with advanced recycling projects on the Gulf Coast, such as the Baytown, Texas project recently announced by ExxonMobil.
Engineering work has already begun on the proposed facility. The facility is expected to process up to 60,000 metric tons of recycled plastic feedstock per year.
Cyclyx plans to develop a network of similar facilities, linked to committed offtake, to support growth in advanced recycling.
With its unique knowledge of plastic chemical characterizations, Cyclyx is designing the proposed facility to allow for processing of waste plastic feedstock customized to meet the needs of individual customer specifications.
Cyclyx will source post-use mixed waste plastic for the project via a range of existing sources while continuing to expand its collaboration with companies from across the value chain to develop circular solutions for difficult-to-recycle plastic waste.
As MRC wrote previously, in August 2021, Cyclyx International announced that LyondellBasell had joined Cyclyx as a founding member. LyondellBasell, one of the world’s largest producers of plastics and chemicals, is a leader in the effort to help advance the circular economy and has pledged to produce and market two million metric tons of recycled and renewable-based polymers annually by 2030.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,047,100 tonnes in the first ten months of 2021, up by 17% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,226,530 tonnes in January-October 2021, up by 26% year on year. Supply of propylene homopolymers (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding stat-copolymers of propylene (PP random copolymers) decreased significantly.