FAQ
This Frequently Asked Questions section addresses topics such as our markets, our impact on the environment and our dependency on oil prices. Please contact us if you have additional questions not addressed here.
Where are you headquartered?
We are located in Tigard, Oregon, a suburb of Portland.
Can you process any kind of plastic?
Yes, our system is versatile enough to handle all types of plastic...1-7.
What is the stock symbol for Agilyx and how can I get investor information?
Agilyx is a privately held alternative energy company and does not have a stock symbol.
Are you permitted to operate in the United States?
We are fully permitted in Oregon, with additional projects underway in other states.
Have you performed a Greenhouse Gas/Carbon Footprint analysis?
Yes. The results show that the net carbon footprint of Agilyx’s technology is favorable.
What is your target market(s)?
From a mixed waste plastic supply perspective, we intend to sell, license or otherwise provide our technology to large producers and/or recyclers of waste plastic (post-industrial market segment). Also, material recovery facilities (MRFs) and transfer stations (post-consumer market segment) throughout the world are a target market, as well as other niche applications. At the same time, the synthetic crude oil produced by our systems is sold to refiners or specialty petrochemical processors, or it is consumed on-site.
Who are your competitors?
This is an emerging market...a blue ocean market. In the coming years, there will likely be several new entrants along with Agilyx.
What kinds of petroleum products are produced by your technology?
Primarily ultra-sweet, synthetic crude oil, which can subsequently be refined either onsite via standard microrefinery technology or at existing refineries. But other valuable ancillary petroleum products may be produced as well.
How much plastic does it take to make a gallon or barrel of oil?
It totally depends on the waste plastic feedstock, but an average of 8.5-10 pounds of plastic for one gallon of synthetic crude oil is a reasonable conversion factor.
What if the price of oil drops?
The era of cheap oil is over - new discoveries are generally harder to find, more expensive to extract, more expensive to refine, and/or in environmentally sensitive areas. And the alternatives to the Middle East (Caspian Sea basin, African sub-continent, South America) have the same types of political unrest we find in the Middle East. The world is now consuming around 1000 barrels of oil per second, so the prices are likely to remain elevated, over time. Still, our business is viable even if prices decline.