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Savage Partners with Cyclyx to Increase Recycling Rates up to 90%


Savage, a supply chain partner to the plastics and chemicals industry, has joined Cyclyx, a consortium-based company working to divert plastics from landfills and increase plastic recycling rates from 10% to 90%.
Modernizing Supply Chain for Waste Plastic
Savage works to responsibly and safely move and manage over 3.5 million tons of plastic materials annually through its network of transload terminals and other sites across North America.
The company also participates in the Operation Clean Sweep® and Responsible Care® programs to help contain plastic resins and keep the environment and waterways safe and clean.
We’re excited to join with Cyclyx and other industry partners, including some of our customers, to drive innovations that enable more plastic to be recycled and to significantly reduce plastic waste,” said Kirk Aubry, Savage president and CEO. “We hope our supply chain expertise can help create a more sustainable future by modernizing the supply chain for waste plastic and reducing the environmental impacts.
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Giving Post-Use Plastics New Life
Today, only 10 percent of the world’s post-use plastic gets recycled, relying on fragmented, inefficient systems. Valuable plastics end up in landfills, incinerators, and the environment, partly due to the chemical complexity and variety of post-use plastics and the use of existing infrastructure not designed for the circular economy. Advanced recycling allows these plastics to be reused as feedstock in the refinery process, chemically broken down into raw materials used to create new plastic pellets.
We’re pleased to welcome Savage as members in Cyclyx and look forward to working together to divert post-use plastic from landfills through our 10 to 90® programs,” said Joe Vaillancourt, CEO of Cyclyx. “Our objective is to transform the recycling industry and give post-use plastics new life by providing customized feedstocks for our customers to use in their recycling technologies that convert this valuable material back into its original building blocks for reuse.”
New circularity centers in development by Cyclyx will allow a more significant amount of waste plastic to be transformed into usable feedstock than is possible with today's recycling infrastructure.
Source: Cyclyx




Publication date: 02/02/2023

Omnexus (news)

      

This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 870292.