Alpek joins Cyclyx, a recycled feedstock consortium

Reaffirming its commitment to foster circularity for Expandable Styrenics

Monterrey, N.L., Mexico. August 10, 2022 – Alpek, S.A.B. de C.V. (“Alpek” or “the Company”) announced today that its Expandable Styrenics subsidiary, Styropek S.A. de C.V., has joined Cyclyx International, LLC (“Cyclyx”), a consortium-based company, that focuses on establishing a circular pathway for plastic recycling through innovative methods. Having more feedstock available will significantly support Styropek’s EPS projected recycling capacity to achieve its circularity target: “Alpek commits to grow its long-term usage and sustainable applications for EPS, work on biodegradable alternatives, and increase recycling content in select products to at least 30% by 2030.”

Styropek’s EPS production is primarily used for long-term industries such as construction due to its thermal insulation properties which allow it to reduce the carbon footprint for homes and buildings. However, for its short-term usage products, the Company continues to establish its role as a leading recycler (as with PET), now through growth in Expandable Styrenics recycling. Through predictive algorithms and artificial intelligence, Cyclyx will deliver custom feedstock batches from waste with the necessary chemical and physical properties to ensure its recyclability.

“We are pleased to have joined Cyclyx as it will allow us to gain valuable recycled feedstock,” stated Andreas Plettner, Styropek CEO. “We are confident that Alpek’s target aligns well with Cyclyx’s mission to drive up recycling rates of plastics.”