# LyondellBasell acquires 25% stake in Cyclyx, joint venture of Agilyx and ExxonMobil

LyondellBasell acquired a 25% equity ownership in Cyclyx, the joint venture between Agilyx and ExxonMobil, to accelerate US plastics circularity infrastructure.

- Type: Acquisition
- Announced: 2023-11-03
- Where: United States
- Status: completed
- Products: recycled plastics feedstock
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [ExxonMobil](https://endata.com/companies/1345.md) (partner)
- [LyondellBasell](https://endata.com/companies/1444.md) (investor)
- [Agilyx](https://endata.com/companies/5878.md) (partner)
- [Cyclyx](https://endata.com/companies/11195.md) (target)

## Sources

- [packaginginsights.com](https://www.packaginginsights.com/news/beyond-the-headlines-smurfit-kappa-shares-trading-update-lyondellbasell-acquires-equity-ownership-of-agilyx-and-exxonmobil.html), 2023-11-03: "LyondellBasell acquired 25% equity ownership of the joint venture between Agilyx and ExxonMobil."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.