Agilyx ASA’s Progress with Plastyx Ltd.
Agilyx ASA (OSE: AGLX, OTCQX: AGXXF) announces that its venture, Plastyx Ltd., has successfully executed MOUs for 150,000 tons of waste plastic, reaching 75% of its near-term goal to source and process 200,000 metric tons by the end of 2025.
Driving Advanced Recycling Growth
Plastyx is poised to exceed its initial target through strategic partnerships and enhanced material processing capabilities. These efforts aim to secure a steady supply of high-quality polymers for various applications, including food-grade and high-performance packaging.
Agilyx’s Environmental Impact
Agilyx ASA leads the way in advanced recycling, transforming post-use plastics into valuable feedstock and equivalent virgin products. In collaboration with Cyclyx (joint venture with ExxonMobil and LyondellBasell), Agilyx facilitates the collection and processing of post-use plastic waste into premium custom-formulated feedstock solutions for global plastic manufacturers.
Sustainable Feedstock Solutions
Through its joint venture with Circular Resources, Plastyx contributes European-sourced feedstock critical to both mechanical and advanced recycling markets worldwide.
Innovative Recycling Solutions
Agilyx also introduces TruStyrenyx, an advanced polystyrene recycling solution that integrates Styrenyx depolymerization technology with Technip Energies’ purification process.
Promoting a Circular Economy
Transitioning from a linear economic model to a circular approach, Agilyx pioneers the shift towards a low-carbon future, emphasizing sustainability and waste reduction.
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