• Company reaches 16,000 commercial operating hours, marking 4,400 tons of plastic waste converted
  • As a pioneer in advanced recycling with the first ever commercial scale closed loop facility of its kind, Agilyx has diverted the equivalent weight of 20 Statues of Liberty from landfill

TIGARD, Oregon, USA – July 1, 2021 – Agilyx Corporation (AGLX), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): “AGLX”) and a pioneer in the chemical recycling of post-use plastics, announced that it has surpassed 16,000 hours of commercial operations at its certified chemical recycling operations in Oregon. This has been achieved both using mixed waste plastic, when the unit was formerly 100% owned by Agilyx, and with polystyrene, which is the current mode of operation in Tigard, Oregon with the unit now forming part of the Regenyx JV with AmSty. In its 16,000 hours of operations, Agilyx has converted over 4,400 tons or 8.9 million lbs of mixed waste plastic and polystyrene waste.  Both the mixed waste plastic and the polystyrene waste has been sourced directly by Agilyx utilizing the feedstock management program that has since been incorporated into the Cyclyx Joint Venture.

This significant operating milestone equates to the weight of around 20 Statues of Liberty being diverted from landfills and oceans, reaffirming Agilyx’s mission to be a part of the solution to end plastic waste. “We are very proud of our team and our company for reaching this milestone,” said Tim Stedman, chief executive officer of Agilyx. “This is proof-positive that the model for plastic circularity is not only valid but achievable. Ongoing projects with our various partner companies will soon demonstrate that it is also highly scalable which will help us in our commitment to solve the problem of plastic waste.”

Contacts

Kate Ringier

Vice President, Communications & Government Affairs

Tel: +41 788-227-770

Email: kate.ringier@agilyx.com

About Agilyx

Agilyx (AGLX) is an early leader in the advanced recycling of difficult-to-recycle post-use plastics. With Agilyx’s chemical recycling technology, mixed plastic waste or streams of discrete post-use plastics, such as polystyrene, 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, LLC, and is partnering with a range of waste service providers, municipalities, petrochemical, and brand and retail companies to develop closed-loop recycling solutions for mixed waste plastics. www.agilyx.com.

Source link

Keenan brings strong focus on sustainability, ESG and government affairs to help drive the company’s mission

PORTSMOUTH, New Hampshire, USA, June 28, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced the addition of Catherine Keenan to its Executive Advisory Board (EAB).

Ms. Keenan has deep experience in strategy development, government and public affairs, sustainability, crisis management, stakeholder engagement, branding and reputation management and is the founder and principal of Catherine C. Keenan LLC, a consulting firm that guides organizations in building programs for sustainability and corporate responsibility.

Ms. Keenan served as Vice President, Public Affairs, Sustainability and Environment Health and Safety at Trinseo S.A., a global materials company, from 2010 to 2020. She began her career at The Dow Chemical Company and held a series of leadership roles with responsibilities including Mergers and Acquisitions integration, industry affairs, public policy issues management, media relations and marketing communications. Ms. Keenan also serves on the board of directors for Agilyx Corporation, where she chairs the ESG committee and was instrumental in the company’s preparation for listing on the Oslo Bors Merkur Market (now EuroNext Growth) in 2020.

“Ms. Keenan’s commitment to sustainability and the relationships she’s built throughout the chemicals and plastics industry make her a valuable addition to the EAB,” stated Joe Vaillancourt, CEO of Cyclyx. “I look forward to gaining her expertise on the board as we pursue our mission of increasing recycling rates from 10% to 90%.”

About Cyclyx International, LLC.

Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to help increase the recycling rate of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of post-use plastic in collaboration with industry partners to create a new, innovative supply chain. Cyclyx was founded by Agilyx Corporation (“Agilyx”), a leader in advanced chemical recycling, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership. For more information, visit us at www.cyclyx.com.

Contacts

Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com





PORTSMOUTH, New Hampshire, USA, May 21, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to help increase the recycling rate of post-use plastic from 10% to 90%, announced today that North American Plastics, a family of leading brands in plastics distribution, has become a member of the Cyclyx consortium.

As a member of the consortium, North American Plastics joins an impressive group of companies that are leading the way in building a more sustainable future for plastics. Member companies have access to Cyclyx’s services that provide plastic users throughout the value-chain with third-party audited, circular, end of life pathways for their products through innovations including chemical characterization of plastics and predictive modelling of feedstock sources to product pathways, custom feedstock recipes, and customized supply chains. These innovations and North American Plastics’ commitment to help drive more plastics being recovered at end of use is an exciting combination.

“Working together with Cyclyx allows NAP to further its already industry-leading recycling initiatives,” stated Tim Bolton, vice president of sales at North American Plastics. “We could not be happier to be a partner within this consortium. We look forward to being stewards for both our customers and suppliers with the goal of enhanced repurposement of resin-based substrates.”

“We’re thrilled to have North American Plastics as a Cyclyx member,” stated Joe Vaillancourt, CEO of Cyclyx. “Their collection of brands represent the largest geographic footprint of plastics distribution in the plastics industry today which can be leveraged to increase global plastic recycling. North American Plastics’ membership exemplifies the vital collaborations required to drive post-use plastic recycling from 10% to 90%.”



Contacts:
Cyclyx
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770

kate.ringier@agilyx.com

North American Plastics
Kim Imes
Director of Marketing

kimes@northamericanplastics.com

 

About North American Plastics

North American Plastics, a collection of the industry’s top leading brands in plastics distribution, is comprised of 120+ locations across North America and offers the largest geographic footprint in the plastics industry today. With each of the 20 brands operating independently, they offer a wide range of value-added services, product lines from the most trusted manufacturers in the industry, and localized customer service.

About Cyclyx International, LLC.

Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recycling rate of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of waste plastic in collaboration with industry partners to create a new, innovative supply chain. Cyclyx was founded by Agilyx Corporation (“Agilyx”), a leader in advanced chemical recycling, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership. For more information, visit us at www.cyclyx.com.



Source link

New executive board members bring valuable sustainability experience to help drive company’s mission to increase recyclability of post-use plastic

PORTSMOUTH, New Hampshire, USA, May 12, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to increase the recyclability of plastic from 10% to 90%, today announced the addition of three new members to its Executive Advisory Board (EAB).

Suzanne Shelton is president and CEO of Shelton Group, the nation’s leading marketing strategy and communications agency focused exclusively in the sustainability arena. Ms. Shelton leads the Shelton Group in creating a market advantage for organizations that are working to create a sustainable, responsible future.

Geoffrey Inch is the circular economy and sustainability director, North America at Cyclyx founding member company, Braskem. Mr. Inch is responsible for Braskem’s sustainable development strategy and performance in North America and leads the development of the company’s recycled products portfolio.

Juan Becerra is VP and managing director GE licensing at General Electric. Mr. Becerra has extensive experience in business development and innovative technology in clean energy. He is currently responsible for the monetization of GE’s intellectual property and business capabilities in software across GE.

“Cyclyx has an ambitious mission of increasing the recyclability of plastic from 10% to 90%, transforming it into a renewable resource,” said Joe Vaillancourt, chief executive officer of Cyclyx. “The knowledge of and commitment to sustainability and building a circular economy that Geoffrey, Suzanne, and Juan bring will be crucial in helping us to reach our goals.”

Contacts:

Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com

About Cyclyx International, LLC.

Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recyclability of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of waste plastic in collaboration with industry partners to create a new, innovative supply chain. Cyclyx was founded by Agilyx Corporation (“Agilyx”), a leader in advanced chemical recycling, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership . For more information, visit us at www.cyclyx.com.

Source link

PORTSMOUTH, New Hampshire, USA, May 6, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to increase the recyclability of plastic from 10% to 90%, announced today the appointment of James Trevathan as vice president of feedstock sourcing and supply chain. Mr. Trevathan joined Cyclyx on May 4 and will help to build out the company’s supply chain and feedstock preprocessing infrastructure, while increasing productivity and driving greater reliability and quality from suppliers.

Mr. Trevathan brings a wealth of knowledge of logistics management and supply chain development. He joins Cyclyx from ExxonMobil Chemical where he most recently served as global sales and operations manager. Mr. Trevathan previously held positions in logistics management, supply management, planning and strategy.

“We are excited to welcome James, who brings over 16 years of experience working in large-scale and international logistics and operations at ExxonMobil, to the team. James’ expertise will be invaluable in helping us to build and refine our feedstock supply chain components which will bring us closer to our mission of increasing the recyclability of plastics,” stated Joe Vaillancourt, CEO of Cyclyx.

About Cyclyx International, LLC.
Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recyclability of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of waste plastic in collaboration with industry partners to create a new, innovative supply chain. Cyclyx was founded by Agilyx Corporation (“Agilyx”), a leader in advanced chemical recycling, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership. For more information, visit us at www.cyclyx.com.

Contacts:
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com

  • This is the company’s inaugural annual report
  • The report highlights corporate activities and results, as well as sustainability highlights

OSLO, Norway – April 22, 2021 – Agilyx AS (Euronext Growth (Oslo): “AGLX”), a pioneer in the advanced recycling of post-use plastics, today announced that it has released its annual report for the fiscal year ending on December 31, 2020.

Consolidated group revenues in 2020 totaled USD 4.3 million, with a gross margin of USD 1.9 million and a loss from operations of USD 6.7 million. On the consolidated group balance sheet at year end, cash and cash equivalents totaled USD 38.9 million and notes payable totaled USD 2.9 million. In addition to financial results, the integrated report details the company’s goals and commitment to sustainability, responsible business practices, the environment, and social responsibility.

Agilyx has been publicly traded on the Euronext Growth exchange in Oslo since September 2020. Integrating the company’s financial results with its sustainability and environment/social/governance (ESG) goals and reporting underscores the company’s belief that sustainability is a key metric to Agilyx’s overall success.

The 2020 report introduces the science and solutions of chemical recycling, an emerging global industry.

“Sustainability is at the core of everything we do, and our commitment to circularity is fully integrated into our business,” Tim Stedman, chief executive officer of Agilyx stated. “This is why we are particularly proud to e-publish our first-ever integrated annual report. It has been less than a year since we publicly listed our shares, during which time we have made excellent progress in enhancing our governance and our commitment to sustainability, as evidenced by new sustainability goals that both reflect our core business priorities and are aligned with the United Nations Sustainable Development Goals.”

The full report is available on the investor relations section of the Agilyx website at agilyx.com/investors.

Contacts:

Agilyx

Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com

About Agilyx

Agilyx (AGLX), is an early leader in the advanced recycling of difficult-to-recycle post-use plastic streams. With Agilyx’s chemical recycling technology, 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 advanced recycling solutions for mixed waste plastics. www.agilyx.com.

Source link

PORTSMOUTH, New Hampshire, USA – April 21, 2021 – Agilyx Corporation (AGLX), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): “AGLX”) and a pioneer in the advanced recycling of post-use plastics, announced today the launch of its new corporate website featuring updated branding, an enhanced user experience, intuitive navigation and improved access to information about the company and its mission.

Designed with usability in mind, the new website offers users easy access to a range of expanded content in the areas of advanced recycling technology, sustainability, and investor relations. Visitors to the new site will benefit from a streamlined navigation and an expanded investor section offering up-to-date information on share price, company news, a financial calendar, and the ability to download past reports or sign up for investor alerts.

Included in Agilyx’s new website is an upgraded section for Cyclyx, the consortium-based feedstock management company with a mission to increase the recyclability of plastic from 10% to 90%. The Cyclyx area of the website provides valuable information about the company and its mission.

“Our new website reflects who we are and where we are headed,” Tim Stedman, chief executive officer of Agilyx stated. “Our commitment to sustainability and circularity is at the center of everything we do, as is our dedication to transparency in governance. The new site has been designed with these pillars in mind and offers our visitors an authentic introduction to Agilyx in an easy-to-use format.”

Agilyx’s new website will be updated regularly with news and events, new partnership announcements, investor and financial information, and corporate milestones. For more information visit www.agilyx.com

Contacts:

Agilyx

Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com

About Agilyx

Agilyx (AGLX), is an early leader in the advanced recycling of difficult-to-recycle post-use plastic streams. With Agilyx’s chemical recycling technology, 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 advanced recycling solutions for mixed waste plastics. www.agilyx.com. 

Source link

PORTSMOUTH, New Hampshire and PHILADELPHIA, Pennsylvania, April 20, 2021 –  Cyclyx International, a consortium-based feedstock management company with a mission to increase the recyclability of plastic from 10% to 90%, 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, announce today that Braskem has joined Cyclyx as a member and has appointed Geoffrey Inch, Braskem’s Sustainability and Circular Economy Director, to the Cyclyx Executive Advisory Board.

As a member of the Cyclyx consortium, Braskem will have access to the Cyclyx platform which includes an integrated set of innovations including chemical characterization of plastics and predictive modelling of feedstock sources to product pathways, custom feedstock recipes, and customized supply chains.  These innovations aim to deliver waste plastic feedstock appropriate for all existing and new mechanical and advanced recycling pathways.

“We are excited to welcome Braskem as a founding member of Cyclyx and to add Geoffrey Inch to our advisory board,” said Joe Vaillancourt, chief executive officer at Cyclyx. “Braskem’s extensive experience in the biopolymer industry along with their commitment to eliminating plastic waste within a carbon neutral circular economy makes them a valuable member of our consortium, and reinforces the commitment of our membership to drive post-use plastic recycling rates from 10% to 90%.”

“As the North American leader in polypropylene, Braskem is thrilled to be a founding member of Cyclyx,” says Geoffrey Inch, Sustainability and Circular Economy Director at Braskem. “Braskem has a long history in the use of sustainable feedstock and is committed to working collaboratively to increase the circularity of plastics. We believe Cyclyx addresses some of the key challenges that will allow advanced recycling to scale, which is an important step in the development of certified circular polypropylene for our clients.”

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 the company’s I’m green™ recycled products portfolio to sales of 300,000 tons by 2025 and 1 million tons by 2030.  In 2020, Braskem became a founding member and funding partner of the Polypropylene Recycling Coalition, an initiative of The Recycling Partnership, to increase U.S. curbside recycling access for polypropylene and ensure 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.

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

About Cyclyx International, LLC.

Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recyclability of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of waste plastic in collaboration with industry partners to create a new, innovative supply chain. Cyclyx was founded by Agilyx Corporation (“Agilyx”), a leader in advanced chemical recycling, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership. For more information, visit us at www.cyclyx.com.

About Braskem

With a global vision of the future oriented towards people and sustainability, Braskem is committed to contributing to the value chain for strengthening the Circular Economy. The petrochemical company’s almost 8,000 team members dedicate themselves every day to improve people’s lives through sustainable chemicals and plastics solutions. Braskem has an innovative DNA and a comprehensive portfolio of plastic resins and chemical products for diverse segments, such as food packaging, construction, manufacturing, automotive, agribusiness, healthcare and hygiene, among others. With 41 industrial units in Brazil, the United States, Mexico and Germany, and net revenue of R$58.5 billion (US$11.4 billion), Braskem exports its products to clients in more than 100 countries.

 

Braskem America is an indirect wholly owned subsidiary of Braskem S.A. headquartered in Philadelphia. The company is the leading producer of polypropylene in the United States, with six production plants located in Texas, Pennsylvania and West Virginia, an Innovation and Technology Center in Pittsburgh, and operations in Boston focused on leveraging ground-breaking developments in biotechnology and advanced materials. For more information, visit www.braskem.com/usa.

Source link

New executive board members bring valuable experience to help drive company’s mission of increasing recycling of post-use plastic

PORTSMOUTH, New Hampshire, USA, March 29, 2021 – Cyclyx International, a consortium-based feedstock management company with a mission to increase the recyclability of plastic from 10% to 90%, today announced the addition of Steve Russell and Paul Turner to its Executive Advisory Board (EAB).

The EAB is a team of industry executives and thought leaders that are committed to help advance and scale Cyclyx’s innovative  approach to significantly increase the recyclability of post use plastic. Russell and Turner bring decades of executive experience advising and managing organizations operating in the plastics value chain and advancing plastic sustainability and solutions to plastic waste.

“At Cyclyx, we have an ambitious mission to transform the way plastic waste can be used as a renewable resource. We are bringing chemistry expertise, new supply chain concepts and a consortium approach with a goal to greatly increase the amount of waste plastics that can be recycled.  The extensive expertise and relationships that Steve and Paul bring to the EAB will be instrumental to help progress our current solutions to advance the circular economy for plastics,” stated Joe Vaillancourt, chief executive officer of Cyclyx.

Russell is the former vice president of the American Chemistry Council (ACC), who led the plastics division for more than a decade and was an early and leading voice for advancing plastic sustainability and solutions to plastic waste. While at ACC, he played a crucial role in helping to conceive and operationalize the Alliance to End Plastic Waste. Russell also oversaw the division’s sustainability programs, scientific research, and public outreach. He was instrumental in forming the World Plastic Council and the expansion of the Global Plastics Alliance.

“Meeting society’s goals for plastics circularity will require new business models and improved logistics to get recyclers the materials they need,” Russell said. “Cyclyx has developed a unique approach to deliver innovative supply chain solutions to dramatically accelerate recycling rates, and I’m excited to support the Cyclyx team by joining their Advisory Board.”

Turner is a former senior executive in the Chemical Industry, having worked with companies such as DuPont, LyondellBasell, Hoechst AG, Borealis and The Dow Chemical Company. He was chairman of the Polyolefins Group with Plastics Europe, the European Plastics Association. Turner was instrumental in forming the Polyolefins Circular Economy Platform (PCEP), a value chain approach to drive the circular economy for polyolefins in collaboration with converters, brand owners, recyclers and waste management companies.

“I am very excited about the opportunity to work closely with the Cyclyx team to help accelerate the circular economy and reduce plastic waste,” Turner said. “I believe Cyclyx’s strong value proposition together with its collaborative approach will reshape the industry supply chains for plastic waste feedstock to enable growth for its business as well as its value chain partners.”

Contacts:

Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com

About Cyclyx International, LLC.

Cyclyx International, LLC. (“Cyclyx”) is a post-use plastic feedstock management company working with industry participants to develop innovative recycling solutions for all types of post-use plastics. The company’s mission is to increase the recyclability of plastics from 10% to 90% by using Cyclyx’s expertise in understanding the chemical composition of waste plastic in collaboration with industry partners to create a new, innovative supply chain. Cyclyx was founded by Agilyx Corporation (“Agilyx”), a leader in advanced chemical recycling, together with ExxonMobil Chemical Company, one of the largest chemical companies in the world. Cyclyx has been formed to be a consortium-based entity and since its founding there have been a growing number of companies joining its membership . For more information, visit us at www.cyclyx.com.

Source link

Latest Innovation Demonstrates Agilyx’s Commitment to Technological Advancement

OSLO, Norway, March 24, 2021 – Agilyx AS (Euronext Growth (Oslo): (“AGLX”), a pioneer in the advanced recycling of post-use plastics, announced today that the European Patent Office (EPO) has issued a decision to grant a patent for the proprietary process for polishing Agilyx Synthetic Crude Oil (“ASCO”). The patent – EP2981593 – underscores Agilyx’s commitment to bringing its technological expertise and IP knowledge to the European market.

The newly patented process optimizes the removal of contaminants from ASCO with the use of proprietary equipment. ASCO is the product of Agilyx’s advanced recycling conversion process, which is delivered to customers as the building block for the manufacture of circular plastics. The resulting purer form of ASCO maximizes its compatibility with existing refining processes, while minimizing the damaging effects of contaminants on refinery equipment.

Commenting on the granting of the patent, Chris Faulkner, chief technology officer at Agilyx stated: “This new European patent yet again demonstrates our expertise in the advanced recycling of plastics and commitment to reducing plastic waste. Our technology offers a genuine pathway for plastic circularity and enables our vision of increasing the recycling of plastics.”

This latest patent is the result of specialist in-house research and development, reflecting the deep technical know-how and commercial scale operations that Agilyx has built upon since the company was founded. The patent highlights Agilyx’s significant experience in the industry of advanced recycling, converting mixed post-consumer plastics to high quality products.

Agilyx
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
kate.ringier@agilyx.com

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.

Source link

Recovering the value of plastic waste by transforming it into premium feedstock for sustainable solutions

Cyclyx recovers the value of post-use plastics through holistic sourcing and custom-formulated feedstock processing for mechanical and advanced recycling technologies.

From collection to new, virgin-equivalent material

Cyclyx logo

All-plastic waste collection channels

Cyclyx’s collection channels and partnerships can capture a wide range of plastics, including those that are typically excluded from curbside recycling

Cyclyx logo

Waste to tailored feedstock

Using an extensive chemical characterization database of post-use plastics, waste plastic is sorted and processed to deliver ISCC-PLUS-certified, custom-formulated feedstock that meets customers’ unique specifications

Handshake

Feedstock to product

Feedstock is converted into valuable, virgin-equivalent, lower-carbon material that can be used in the production of new plastics and products

353 million tons of plastic waste generated yearly, less than 10% is recycled*

One of the biggest barriers to plastic recycling is lack of feedstock from plastic waste.

*OECD

The lack of high-quality feedstock is a major industry bottleneck that curtails the potential of increased advanced recycling capacity

Supply of plastic feedstock lags existing pyrolysis capacity by an estimated 60%*. Innovative post-use plastic sourcing, sorting, and characterization are needed to meet feedstock demand.

The industry struggles with the management and infrastructure necessary to deliver the right type of feedstock to those who can recycle it best.

From this challenge, Cyclyx was born and now stands as the premier supplier of custom-formulated feedstock derived from plastic waste.

Chart: Wood Mackenzie

Announced capacity versus capability to provide circular feedstock supply

Projected demand for recycled material is increasing, creating a significant opportunity for Cyclyx Circularity Centers to provide plastic waste feedstock

Near term, feedstock demand and investment in innovative recycling solutions are forecasted to grow at record pace.

By 2030, an estimated 67 MM tons p.a. of incremental processing capacity will be required to supply sufficient feedstock to the recycling industry. Meeting this demand underscores the need for hundreds of plastic processing facilities across the U.S. and globally.

Chart: McKinsey

Learn more

What is a
Cyclyx Circularity Center?

Cyclyx Circularity Centers are first-of-their-kind facilities uniquely capable of accepting a wide range of plastic waste for sorting, processing, and formulating into custom feedstocks for mechanical and advanced recycling processes.

Discover more

Learn more about Cyclyx

Explore