245Recycle, a Houston-based advanced plastic recycling company, announced that it has become a member of the Cyclyx Consortium. Cyclyx is a post-use plastic innovator that develops solutions to unlock plastic’s recycling potential. Its Consortium fosters collaboration among industry leaders from various sectors and communities. Through membership, 245Reycle looks to advance its goals of collecting and converting post-consumer plastics into chemical building blocks.
“Membership in the Cyclyx Consortium is a significant step in developing our long-term strategic goals,” said Peter Fasullo, Chief Commercial Officer at 245Recycle. “Our research shows that over 1 million metric tons per year of plastics suitable for advanced recycling end up being landfilled in Texas alone. We look forward to collaborating with Cyclyx and leveraging their expertise as we develop solutions for waste plastic recycling.”
“With our aligned goals, there is a natural synergy to welcome 245Recycle to the Consortium,” said Ron Sherga, Vice President, New Market Development of Cyclyx. 245Recyle is headquartered in Houston, TX, where Cyclyx has 10to90 landfill-diversion programs currently operating and where our first Cyclyx Circularity Center will open in mid-2025. Based on our proximity and shared circularity goals, we look forward to collaborating and helping one another scale our efforts to increase the recyclability of plastic waste.”