Agilyx ASA (OSE: AGLX; OTCQX: AGXXF) subsidiary Cyclyx International has announced that Cyclyx Circularity Center (CCC1) is located at Houston Tradeport Building 2—a master-planned industrial park.

Cyclyx is converting an existing warehouse into a state-of-the-art facility designed to accept and process plastics for use in a range of recycling technologies. Procurement efforts are on schedule and construction remains on track for start-up mid-2025.

In addition, Cyclyx has begun site location and feedstock analysis for its second CCC, which when operational would bring the combined annual output capacity of CCC1 and CCC2 to approximately 600 million pounds (270 kta) of plastic feedstock. Cyclyx anticipates taking a final investment decision on its second CCC mid 2024. The company will provide further updates as development progresses.

Enquiries

Louise Bryant, SVP Investor Relations and Sustainability
+44 7813 210 809
Louise.bryant@agilyx.com