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Cyclyx International, LLC.

Full company profile

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Namestring
Cyclyx International, LLC.
Legal namestring
Cyclyx International, LLC.
Websiteurl
news.cision.com
Company typeenum
Private
Founded yearint
2004
Descriptiontext

Cyclyx International, LLC. is a US-based chemical recycling company whose mission is to increase the recyclability of plastics by converting mixed and contaminated plastic waste streams into circular feedstock suitable for new plastic production. The company's core technology centers on advanced chemical recycling processes, notably pyrolysis, deployed through purpose-built facilities called circularity centers that process plastic waste into feedstock usable by petrochemical manufacturers. The firm was established in 2021 as a joint venture between Norway-based Agilyx ASA, ExxonMobil, and LyondellBasell, with planned operational hubs in Houston and Dallas-Fort Worth, Texas, positioned to leverage proximity to Gulf Coast petrochemical infrastructure.

Cyclyx serves two primary customer segments: petrochemical companies seeking circular feedstock to meet recycled content mandates and sustainability targets, and industrial waste producers needing responsible disposal and valorization of mixed plastic waste streams that cannot be mechanically recycled. Its business model is B2B enterprise-focused, relying on long-term offtake agreements with major petrochemical counterparties — most notably a 50,000 tons per annum offtake with ExxonMobil — alongside processing fees for waste conversion. Revenue derives from transaction-based fees for chemical recycling processing services and feedstock sales under these offtake arrangements.

In early 2026, the company underwent a significant strategic restructuring in which parent Agilyx ASA assumed 100% ownership, transferring the Houston circularity center to joint ownership by ExxonMobil and LyondellBasell and unwinding the Final Investment Decision at the Dallas-Fort Worth facility. Agilyx signaled a strategic pivot toward European expansion via its acquisition of a 44% stake in GreenDot, reducing its US capital expenditure exposure. As of the most recent data, Cyclyx remains operating but with a substantially restructured asset base, anchored by the retained ExxonMobil offtake and the Dallas-Fort Worth facility under a long-term lease of approximately $32.7 million.

Short descriptiontext

Cyclyx International is a US chemical recycling company that converts mixed plastic waste into circular feedstock for petrochemical producers. It was formed as a joint venture between Agilyx ASA, ExxonMobil, and LyondellBasell, operating circularity centers in Texas under long-term offtake agreements.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersTigard, United States
HQ citystring
Tigard
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
chemical recycling services, plastic waste processing, circular feedstock production, pyrolysis recycling, plastic circularity centers
Industry3 codes
1Chemical/Advanced Recycling (Pyrolysis, Depolymerization, Solvolysis, Gasification)
CodeEUAIAKACPrimaryYes
2Chemical/Advanced Plastics Recycling (Depolymerization, Pyrolysis, Solvolysis)
CodeIMANAMADPrimaryNo
3Plastic Recycling Equipment & Technology Providers (Sorting, Washing, Extrusion)
CodeEUAIAKAMPrimaryNo
NAICS code2 codes
  • Materials Recovery Facilities56292
  • Petrochemical Manufacturing32511
SIC code2 codes
  • Sanitary Services4950
  • Refuse Systems4953
Product category
Plastic Recycling Services
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Chemical Recycling Processing Services
TypeTransaction Fee
Description

Processing plastic waste through chemical recycling to produce feedstock sold under long-term offtake agreements. Revenue derived from processing fees and product sales to partners like ExxonMobil.

tradingview.com
2Circular Feedstock Sales
TypeTransaction Fee
Description

Sale of processed plastic feedstock to petrochemical companies including ExxonMobil and LyondellBasell under offtake agreements.

wastedive.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Cyclyx International, LLC. operates chemical recycling processing services that convert mixed plastic waste streams into circular feedstock suitable for new plastic production. The company was developing purpose-built circularity centers in Texas (Houston and Dallas-Fort Worth) and secured a 50,000 tons per annum offtake agreement with ExxonMobil for processed chemical recycling output.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • 50,000 tons per annum processing capacity under offtake agreement
Product overview1 text field

Cyclyx International, LLC. is a joint venture (between Agilyx, ExxonMobil, and LyondellBasell) focused on chemical recycling of plastics. The company was developing two planned circularity centers in Texas - Houston Circularity Center 1 and Dallas-Fort Worth Circularity Center 2. As of the most recent sources (early 2026), Agilyx was in the process of assuming 100% ownership of Cyclyx International (expected by March 25, 2026), with the restructuring involving transfer of Houston Circularity Center 1 to existing JV partners and unwinding of the Final Investment Decision at the Dallas-Fort Worth facility. The company retained a 50,000 tons per annum offtake agreement with ExxonMobil.

Product and service1 record
1Chemical Recycling Processing Services
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
1ExxonMobil
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-05
Description

Joint venture partner and major customer. Taking joint ownership of Houston Circularity Center 1 with LyondellBasell. Holder of 50,000 tons per annum offtake agreement for processed chemical recycling output.

2LyondellBasell
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-05
Description

Joint venture partner taking ownership of Houston Circularity Center 1 with ExxonMobil as part of February 2026 restructuring agreement. Provides access to major petrochemical manufacturing capabilities.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Cyclyx International, LLC.

Plastic Recycling Servicesnews.cision.com

Cyclyx International is a US chemical recycling company that converts mixed plastic waste into circular feedstock for petrochemical producers. It was formed as a joint venture between Agilyx ASA, ExxonMobil, and LyondellBasell, operating circularity centers in Texas under long-term offtake agreements.

What Cyclyx International, LLC. does

Cyclyx International, LLC. is a US-based chemical recycling company whose mission is to increase the recyclability of plastics by converting mixed and contaminated plastic waste streams into circular feedstock suitable for new plastic production. The company's core technology centers on advanced chemical recycling processes, notably pyrolysis, deployed through purpose-built facilities called circularity centers that process plastic waste into feedstock usable by petrochemical manufacturers. The firm was established in 2021 as a joint venture between Norway-based Agilyx ASA, ExxonMobil, and LyondellBasell, with planned operational hubs in Houston and Dallas-Fort Worth, Texas, positioned to leverage proximity to Gulf Coast petrochemical infrastructure.

Cyclyx serves two primary customer segments: petrochemical companies seeking circular feedstock to meet recycled content mandates and sustainability targets, and industrial waste producers needing responsible disposal and valorization of mixed plastic waste streams that cannot be mechanically recycled. Its business model is B2B enterprise-focused, relying on long-term offtake agreements with major petrochemical counterparties — most notably a 50,000 tons per annum offtake with ExxonMobil — alongside processing fees for waste conversion. Revenue derives from transaction-based fees for chemical recycling processing services and feedstock sales under these offtake arrangements.

In early 2026, the company underwent a significant strategic restructuring in which parent Agilyx ASA assumed 100% ownership, transferring the Houston circularity center to joint ownership by ExxonMobil and LyondellBasell and unwinding the Final Investment Decision at the Dallas-Fort Worth facility. Agilyx signaled a strategic pivot toward European expansion via its acquisition of a 44% stake in GreenDot, reducing its US capital expenditure exposure. As of the most recent data, Cyclyx remains operating but with a substantially restructured asset base, anchored by the retained ExxonMobil offtake and the Dallas-Fort Worth facility under a long-term lease of approximately $32.7 million.

Cyclyx International, LLC. firmographics

Firmographics
Name
Cyclyx International, LLC.
Legal name
Cyclyx International, LLC.
Website
https://news.cision.com
Company type
Private
Founded year
2004
Operating status
Operating
Headcount range
11–50 employees
Short description
Cyclyx International is a US chemical recycling company that converts mixed plastic waste into circular feedstock for petrochemical producers. It was formed as a joint venture between Agilyx ASA, ExxonMobil, and LyondellBasell, operating circularity centers in Texas under long-term offtake agreements.
Ownership category
akta.pro rank

Cyclyx International, LLC. industry classification

Industry
Product category
Plastic Recycling Services
NAICS
Materials Recovery Facilities (56292), Petrochemical Manufacturing (32511)
SIC
Sanitary Services (4950), Refuse Systems (4953)
akta.pro primary industry
Chemical/Advanced Recycling (Pyrolysis, Depolymerization, Solvolysis, Gasification) (EUAIAKAC)
akta.pro secondary industries
Chemical/Advanced Plastics Recycling (Depolymerization, Pyrolysis, Solvolysis) (IMANAMAD), Plastic Recycling Equipment & Technology Providers (Sorting, Washing, Extrusion) (EUAIAKAM)

Keywords

  • Chemical recycling services
  • Plastic waste processing
  • Circular feedstock production
  • Pyrolysis recycling
  • Plastic circularity centers

Where Cyclyx International, LLC. is headquartered

Location

Headquarters

HQ city
Tigard
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Cyclyx International, LLC. business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D

Revenue model

  1. Chemical Recycling Processing Services: Processing plastic waste through chemical recycling to produce feedstock sold under long-term offtake agreements. Revenue derived from processing fees and product sales to partners like ExxonMobil.
  2. Circular Feedstock Sales: Sale of processed plastic feedstock to petrochemical companies including ExxonMobil and LyondellBasell under offtake agreements.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Cyclyx International, LLC. product offering

Product offering

Core offering

Cyclyx International, LLC. operates chemical recycling processing services that convert mixed plastic waste streams into circular feedstock suitable for new plastic production. The company was developing purpose-built circularity centers in Texas (Houston and Dallas-Fort Worth) and secured a 50,000 tons per annum offtake agreement with ExxonMobil for processed chemical recycling output.

Product overview

Cyclyx International, LLC. is a joint venture (between Agilyx, ExxonMobil, and LyondellBasell) focused on chemical recycling of plastics. The company was developing two planned circularity centers in Texas - Houston Circularity Center 1 and Dallas-Fort Worth Circularity Center 2. As of the most recent sources (early 2026), Agilyx was in the process of assuming 100% ownership of Cyclyx International (expected by March 25, 2026), with the restructuring involving transfer of Houston Circularity Center 1 to existing JV partners and unwinding of the Final Investment Decision at the Dallas-Fort Worth facility. The company retained a 50,000 tons per annum offtake agreement with ExxonMobil.

Differentiator

Problem solved

Functional benefit

Products and services

  • Chemical Recycling Processing Services

Quantifiable outcome

  • 50,000 tons per annum processing capacity under offtake agreement

Companies that use Cyclyx International, LLC.

Customer profile

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Cyclyx International, LLC. technology and API

Technology

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Cyclyx International, LLC. partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • ExxonMobilcoreStrategic or Co-development Partner · 5 February 2026Joint venture partner and major customer. Taking joint ownership of Houston Circularity Center 1 with LyondellBasell. Holder of 50,000 tons per annum offtake agreement for processed chemical recycling output.
  • LyondellBasellcoreStrategic or Co-development Partner · 5 February 2026Joint venture partner taking ownership of Houston Circularity Center 1 with ExxonMobil as part of February 2026 restructuring agreement. Provides access to major petrochemical manufacturing capabilities.

Scale indicators3 records

Recent moves7 records

Expansion highlights2 records

Cyclyx International, LLC. competitors and assessment

Company assessment

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Customer concentration

Cyclyx International, LLC. social profiles

Digital presence

Cyclyx International, LLC. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Cyclyx International, LLC. leadership team

Management profile

Number of profiles

Profiles1 record

Cyclyx International, LLC. funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Cyclyx International, LLC. M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cyclyx International, LLC.

What does Cyclyx International, LLC. do?

Cyclyx International, LLC. operates chemical recycling processing services that convert mixed plastic waste streams into circular feedstock suitable for new plastic production. The company was developing purpose-built circularity centers in Texas (Houston and Dallas-Fort Worth) and secured a 50,000 tons per annum offtake agreement with ExxonMobil for processed chemical recycling output.

Is Cyclyx International, LLC. a public or private company?

Cyclyx International, LLC. is a private company. It is classified as corporate owned and is currently operating.

When was Cyclyx International, LLC. founded?

Cyclyx International, LLC. was founded in 2004. It employs 11 to 50 people.

Where is Cyclyx International, LLC. based?

Cyclyx International, LLC. is headquartered in Tigard, United States, in the North America region.

How does Cyclyx International, LLC. make money?

Two revenue lines are on record. Chemical Recycling Processing Services are the primary driver. The others are circular Feedstock Sales.

Does Cyclyx International, LLC. have an API?

No public API is recorded for Cyclyx International, LLC..

What industry is Cyclyx International, LLC. in?

Cyclyx International, LLC.'s product category is Plastic Recycling Services. Its primary akta.pro industry code is EUAIAKAC, Chemical/Advanced Recycling (Pyrolysis, Depolymerization, Solvolysis, Gasification), with a secondary code of IMANAMAD, Chemical/Advanced Plastics Recycling (Depolymerization, Pyrolysis, Solvolysis). Its NAICS code is 56292 and its SIC code is 4950.

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Live signals
PR NewswireAgilyx announces Final Investment Decision for Second Cyclyx Circularity CenterCyclyx International, a joint venture among Agilyx, ExxonMobil, and LyondellBasell, has reached a final investment decision for a second plastic circularity center (CCC2) in the Dallas/Fort Worth, Texas area. The three companies are investing $135 million total, with the facility expected to start up in the second half of 2026 and process approximately 300 million pounds of plastic waste feedstock annually. Combined with the existing CCC1, the network will have capacity for 600 million pounds of feedstock annually, supporting the circular economy for plastics.PR NewswireCyclyx to Invest in Second Cyclyx Circularity CenterCyclyx International, a joint venture among Agilyx, ExxonMobil, and LyondellBasell, has reached a final investment decision for its second Circularity Center (CCC2) located in Fort Worth, Texas. The partners are investing $135 million to fund the facility, which is expected to start operations in late 2026 with an annual capacity of 300 million pounds of plastic waste feedstock. This expansion complements the first center in Houston and aims to create over 100 local jobs while supporting the growing demand for advanced recycling infrastructure.PR NewswireCyclyx Introduces Brokerage Services to Provide New Recycling Options to Divert More Plastics from LandfillCyclyx International has launched Cyclyx Brokerage Services to sell post-use plastic streams that are unsuitable for its primary Circularity Center to other mechanical or advanced recycling customers. This initiative leverages chemical profiling to find diverse recycling options, aiming to increase the proportion of plastic diverted from landfills and support the company's 10to90 mission.PR NewswireNewpark announced as the newest Cyclyx consortium memberCyclyx International announced that Newpark Resources, Inc. has joined its consortium focused on increasing plastic recyclability from 10% to 90%. Newpark will contribute its technology assets and infrastructure to support the consortium's circular plastic ecosystem initiatives.PR NewswireEvergreen announced as the newest member of the Cyclyx consortiumCyclyx International announced the addition of Evergreen as the newest member of its consortium, which aims to increase plastic recyclability from 10% to 90%. Evergreen, North America's largest producer of recycled PET, brings expertise in food and non-food grade rPET to support the consortium's take-back programs and recycling collaborations. The partnership aligns both organizations' shared goal of diverting post-use plastics from landfills into recycling streams.GlobeNewswireSavage Joins Cyclyx 10 to 90® Program to Help Reduce Plastic WasteSavage, a supply chain partner, joined Cyclyx to help increase plastic recycling from 10% to 90%. Savage manages over 3.5 million tons of plastic annually and will work with Cyclyx's circularity centers to divert waste plastic from landfills.PR NewswireHouston Recycling Collaboration launches first Cyclyx 10 to 90® program, expanding collection to nearly all plastics in Kingwood, Texas, communityCyclyx International and the Houston Recycling Collaboration launched the first Cyclyx 10 to 90® takeback program in Kingwood, Texas, expanding plastic recycling acceptance to nearly all types of plastics. The pilot initiative collected 3,900 pounds of waste in its first weekend and serves as a precursor to the planned Cyclyx Circularity Center, which aims to process mixed waste plastics starting in 2024.