Advanced Recycling Technology will support national goal to increase U.S. recycling rate to 50% by 2030
TIGARD, Oregon, December 28, 2020 — Agilyx Corporation, a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): (“AGLX”), a leader in advanced recycling of post-use plastics back into plastics and low carbon fuels, applauds the National Recycling Strategy that was recently announced by the U.S. Environmental Protection Agency (EPA), along with its goal of increasing the national recycling rate to 50 percent by 2030.
The company recently became a signatory to the National Recycles Pledge.
Agilyx strongly supports the recent call by for “EPA Administrator Andrew Wheeler a revival of the U.S. recycling system, which faces significant challenges, ranging from consumer confusion to reduced international markets and old recycling infrastructure that has not kept pace with modern materials streams.”
Agilyx also encourages Congress to work with industry to prioritize recycling legislation in 2021, including accelerating the circular economy for plastics. “As part of modernizing the US recycling system, regulatory frameworks should recognize the role of innovative advanced recycling and chemical recycling technologies that enable the conversion of plastics into feedstocks for new plastics and other products,” says Tim Stedman, CEO of Agilyx. “With advanced recycling technology, even mixed plastic waste and difficult-to- recycle polymers can be used to make new, high quality plastics – opening up the possibility for plastic waste to be the feedstock of the future, instead of oil.”
Already there has been significant progress in domestic investments in the U.S. recycling system. In the last three years, 64 projects in mechanical and advanced recycling in the U.S have been announced, valued at $5.3 billion, according to the American Chemistry Council. Together, these projects have the potential to divert more than 4.0 million metric tons of waste from landfills each year. In addition, many companies have made significant commitments to use recycled plastics in their packaging and products.
“Agilyx is dedicated to addressing the plastic waste issue,” says Stedman. “We believe that advanced recycling technology is the key to moving that number from 10% to 90% of plastic waste being recycled.”
About Agilyx
Agilyx (AGLX), is a pioneer in the advanced recycling of difficult-to-recycle post-use plastic streams. With Agilyx’s chemical recycling technology and intelligent feedstock management system, mixed plastic waste can be converted to new virgin-equivalent plastics, as well as chemical products and fuels – creating the opportunity for true circularity. The company has not only developed these first-to-market products but has also developed a feedstock management company Cyclyx International, Inc. and is working with many waste service providers, municipalities, petrochemical, and brand and retail companies to develop closed-loop advance recycling solutions for mixed waste plastics. Contact us to have your plastic waste streams recycled at info@agilyx.com. For more information, follow us on social media and visit us at www.agilyx.com.
Advocating for advanced technology to make plastics more circular
OSLO, NORWAY and BRUSSELS, BELGIUM, December 22, 2020 — Chemical Recycling Europe is pleased to welcome Agilyx AS, a leader in advanced recycling of post-use plastics, as a new member of the association.
Agilyx AS, headquartered in Oslo, Norway, has expanded its geographic presence from the U.S. to Europe, having listed its shares on the Norwegian stock exchange earlier this year. Established in the U.S. in 2004, Agilyx today operates a fully commercial polystyrene chemical recycling facility at Tigard, Oregon, through its joint venture Regenyx. The company has numerous other chemical recycling projects underway with partners in Europe, the US and Japan.
ChemRecEurope Secretary General, Mohammad Hayatifar, said: “We are pleased Agilyx has joined ChemRecEurope. It is one of the pioneers in chemically recycling difficult-to-recycle post-consumer plastic streams into a variety of sustainable products including circular virgin like plastics and chemical intermediates. The company is expanding its reach into Europe, a region where circularity is set high on the agenda, to provide more accessibility to Agilyx’s technology and know-how and to accelerate technology partnerships. We are looking forward to working together with this new member to increase the circularity of plastic.”
Tim Stedman, Chief Executive Officer of Agilyx, said: “We are delighted to join ChemRecEurope. As a company expanding across Europe, Agilyx is eager contribute to the advancement of this exciting and growing part of the circular economy across the region. Chemical recycling technology enables plastic waste and difficult-to-recycle polymers to be converted to new, high quality plastics and chemicals – opening up the possibility for plastic waste to be the feedstock of the future, instead of oil. As we look to transform our systems to be more circular, European regulatory frameworks are recognizing the role of innovative chemical recycling technologies in this transformation.
The members of Chemical Recycling Europe are united by one common goal: closing the loop for the plastics industry by offering the technology to chemically recycle all plastic waste back into its original components and/or other value-added materials.
About Agilyx Corporation
Agilyx (AGLX) is the pioneer in chemically recycling difficult-to-recycle post-use plastic streams into a variety of products including circular virgin like plastics, chemical intermediates, and fuels. The company has not only developed these first-to-market products, but has also developed a feedstock management company Cyclyx International, Inc. and is working with many waste service providers, municipalities, petrochemical, and many brand and retail companies to develop closed-loop advance recycling solutions for mixed waste plastics. Contact us to have your plastic waste streams recycled at info@agilyx.com. For more information, follow us on social media and visit us at www.agilyx.com.
About Chemical Recycling Europe
Founded early 2019, Chemical Recycling Europe is the professional representative body of chemical recyclers in Europe and represents the interest of its members towards political bodies and the public. ChemRecEurope’s aim is to deepen a positive industry-wide relationship throughout the whole chemical recycling value chain in Europe to accelerate the creation of circular economy for plastics. For further information, please visit www.chemicalrecyclingeurope.eu.
The Project Aims to Produce Polypropylene from Mixed Waste Plastic
OSLO, Norway and PHILADELPHIA, PA, December 16, 2020 ─ Agilyx Corporation, a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): (“AGLX”), a pioneer in the advanced recycling of post-use plastics, and Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced the initiation of a feasibility study to explore the development and construction of an advanced plastics recycling project in North America.
The project aims to examine an efficient pathway to produce polypropylene (PP) using difficult-to-recycle mixed waste plastic, powered by Agilyx advanced recycling technology. Mixed waste plastics for this project would be sourced through Agilyx’s feedstock management company, Cyclyx International, Inc. In addition, this project is targeting circular PP with the necessary properties for demanding customer applications such as food packaging, consumer, and hygiene products.
Mark Nikolich, CEO of Braskem America, stated, “As the North American leader in polypropylene, Braskem is committed to evolving its feedstock portfolio to leverage more sustainable input sources and is currently evaluating various supply agreements and innovative projects to drive this shift. Our collaboration with Agilyx is just the most recent example of Braskem’s efforts to more holistically address the limited availability of propylene feedstock derived from post-use plastic in the market today. Looking forward, Braskem intends to explore direct investment options as needed to help accelerate this transition to more circular and sustainable feedstock and production technologies.”
“We are pleased to partner with Braskem to advance this project forward and to expand the market for post-use recycled plastic,” said Tim Stedman, CEO of Agilyx. “Agilyx has a proven technology leadership and track record in converting hard-to-recycle plastic. This collaboration targets a new product pathway for Agilyx, converting mixed waste plastic into the chemical building blocks used to produce polypropylene.”
About Agilyx
Agilyx (AGLX), is a pioneer in the advanced recycling of difficult-to-recycle post-use plastic streams. With Agilyx’s chemical recycling technology and intelligent feedstock management system, mixed plastic waste can be converted to new virgin-equivalent plastics, as well as chemical products and fuels – creating the opportunity for true circularity. The company has not only developed these first-to-market products but has also developed a feedstock management company Cyclyx International, Inc. and is working with many waste service providers, municipalities, petrochemical, and brand and retail companies to develop closed-loop advance recycling solutions for mixed waste plastics. Contact us to have your plastic waste streams recycled at info@agilyx.com. For more information, follow us on social media and visit us at www.agilyx.com.
About Braskem
Braskem is strongly committed to a world where nothing is wasted and everything is transformed. Recently, Braskem announced its new commitment to a Carbon Neutral Circular Economy, with clearly stated targets for growing their I’m greenTM recycled products portfolio to sales of 300,000 tons by 2025 and 1 million tons by 2030. Also, earlier this year Braskem became a founding member and funding partner of the Polypropylene Recycling Coalition, an initiative of The Recycling Partnership with a focus on increasing U.S. curbside recycling access for polypropylene and ensuring PP is widely recovered and reused. Braskem is also a founding member of the Alliance to End Plastic Waste.
To learn more about Braskem’s commitment to a carbon neutral circular economy visit: https://www.braskem.com/usa/news-detail/braskem-affirms-commitment-to-circular-economy-and-to-achieve-carbon-neutrality-by-2050.
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are statements that are not historical facts, and are based on our management’s current view and estimates of future economic and other circumstances, industry conditions, company performance and financial results, including Braskem’s commitments to sustainability. The words “commits,” “anticipates,” “believes,” “estimates,” “expects,” “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the implementation of operating, financing and other strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting our financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of our management and are subject to a number of risks and uncertainties, many of which are outside of our control. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. Please refer to our annual report on Form 20-F for the year ended December 31, 2019 filed with the SEC, as well as any subsequent filings made by us pursuant to the Exchange Act, each of which is available on the SEC’s website (www.sec.gov), for a full discussion of the risks and other factors that may impact any forward-looking statements in this presentation.
Contacts:
Agilyx
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com
Braskem
Stacy Torpey
Communications Director
+1 (215) 841 3194
stacy.torpey@braskem.com
Braskem on social media:
www.facebook.com/BraskemGlobal
www.linkedin.com/company/braskem
www.twitter.com/BraskemSA
Tigard, OR, and The Woodlands, TX – November 9, 2020 – AmSty, the largest polystyrene producer in the Americas, and Agilyx, a leader in advanced recycling technology, announce the successful completion of a fully circular pathway for polystyrene recycling. The two companies have been working to achieve this important milestone for polystyrene in support of a societal shift from linear to circular solutions for managing waste plastic.
Polystyrene waste is currently being transformed from solid form to its liquid feedstock called recycled styrene monomer (RSM) at their joint venture facility, Regenyx, operating in Tigard, Oregon. By receiving ISCC PLUS certification (International Sustainability and Carbon Certification) for the complete pathway from waste aggregation to new polystyrene production, the loop on the recycling circle for polystyrene has been completed. These products can now be put back into the marketplace with original quality, holding third-party certification of recycled content.
For a recycling process to be circular, it must be regenerative, beginning and ending at the same place in the product life cycle. From the consumer’s perspective, polystyrene recycling begins as a consumer product used in the home – a food package or meat tray for example – and up until now has ended in the recycling bin or trash can. Now, when a consumer uses a polystyrene product, it has the potential to be collected from mixed plastic waste, converted to feedstock, and processed into new polystyrene. From there, it can be re-formed into new products without any loss of material quality and enjoyed by consumers again and again. Through the ISCC PLUS certification process, recycled content can be assigned, certified, and claimed by package manufacturers. Consumers can readily identify circular products on the shelf and feel good about their choices and participation in sustainability.
“With this achievement, we can begin moving circular recycled products from concept to reality, and directly into the hands of consumers.” said Tim Barnette, Vice President – Polymers and Sustainability at AmSty. “At a time when people are clamoring for solutions to sustainability advancements, we are proud to offer a circular solution from the plastics sector.”
“We are proud of the work that has been done at the Regenyx facility to accelerate the available capacity of recycled content for producers,” stated Tim Stedman, CEO of Agilyx. “The advancements we have made at Regenyx along with ISCC PLUS certification is further concrete proof that we have created a circular recycling pathway for polystyrene recycling.”
About AmSty
AmSty is a leading integrated producer of polystyrene and styrene monomer, offering solutions and services to customers in a variety of global markets. AmSty is a member of the American Chemistry
Council and its Responsible Care initiative, and is headquartered in The Woodlands, Texas. AmSty is a joint venture equally owned by Chevron Phillips Chemical Company LP and Trinseo LLC.
About Agilyx
Agilyx, AGLX-ME, is a pioneer in the advanced recycling of difficult-to-recycle post-use plastic streams. With Agilyx’s chemical recycling technology and intelligent feedstock management system, mixed plastic waste can be converted to new virgin-equivalent plastics, as well as chemical products and fuels – creating the opportunity for true circularity. The company has not only developed these first-to-market products, but has also developed a feedstock management company Cyclyx International, Inc. and is working with many waste service providers, municipalities, petrochemical, and brand and retail companies to develop closed-loop advance recycling solutions for mixed waste plastics. Contact us to have your plastic waste streams recycled at info@agilyx.com. For more information, follow us on social media and visit us at www.agilyx.com.
Contacts
Kate Ringier
Vice President, Communications & Government Affairs
Agilyx
Phone: +41 78 822 7770
Agilyx GmBH
Schindellegi, Switzerland
Josh Want
Communications Manager
AmSty
Phone: +1 844-512-1212
Website: www.amsty.com
Partnership paves the way for closed loop recycling to keep polystyrene out of landfills
CHANNAHON, Ill., September 22, 2020 – INEOS Styrolution and AmSty, two of the largest global producers of polystyrene, announce plans to construct a joint 100 ton per day facility in Channahon, Illinois, that will utilize the Agilyx advanced recycling technology to recycle post-use polystyrene products back into virgin- equivalent styrene monomer.1
“Discarded single-use items like polystyrene foam cups and yogurt cups can now go right back to the same applications over and over at the same purity and performance with no need to landfill,” said Greg Fordyce, President Americas for INEOS Styrolution. “We are excited to join forces with AmSty on this ambitious project, which we expect will elevate polystyrene as a sustainable material of choice. In particular, this facility will dramatically increase recycling rates in the greater Chicago area.”
In 2018, AmSty and Agilyx formed their Regenyx joint venture to advance the development of a similar facility in Tigard, Oregon, using Agilyx’s breakthrough pyrolysis technology. The Channahon facility will be engineered on a larger-scale in cooperation with Agilyx to represent the next generation of advanced recycling technology.
“Polystyrene products can offer sustainability advantages where less material is required (e.g., a polystyrene foam cup is 95% air),” said Tim Barnette, Vice President – Polymers and Sustainability at AmSty. “Polystyrene is particularly advantageous for advanced recycling because it can be “unzipped” back to its original liquid form, styrene monomer. Other plastics can also be converted into useful intermediates, but polystyrene offers a truly circular solution. Polystyrene remains the best option for a range of applications such as food and beverage containers. We view polystyrene waste products as valuable feedstock for circular recycling. Keeping plastics out of the landfills not only makes sense from an environmental standpoint, but it makes economic sense as well.”
1 See also earlier press release http://www.ineos-styrolution.com/news/ineos-styrolution-and-agilyx-advance-polystyrene-chemical-recycling-plant-in-channahon-illinois or https://www.prnewswire.com/news-releases/ineos-styrolution-and-agilyx-advance-polystyrene-chemical-recycling-plant-in-channahon-illinois-300971066.html
“Advanced recycling technologies are key to creating a circular economy for plastics,” said Tim Stedman, CEO of Agilyx. “Agilyx’s technology for converting waste polystyrene is proven at scale, having been operational for several years now in Oregon. This new facility in Illinois will be the largest of its type in the world, and will meet the growing demand from brand owners who want more recycled plastic, allowing them not only the possibility of recycling food grade material back to the same products but also for the upcycling of lower quality non-food grade products to meet food grade usage requirements..”
Agilyx will also source and supply plastic waste feedstock for the facility through its recently formed Cyclyx subsidiary. “In addition to the technology, we have developed a feedstock management system, which is just as important as the technology in developing the supply chain for this new market,” said Joe Vaillancourt, Cyclyx’s President. “The overarching goal of Cyclyx is to dramatically increase the recyclability of post-use plastics with a priority for fully circular pathways, as well as assisting in the development of new supply chains that will aggregate and preprocess larger volumes of post-use plastics than current systems.”
Engineering design for the Channahon facility is under way, with construction and commissioning as the expected next phases.
Background:
AmSty, INEOS Styrolution and Trinseo have signed a Joint Development Agreement (JDA) to accelerate the introduction of circularity for one of the most recyclable polymers, polystyrene. The JDA targets advancements in all technical aspects to enable scaled investment in advanced commercial recycling solutions and optimize recycling technologies for large-scale commercial use.
Polystyrene is a unique polymer suitable for multiple advanced recycling solutions like depolymerization. Its properties make it ideal for a circular economy – even enabling food contact compliancy of the recycled material, often considered the holy grail of polymer recycling.
About INEOS Styrolution
INEOS Styrolution is the leading global styrenics supplier, with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 90 years of experience, INEOS Styrolution helps its customers succeed by offering innovative and sustainable best-in-class solutions, designed to give them a competitive edge in their markets, and at the same time, help make the circular economy for styrenics a reality. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, packaging and toys/sports/leisure. In 2019, sales were at 5 billion euros. INEOS Styrolution employs approximately 3,600 people and operates 20 production sites in ten countries.
More information: www.ineos-styrolution.com Follow us on Twitter (@styrolution).
About AmSty
AmSty is a leading integrated producer of polystyrene and styrene monomer, offering solutions and services to customers in a variety of global markets. AmSty is a member of the American Chemistry Council and its Responsible Care® initiative, and is headquartered in The Woodlands, Texas. AmSty is a joint venture equally owned by Chevron Phillips Chemical Company LP and Trinseo LLC. For more information, follow us on social media and visit us at www.amsty.com.
About Agilyx
Agilyx is the pioneer in chemically recycling difficult-to-recycle post-use plastic streams into a variety of products including circular virgin-like plastics, chemical intermediates, and fuels. The company has not only developed these first-to-market products, but has also developed a feedstock management company Cyclyx International, Inc. and is working with many waste service providers, municipalities, petro-chemical, and many brand and retail companies to develop closed-loop advance recycling solutions for mixed waste plastics. Contact us to have your plastic waste streams recycled at info@agilyx.com. For more information, follow us on social media and visit us at www.agilyx.com.
Contacts
INEOS STYROLUTION
April Ludwikowski
Marketing Communications Manager, Americas
INEOS Styrolution Americas
LLC 4245 Meridian Parkway, Suite 151 Aurora, IL 60504
USA Phone: 1.331.212.5757
Email: april.ludwikowski@ineos.com Website: www.ineos-styrolution.com
AMSTY
Josh Want
Communications Manager
Phone: +1 844-512-1212
Website: www.amsty.com
AGILYX
John Desmarteau
Director of Communications and Government Affairs
Phone: (503) 597-6406
Email: jdesmarteau@agilyx.com
Website: www.agilyx.com
The Gilman Brothers Company Announces New Recycling Program
JULY 16, 2020 – The Gilman Brothers Company is excited to announce that their INFINITY® styrene faced foamboard and their InSite® Reveal® paper faced foamboard products with or without UV or Latex Inks have been tested and determined to be of acceptable composition to be recycled through Agilyx’s proprietary polystyrene advanced recycling solution.
The two companies have pioneered a first-in-kind, sustainable solution specific to foam boards “This is the first true cradle-to-cradle system for styrene and paper faced foamboards,” says Bill VanHorn, Director of Sales. “We are very excited to now proceed forward with specifications and applications around our materials to support this exciting new program. To be able to meet with any retailer and share details around this groundbreaking technology and say YES, our styrene and paper faced foam boards ARE recyclable is the innovation the signage and display industries has needed.”
Agilyx has worked with The Gilman Brothers Company to qualify their modified INFINITY® Boards, which are made from high impact polystyrene (or “HIPS”) and extruded polystyrene (or “XPS”) as well as their InSite® Reveal® Boards, which are made from extruded polystyrene (or “XPS”) and clay coated paper. “We are excited to work with industry leaders like The Gilman Brothers Co. in testing and developing sustainable solutions for materials.” says Chris Faulkner, CTO at Agilyx. “We look forward to deploying recycle programs alongside Gilman Brothers as we expand our efforts to increase plastic recovery and recycling.”
“We listened to the market and heavily invested to see this program come to fruition,” explains Bill VanHorn, Director of Sales. “Retailers will be very happy as we roll out the details behind the supply chain and details behind how it works.” Matt Durbin, Agilyx Vice President of Operations agrees, adding that “Agilyx is excited to progress our relationship with The Gilman Brothers Company and provide a truly circular recycling pathway, enabled by The Gilman Brothers Company, North American Plastics Recycling Group and their other certified supply chain partners, in which post-use boards are recovered for advanced recycling.”
Agilyx, based in Tigard, Oregon, is the leader and pioneer in advanced recycling difficult-to-recycle post-use plastic streams into high-value, low-carbon circular virgin-like polymers, chemical intermediate feedstocks and fuels. The company has developed and is operating the first commercial scale system capable of recycling post-use polystyrene into recycled styrene monomer oil, which is being used to remake new polystyrene products. Agilyx is developing additional advanced recycling facilities globally to meet demands for plastic recovery and recycled content.
For additional information on any Gilman Brothers products visit our website at www.gilmanbrothers.com, email us at sales@gilmanbrothers.com or call regular EST business hours 860-889-8444 USA or the new 24/7 hotline 860-884-2077.
For additional information on Agilyx Corporation visit them online at www.agilyx.com as well as through social media. For media inquires please contact John Desmarteau jdesmarteau@agilyx.com.