Cyclyx International, Portsmouth New Hampshire, a consortium-based postuse plastic innovation company, has announced Pawtucket, Rhode Island-based Teknor Apex Co. as its newest member.
Founded in 1924, Teknor Apex is a family-owned company providing regulatory-compliant color and custom compounds to a variety of end markets.
According to Cyclyx, Teknor Apex is focused on diverting 75 percent of its waste from landfills and is aligned with the United Nations’ 2030 Agenda for Sustainable Development.
“We are delighted to announce our engagement with Cyclyx International, whose mission reflects our own long-standing commitment to sustainability. Our ability to deliver tailored solutions will be a critical enabler for our value chain partners to scale up projects with real environmental impact,” says Michael Roberts, chief innovation officer at Teknor Apex. “Joining Cyclyx, a network also committed to accelerating the implementation of circular solutions, promotes confidence, transparency, accessibility and consistency, all key attributes of both organizations and our sustainability journeys.”
“Teknor Apex is a valuable addition to the Cyclyx consortium,” says Ron Sherga, vice president of membership engagement at Cyclyx. “Their century of experience and forward-thinking mentality brings a remarkable perspective to the work that we are doing. We certainly see many possibilities, including their future involvement with our mission brand, 10to90, which will underscore Teknor’s emphasis on innovation and the development of necessary infrastructure to help drive the recycling rate for postuse plastic. Working together will enable us to continue to create new pathways for plastic recycling.”
Since the beginning of the year, Cyclyx has added multiple organizations to its growing consortium. Last month, the Galveston Island Park Board of Trustees, Galveston, Texas, joined the consortium to create circularity for end-of-life plastics collected on the island through the implementation of a Cyclyx 10to90 program. Stamford, Connecticut-based supply chain management company Freepoint Eco-Systems joined the consortium in July, and Clyde, Ohio-based Evergreen, a producer of recycled polyethylene terephthalate (rPET), joined in March.
As Teknor Apex prepares to celebrate its 100-year anniversary in 2024, decarbonization and digitization have become top priorities, Cyclyx says.
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