Agilyx Research Center – The ARC
With more than a decade of experience as plastic depolymerization and chemical recycling industry leaders, Agilyx is at the forefront of developing break-through technologies and processes to help solve the problem of plastic waste.
Driving innovation
The ARC is an innovative R&D lab dedicated to developing sustainable solutions for plastic waste that support the move towards plastic circularity.
Services we provide
The ARC provides a range of services including characterization and identification of plastic streams that can be turned into feedstock sources matched to advanced recycling processes. Projects range from small-scale lab, through pilot plant, to full-scale identification and design of commercial facilities.
Expertise in chemical characterization of plastic waste
Using our extensive polymer and mixed polymer expertise (including co-polymers, binders, multi-layers), plastic sources can be matched to provide rapid turnaround of suggested pathways. Follow-up with physical characterization, pilot-scale processing, pre and post-processing treatment and sample generation provide data that can be used as design input for full-scale process design projects.
Helping our customers recycle plastic waste
Do you have waste or a hard-to-recycle plastic?
Do you want to investigate the potential pathways to turning that material into useful products via advanced recycling?
Do you want to do a feasibility study for recycling of large volumes of material?
We can create a custom project plan to match your requirements and budget from “Can I recycle this material?” to “I want to build a large commercial facility” and all points in-between.
Products and Services
Discover our solutions for
plastic waste
Products & Services
Plastic waste solutions
From feedstock management to advanced recycling technology, Agilyx provides solutions that help shift our world from a linear, “make-take-waste” economy, to a more sustainable “retrieve-restore-recycle” economy, aiding the transition to a lower-carbon future.
Our Solutions
Styrenyx
Agilyx’s proprietary advanced recycling technology for polystyrene waste, available for licensing and equipment sourcing
TruStyrenyx
Agilyx’s shared polystyrene waste to a styrene monomer platform combining Styrenyx depolymerization and Technip Energies’ purification technologies
Agilyx Research Center Services
The Agilyx Research Center (the ARC) provides a range of services to characterize and identify plastic streams that could be turned into feedstock sources and match those to advanced recycling processes. Projects can range from small-scale lab, through pilot plant to full-scale identification and design of commercial facilities.
Rapid matching using our extensive
feed-to-product expertise
Bench & pilot-Scale advanced depolymerization
Feed, product and by-product physical and chemical analysis
Feed characterization services
Generation of multi-liter quantities of products for evaluation purposes
Packaged Feasibility Studies
Detailed feedstock specification definition
Pre- and post-process treatment
Providing Experimental Data Inputs for scale-up & commercial designs
Our Services
Agilyx’s technical services leverage decades of expertise in chemical technology to deliver innovative, scalable solutions for plastic waste. From process design to operator training, our team provides the technical knowledge and support needed to optimize recycling systems and drive circularity.
Technical Collaborations
Includes R&D design and technical services – from a process design package (PDP) to detailed design, integration, permitting support, and other project support needs
Equipment Supply
Agilyx will source, sell and supply all necessary equipment for our depolymerization process, including our proprietary pyrolysis reactor and oil conditioning system
Commissioning Services
Services to commission the supplied core equipment, provide integration support,
and basic operational training
Operator Training Program
We offer a comprehensive “train-the-trainer” program to ensure customers produce the maximum value from the process
With decades of expertise in plastics and advanced recycling, Agilyx has developed a deep understanding of the chemical complexity of plastic waste. Our knowledge drives innovation, enabling scalable solutions that transform plastic waste into valuable resources.
Dr. Chris Faulkner, Chief Techology Officer
To solve the plastic recycling problem, collaboration is key Across the value chain, Agilyx excels as a collaborator in solving the plastic waste problem.
We understand that recycling is never a one-size-fits-all solution. Our flexible approach allows us to tailor solutions for our customers’ specific needs.
Make an inquiry
Across the value chain, Agilyx excels as a collaborator in solving the plastic waste problem.
We understand that recycling is never a one-size-fits-all solution. Our flexible approach allows us to tailor solutions for our customers’ specific needs.
Why invest in Agilyx?
Agilyx is a publicly traded, technology-agnostic leader in the plastic recycling sector, trusted by blue-chip partners. We present a strong, diversified-exposure investment opportunity in the advanced recycling industry with funded projects that promote future growth and present a clear path to profitability.
Agilyx at a glance
A publicly traded company
Listed on the Oslo Stock Exchange (OSE) since September 2022, with a market capitalization* of NOK 2.93b (USD 280m)
*As of 29 April 2025
Two industrial-scale Cyclyx Circularity Centers in construction
With a total capital cost of USD 270m, the centers have a combined capacity to produce approximately 300ktpa of custom feedstock.
On advanced recycling technology
Eight generations of technology development, a polystyrene waste recycling facility running on Styrenyx advanced recycling technology licensed to Toyo Styrene (a member of Denka Group), and 22 patents active in North America, the Middle East, Mexico and Asia.
Given the complexity of plastics, and the difficulty in sourcing post-use plastics,
feedstock availability is a enormous industry BOTTLENECK
With seven primary types of plastic and countless combinations of additives and contaminants, the plastic waste stream is incredibly complex and poses significant challenges for recyclers. Despite high demand for quality feedstock, many materials including films, foams, and multi-layer packaging are not widely accepted in curbside programs, leading to inconsistent recovery and limited supply. Adding to this challenge, each recycling technology requires a specific feedstock profile to operate efficiently.
Plastyx will address the feedstock supply shortage
New regulations and increased consumer environmental awareness are pressuring brands to increase their recycled content targets.
By 2030, advanced recycling supply capacity will lag announced required demand by 50%. This creates a significant challenge accessing appropriate feedstock to supply advanced recycling production facilities.
Plastyx is rising to the challenge by acting as a feedstock aggregator and pretreatment processor of European-sourced plastic waste
Source: ICIS, Plastyx Market Intelligence, McKinsey
New regulations and increased consumer environmental awareness are pressuring brands to increase their recycled content targets.
By 2030, advanced recycling supply capacity will lag announced required demand by 50%. This creates a significant challenge accessing appropriate feedstock to supply advanced recycling production facilities.
Plastyx is rising to the challenge by acting as a feedstock aggregator and pretreatment processor of European-sourced plastic waste
Source: ICIS, Plastyx Market Intelligence, McKinsey
Cyclyx offers tailored feedstock solutions for recycling technologies
Cyclyx stands alone in creating custom-formulated feedstock derived from post-use plastics for both advanced and mechanical recycling processes. Precision is made possible through proprietary technology encapsulating an extensive database cataloging the complexity of post-use plastics, chemical characterization and management, and state-of-the-art sortation and processing.
Cyclyx stands alone in creating custom-formulated feedstock derived from post-use plastics for both advanced and mechanical recycling processes. Precision is made possible through proprietary technology encapsulating an extensive database cataloging the complexity of post-use plastics, chemical characterization and management, and state-of-the-art sortation and processing.
Two Cyclyx Circularity Centers in the pipeline
The first center is under construction in Houston and is expected to start operations in 2025. The second is located in Dallas-Fort Worth, with an expected start of operations in 2026.
Strong growth in feedstock demand is supported by market conditions, presenting a unique investment opportunity in plastic recycling infrastructure.
There is substantial profit potential in the recycled plastics market
$2,000 per metric ton
Significant margins of up to $2,000 per metric ton available throughout the value chain
McKinsey: A unique moment in time: Scaling plastics circularity
$1,500 premium
Plastics derived from advanced recycling processes are commanding a premium, often selling for $1,500 or more per metric ton compared to traditional fossil fuel-based plastics.
McKinsey: Beyond the Bottle: Solutions for recycling challenging plastics
Premiums driven by a significant supply-demand imbalance
These high premiums are driven by a significant supply-demand imbalance. The availability of feedstock for advanced recycling lags behind announced capacity by as much as 60%.* Addressing this demand highlights the vital importance of Cyclyx Circularity Centers in fostering circularity and improving the handling of post-use plastic waste.
*Wood Mackenzie
Agilyx is changing the way the world recycles
Agilyx is dedicated to solving the problem of plastic waste by supplying feedstock derived from post-use plastics to the recycling industry, and by developing and marketing innovative, advanced recycling technology.
About us
Solving the plastic waste crisis will require paradigm-breaking systems and technology.
At Agilyx, we are turning plastic waste into a valuable resource that can be used in the production of virgin-equivalent recycled plastic.
Ranjeet Bhatia, CEO
Increasing the recyclability of post-use plastics
Offering solutions for plastic waste through advanced recycling technology and feedstock processing capabilities
Our Solutions
Cyclyx
Cyclyx is a joint venture among Agilyx (50%), ExxonMobil (25%), and LyondellBasell (25%) to convert post-use plastic waste into high-quality feedstock for both mechanical and advanced recycling applications.
Styrenyx
We license our depolymerization technology for polystyrene waste to customers. With this license, we source, sell and supply all the necessary core equipment to make the project successful.
Agilyx Research Center
Through a collaborative approach, we offer design and engineering services, engineering integration, permitting support and other project support services that are tailored to our customers’ recycling needs.
Plastyx
Plastyx is a European-sourced feedstock supplier to the global advanced recycling industry. The company will create partnerships and material processing capabilities to rapidly scale the availability of high-quality polymers for food contact and other technical packaging applications.
Investing in
solutions for plastic waste
Agilyx offers a compelling investment opportunity within the recycling industry, with well-funded projects driving growth and a clear pathway to profitability.
Moving towards a
lower-carbon future
Working with our customers, we are creating and supporting circular models where plastics can be used and recycled again and again. Closing the loop keeps plastics out of landfills and our environment, reduces demand for fossil resources like oil and gas, and lowers greenhouse gas emissions by replacing virgin plastic production with recycled content.
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, is proud to announce that its depolymerization technology was successfully demonstrated during commissioning of Toyo Styrene’s 10 ton-per-day chemical recycling facility in Japan.
The recycling plant will convert post-use polystyrene into a styrene monomer enabled by Agilyx depolymerization technology. The styrene monomer will then be converted back into high value polystyrene products which bear a significantly lower carbon footprint than similar products made with virgin monomer.
Construction of the facility was completed in March 2024, at which time the commissioning process began. Last week, polystyrene was successfully depolymerized and converted to on-specification product during commissioning. The Toyo Styrene plant showcases the latest generation of Agilyx’s technology.
“The successful production of on-spec product during the commissioning process at Toyo’s facility is an exciting milestone,” stated Russ Main, interim CEO for Agilyx. “This achievement demonstrates the efficacy of Agilyx’s technology and brings us one step closer to project completion on the first polystyrene chemical recycling facility in Japan.”
Agilyx and Toyo will continue to partner and optimize the facility over the next few months.
For media inquiries:
communications@agilyx.com
For investor inquiries:
investors@agilyx.com
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 agilyx.com, subscribe to our newsletter or follow us on LinkedIn.
OSLO, Norway – February 29, 2024 – 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 has reached an agreement with Americas Styrenics (AmSty), its joint venture partner, to close Regenyx after successfully achieving the objectives defined in its five year formation agreement.
Regenyx, located in Tigard, Oregon (US), is a 50/50 joint venture between AmSty and Agilyx. The company converts post-use polystyrene back into its original components for production under AmSty’s PolyRenew® label. Regenyx showcases Agilyx depolymerization technology and enables AmSty to produce new polystyrene that is used to make products with the same quality and durability as virgin plastic. Over the course of the five-year project, Regenyx diverted over 6 million pounds of post-use polystyrene waste from landfills.
“Because of Regenyx, the new circular plastics economy now has a place for polystyrene, and this essential material that improves people’s lives has even more potential for growth,” said Tim Barnette, AmSty vice president of polymers and sustainability. “AmSty is proud to have been part of this long-term project that proves advanced recycling of polystyrene is not only feasible, it is the future.”
“We are very proud of our team and our company for the important work we’ve done over the past five years in Tigard,” said Russ Main, interim CEO of Agilyx. “Building this first-of-its-kind circular recycling model for polystyrene in the US opened the door for Agilyx to progress additional commercial projects, such as the Toyo Styrene plant in Japan which is nearing completion of commissioning and will showcase the latest generation of Agilyx technology.”
The Regenyx venture achieved many milestones including establishment of ISCC PLUS certification for the demonstrated circular pathway. The venture also allowed both parent companies to develop and progress additional projects and pathways at larger scale. Having successfully delivered its defined project objectives, Agilyx and AmSty will decommission the Regenyx venture at the end of the five-year agreement. The plant will cease operations by April 30, 2024, alongside the wind down of the venture.
For media inquiries:
Melanie Burger
Director, Corporate Communications
communications@agilyx.com
For investor inquiries:
Louise Bryant
SVP, Investor Relations & Sustainability
+44 7813 210 809
investors@agilyx.com
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.