ExxonMobil takes 25% stake in Cyclyx recycling consortium

MOSCOW (MRC) -- ExxonMobil has joined Cyclyx International as a founding member, says Agilyx (Tigard, Oregon), which launched the consortium in June to leverage systems developed in-house to manage waste-plastic feedstock for chemical recycling, reported Chemweek. In exchange for an USD8 million investment, ExxonMobil will receive a 25% equity interest as well as prioritized access to pla

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