Agilyx ASA (OSE: AGLX; OTCQX: AGXXF) (“Agilyx” or “the company”), a technology company that enables customers to recycle the most challenging post-use plastics to high value, virgin-equivalent products, announced today that it is continuing to make exciting progress on its project with Toyo Styrene to create the first polystyrene chemical recycling facility in Japan.
Following successful US factory acceptance testing in May of the equipment modules that will power Toyo Styrene’s plant and their shipment to Japan, the Agilyx and Toyo teams have worked together to complete site preparation and reassembly of the 10 ton per day system. The project remains on track to complete the commissioning process in the first quarter of 2024. Pictures of the facility can be found on the company’s blog(https://www.agilyx.com/progress-update-on-toyo-styrene-chemical-recycling-facility-powered-by-agilyx-technology/).
ABOUT AGILYX
Agilyx ASA is a technology company that enables customers to recycle difficult-to-recycle post-use plastics to high value, virgin-equivalent products. With a focus on diversion and conversion of plastic waste, Agilyx is uniquely positioned with a chemical recycling technology offering and an integrated feedstock solution by way of Cyclyx, an innovative feedstock management consortium of partners that drives up global plastic recycling rates by chemically fingerprinting plastic waste and matching it to appropriate recycling processes. Agilyx was the first to establish a commercial scale waste polystyrene chemical recycling facility via pyrolysis enabling closed loop polystyrene plastic-to-plastic and holds 20 patents. Agilyx conversion technology utilizes pyrolysis without a catalyst and can convert mixed waste plastic to naphtha and fuels or depolymerize specific plastics such as polystyrene and PMMA (acrylic) back into virgin-quality products. Learn more at www.agilyx.com or follow us on Linkedin.
CONTACTS
For investor inquiries:
Louise Bryant
SVP, Investor Relations & Sustainability
+44 7813 210 809
louise.bryant@agilyx.com