About us
At Xycle, we believe in a world where plastic waste is not a problem but an opportunity. Using our innovative technology, we transform plastic waste into valuable raw materials. Want to know more?
About us
At Xycle, we believe in a world where plastic waste is not a problem but an opportunity. Using our innovative technology, we transform plastic waste into valuable raw materials. Want to know more?
Together we give plastics a sustainable future
Our mission
For Xycle, plastic waste is not a problem but an opportunity. With our advanced recycling technology, driven by continuous improvement and R&D, we convert hard-to-recycle plastic into valuable raw materials for the chemical industry, directly reducing CO₂ emissions and dependence on fossil resources. This contributes to a circular economy with our own optimal ESG* footprint, driving stakeholder and shareholder satisfaction across the entire ecosystem such as governments, waste management companies, the chemical industry, consumers and others.
*ESG = Environmental, Social, and Governance: criteria for sustainability and corporate social responsibility.
OUR CORE VALUES
Collaboration & team spirit
We work effectively with others, based on mutual trust, open communication, and the pursuit of shared goals. We support each other, celebrate successes together, and learn from our mistakes.
Safety
We ensure a safe working environment where people are protected both physically and mentally. We identify risks, report them, and minimize them.
Innovation & continuous improvement
We strive and drive innovation and optimization by continuously improving our processes, products and services. We are flexible and respond quickly to changes.
Reliable
We are consistent in our words and actions. We deliver on our objectives, provide accurate and transparent information, and people can rely on one another. Additionally, we aim for top-tier reliability in our operations and technology—on par with the best in the benchmark industry.
Perseverance
Perseverance: We stay the course, even when things get tough. As a team we see obstacles not as roadblocks, but as challenges to be overcome with dedication, creativity, and determination.
We believe in a circular economy and are keen to make a positive contribution to a cleaner world.
READY FOR ROLL-OUT IN EUROPE AFTER A
17-YEAR DEVELOPMENT PROCESS
R&D
Testing and verification From lab-scale to demo
Full scale India
Market entry EU
Start maturation
Technology is further developed to meet environmental, legal and technical requirements within EU.
Partnerships with providers and off-takers have been established, financial close for the first commercial scale plant in Europoort reached in October ‘24
Start production
Start-up/commissioning of first 21 Ktonnes per year plant in the Europoort the Netherlands
Our partners
Dow is one of the world’s leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Dow is an equity owner of Xycle and an offtaker of circular feedstock from Xycle’s flagship advanced recycling plant in Rotterdam.
ING Sustainable Investments is the sustainable investment fund of ING Bank, a global financial institution with a strong European base and its headquarters in The Netherlands. As an equity owner of Xycle, alongside other investors, ING contributes to the construction of Xycle’s flagship advanced recycling plant in Rotterdam.
Invest-NL is the Dutch National Promotional Institution that supports sustainable and innovative and pioneering businesses with financing, expertise, and networks. Invest-NL is an equity owner of Xycle, alongside other investors, contributing to the construction of Xycle’s flagship plant in Rotterdam.
NoWIT is a sustainable technology project initiator with a wide network of partners based in the Netherlands and western Europe. NoWIT is an equity owner of Xycle, alongside other investors, contributing to the realization of Xycle’s flagship chemical recycling plant in Rotterdam by providing commercial feedstock services.
Polestar Capital is a specialized impact private debt investor from the Netherlands with over 15 years of experience. Polestar focusses on bridging funding gaps for climate action. Polestar has provided Xycle with a senior debt loan for the construction of Xycle’s flagship plant in Rotterdam.
Teknow is an engineering and manufacturing company for sustainable technology, including pyrolysis reactors, based in The Netherlands. Teknow is an equity owner of Xycle, alongside other investors, as a technology provider and supplier to the construction of Xycle’s flagship advanced recycling plant in Rotterdam.
At ports around the world, Vopak provides storage and infrastructure solutions for vital products that enrich everyday life, Vopak is headquartered in Rotterdam, the Netherlands. Vopak is an equity owner of Xycle, alongside other investors, contributing to the construction of Xycle’s flagship plant in Rotterdam.
