PORTSMOUTH, New Hampshire, USA, May 12, 2022 – Cyclyx International, a consortium-based post-use plastic innovation company with a mission to help increase the recyclability of plastic from 10% to 90%, announced that Advanced Drainage Systems, Inc. (ADS) (NYSE:WMS) has joined the group.
ADS is a leading manufacturer of plastic stormwater management products, including drainage pipe which can be made with recycled content. Its products are used in the stormwater, sanitary sewer and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture industries. As a consortium member, ADS will gain access to Cyclyx’s unique programs that increase the diversion of post-use plastics. This will enable ADS to increase recycled content in its products from 500 million to one billion pounds annually by 2032.
“Joining Cyclyx supports the sustainability goals recently published in the 2021 Sustainability Report,” stated Scott Barbour, ADS president and CEO, “and will help ADS to expedite our goal of keeping one billion pounds of plastic from landfills and the waste stream. Being part of Cyclyx aligns with our 10-year sustainability goals that highlight our continued commitment to using recycled plastic, reducing the impact of our energy footprint and safeguarding the environment, while helping to manage the world’s most precious resource, water,” Barbour explained.
“We’re excited to welcome ADS to Cyclyx,” stated Joe Vaillancourt, CEO of Cyclyx. “Their ambitious goals for using recycled content in their products and their focus on sustainability align well with everything that Cyclyx is trying to achieve with our mission to help increase the recyclability of plastic from 10% to 90%.”
Media Contact
Melanie Burger
Director, Corporate Communications
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Tori Durliat
Director of Marketing – Advanced Drainage Systems, Inc.
[email protected]
419-424-8275
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 help increase the recyclability 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 Advanced Drainage Systems, Inc.
Advanced Drainage Systems is a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplace. For more than 50 years, the Company has been manufacturing a variety of innovative and environmentally friendly alternatives to traditional materials. Its innovative products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. The Company has established a leading position in many of these end markets by leveraging its national sales and distribution platform, overall product breadth and scale and manufacturing excellence. Founded in 1966, the Company operates a global network of 63 manufacturing plants and 32 distribution centers. To learn more about ADS, please visit the Company’s website at www.adspipe.com.