Turning plastic waste into value

Agilyx is dedicated to solving the global problem of plastic waste. We invest in solutions across the value chain, from feedstock supply derived from post-use plastics to advanced recycling technology.
Stock ticker:
AGLX.OL
Share price:
—
NOK
Market cap:
—

Latest info

Latest report
All
2025 Annual Report
April 27, 2026
Latest news
Agilyx ASA’s arcLABS Qualified as a Preferred Analytical Laboratory for Advanced Polymer Recycling LLC
August 26, 2026

Agilyx at a glance

Agilyx is a global investment platform supporting the shift to a circular, lower carbon economy by turning waste into value.

Agilyx's place in the plastic value chain

Step 1
Plastic waste is collected
Households and businesses generate plastic waste that enters the recycling system.
Step 2
Plastic waste is made reusable
Through technology and investment across mechanical and chemical recycling, Agilyx turns plastic waste into valuable, reusable raw material.
Step 3
New products are made
The recycled material produced is used to make new products with lower carbon impact.

The Agilyx
platform

The Agilyx platform

Key holding
GreenDot Global logo, the circular recycling symbol paired with the GreenDot wordmark
The European growth engine
GreenDot is Europe's most recognized recycling brand, with 35 years of history under "Der GrĂĽne Punkt" and licensing across 29 countries. The company provides established infrastructure for plastic collection, sorting, and recycling in Germany, Austria, France, Spain, and Italy.
GreenDot operates across 3 synergistic segments:
Extended Producer Responsibility (EPR): producer-funded collection, sorting, and recycling, backed by AI-driven PPWR compliance via oSapiens
Mechanical Recycling (MR): recycling facilities to deliver higher-quality output
Chemical Recycling Feedstock (CR): preparing feedstock for Europe’s emerging chemical recycling plants
GreenDot EBITDA Bridge, EUR million
Illustrative 2025-2028
11 2025A 21 2026F 4 EPR 15 MR 10 CR Exp. 50 2028F
GreenDot's EBITDA is projected to grow from EUR 11m to EUR 50m between 2025 and 2028, driven by EPR, mechanical recycling, and chemical recycling expansion.
Stable EPR profit supports future growth
GreenDot EPR gross profit, EUR m
GreenDot forecasted EPR gross profit, EUR m
* 2021: Price increase due to Covid. 2024: Decreased demand due to inflation in Germany
GreenDot gets paid by producers to handle waste collection, sorting and recycling. 90,000 customers under long-term EPR contracts generate stable cash flow that lets GreenDot weather downturns and self-fund acquisitions.
Owned capabilities and IP
ArcLabs logo, Agilyx's research and development brand
Know-how that improves recycling economics
Built on over 20 years of R&D and backed by 22 chemical recycling patents, Agilyx's technology helps characterize and chemically recycle plastics that would otherwise be difficult to process. Our recycling plants for mixed plastic, polystyrene, and plexiglass are available for licensing to industry and third parties.
Our services & solutions
Advanced analytics: arcLABS tests and analyzes customers' plastic streams to identify the most suitable recycling solution.
Advanced recycling: Our Styrenyx technology converts polystyrene into high-quality monomer, and our mixed waste-to-PyOil technology turns mixed plastic waste into pyrolysis oil.

Services & solutions

ArcLabs logo, Agilyx's research and development brand
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.
100% Ownership
Styrenyx logotype with a circular recycling arrow icon above the wordmark
We license our depolymerization technology for polystyrene waste recycling. We source, sell and supply all the necessary core equipment to make the project successful.
100% Ownership

Key holdings

GreenDot Global logo, the circular recycling symbol paired with the GreenDot wordmark
primary holding
50.1% ownership
GreenDot is Europe's most recognized recycling brand, with 35 years of history under the Der GrĂĽne Punkt name and operations across Germany, Austria, France and Italy.
GreenDot operates across 3 synergistic segments:
GreenDot operates across 3 synergistic segments:
Extended Producer Responsibility (EPR): a stable, cash-generating core
Mechanical Recycling (MR): recycling facilities to deliver higher-quality output
Chemical Recycling Feedstock (CR): preparing feedstock for Europe’s emerging chemical recycling plants
Gloved hands holding shredded plastic waste feedstock material used as recycling process input
01
Extended Producer Responsibility (EPR)
A stable, cash-generating core
02
Mechanical Recycling (MR)
Recycling facilities to deliver higher-quality output
03
Chemical Recycling Feedstock (CR)
Preparing feedstock for Europe’s emerging chemical recycling plants
Agilyx owns 50.1% of GreenDot
1Mt
Packaging waste processed/year
100,000
Customers
€400M
Revenue 2025
primary holding
50.1% ownership
Cyclyx custom-formulates feedstock to meet the unique specifications of mechanical and chemical recyclers, capturing plastics typically excluded from curbside recycling. In March 2026, Agilyx completed the reabsorption of Cyclyx's IP, data, and platform, moving from a 50% joint venture to full ownership.
Two key strategic assets retained:
GreenDot operates across 3 synergistic segments:
Extended Producer Responsibility (EPR): a stable, cash-generating core
Mechanical Recycling (MR): recycling facilities to deliver higher-quality output
Chemical Recycling Feedstock (CR): preparing feedstock for Europe’s emerging chemical recycling plants
Gloved hands holding shredded plastic waste feedstock material used as recycling process input
01
ExxonMobil Offtake Agreement
A long-term agreement to supply ExxonMobil with 50,000 tons of recycled feedstock per year, with potential for additional volumes.
02
IP, Data & Characterization Platform
Integrated with arcLABS to support R&D and offtake specification development for customers.
Agilyx now owns 100% of cyclyx
primary holding
GreenDot Global logo
Leading European Recycling Platform
50.1%
Ownership
50.1% ownership
GreenDot is Europe's most recognized recycling brand, with 35 years of history under the Der GrĂĽne Punkt name and operations across Germany, Austria, France and Italy.
GreenDot operates across 3 synergistic segments:
Extended Producer Responsibility (EPR): a stable, cash-generating core
Mechanical Recycling (MR): recycling facilities to deliver higher-quality output
Chemical Recycling Feedstock (CR): preparing feedstock for Europe’s emerging chemical recycling plants
Packaging waste processed/year
1Mt
Customers
100,000
Revenue 2025
€400M
Services & solutions
arcLABS
A leader in advanced analytics and new technologies, providing rapid, reliable and repeatable characterization of plastic waste — positioning Agilyx to maintain technology leadership while directly supporting the growth of its cash‑flowing feedstock businesses.
Styrenyx
The depolymerization technology breaks polystyrene down into virgin‑equivalent monomer for reuse in high‑quality products — a result of over 20 years of R&D, now proven in commercial operation at Toyo Styrene's facility in Chiba, Japan.

Why invest in Agilyx?

Learn more
01

Profitable EU platform

GreenDot, Europe's leading recycling brand, provides a scaled, integrated and profitable platform to supply market needs, with EBITDA projected to grow from €11m 2025 to €50m by 2028.
02

First mover in a dynamic market

A structural supply gap in European recycled plastics creates opportunity for rapid growth, with packaging demand for recycled plastic set to rise steeply toward 2040 while European output remains structurally short of what regulation requires.
03

De-risked market positioning

Positioned upstream in the value chain, the platform decreases dependency on conversion technologies, underpinned by stable, contracted cash flow from producer-funded waste collection that is largely independent of plastic price cycles.
04
Low capital needs
Agilyx's strengthened financial position and extended runway support organic financing of growth, with the platform's existing cash generation already funding margin expansion without reliance on new capital raises.
05

Integrated competitive advantages

Agilyx is the only European platform combining conversion technology, in-house R&D, EPR scheme ownership and AI-driven compliance across mechanical and chemical recycling, capabilities competitors cannot easily replicate.
MARKET OPPORTUNITY

Turning waste into value

Only 9% of global plastic waste is recycled
Source: Global Plastics Outlook: Economic Drivers, Environmental Impacts and Policy Options
While plastic production is projected to double by 2050, current recycling rates remain unsustainably low at 9%. Agilyx invests in the technology and infrastructure needed to help recover value from the remaining 91% (320Mt).
EU targets drive recycled plastic demand
Recycled plastic used in European packaging, Mt Recycled plastic required to meet EU targets for packaging, Mt
Of the 8Mt recycled plastic output in Europe, 2.5Mt are used for packaging. With EU recycling targets in place, packaging is expected to grow by 2X in the near term. Agilyx is well positioned to capture this growing demand.
  • Regulatory highlights

    Recycling industry expected to benefit from demand tailwind. EU recycling targets set to increase considerably from 2030 to 2040.
    All packaging in EU must be recyclable by 2030. Only A, B, C grade packaging allowed by 2030.
    Ban on plastic waste exports to non-OECD countries. Ban in effect from November 21, 2026.
    All plastic packaging must contain recycled plastic by 2030. Targets apply across EU from August 12, 2026.

Shareholders & the share

Top shareholders
SAFFRON HILL VENTURES 3 LP
27.61
%
-
34,746,761
shares
UBS AG
9.18
%
-
11,548,423
shares
SKANDINAVISKA ENSKILDA BANKEN AB
8.84
%
-
11,121,337
shares
SIX SIS AG
6.59
%
-
8,289,901
shares
SAFFRON HILL VENTURES 2 LP
6.21
%
-
7,815,604
shares
The share
The share

Our history

Agilyx was founded in 2004 to help solve the crisis of plastic waste. Since then, we have driven innovative solutions across the value chain by developing innovative technology and driving investments to scale the production of high-quality feedstock.
2026
Agilyx assumes 100% ownership of Cyclyx International, including use of all data, IP, designs, and its commercial platform.
Agilyx increases ownership in GreenDot Global S.Ă  r.l. to 50.1%, gaining control and consolidating GreenDot into the Group's financial statements.
2025
Agilyx launches Plastyx Ltd. to source and supply feedstock for the European advanced plastic recycling industry.
arcLABS is open for operation. Our state-of-the-art R&D lab is dedicated to developing sustainable solutions for plastic waste that support the move towards plastic circularity.
Agilyx makes fully financed acquisition of 44% of GreenDot Global S.à r.l., significantly strengthening Agilyx´s presence in the European market and creating a global platform for sourcing and supplying feedstock.
2024
Powered by Styrenyx, Agilyx’s proprietary depolymerization technology, Japan’s largest advanced recycling facility for polystyrene waste is operational.
2022-2023
Agilyx listed on the main list of the Oslo Stock Exchange.
LyondellBasell joins the Cyclyx joint venture with Agilyx and ExxonMobil.
2021 - 2022
Cyclyx International, a post-use plastic-to-feedstock innovator, is launched with ExxonMobil as a joint venture partner.
Agilyx and Technip Energies’ launch TruStyrenyx, an all-in-one technology platform for the advanced recycling of polystyrene.
2020
Agilyx listed on the Merkur Market, part of the Oslo Stock Exchange (now EuroNext Growth). ISCC PLUS certification received for fully circular pathway for polystyrene recycling.
2013-2014
TSCA registration received from US EPA for Agilyx Synthetic Crude Oil (ASCO), and 8 million pounds of mixed waste plastics are processed.
2010-2012
Generation 4 and 5 technology released and business grows to commercial deployment.
2006-2008
Development of Generation 1 technology and oil production breakthrough.
Generation 2 and 3 technology released.
2004
Agilyx founded in Longview, Washington (US) to develop chemical recycling technology.

Management & board  

Ranjeet Bhatia, Chief Executive Officer of Agilyx ASA, smiling in a professional headshot
Ranjeet Bhatia
Chief Executive Officer (CEO)
Bertrand Laroche, Chief Financial Officer of Agilyx ASA, professional headshot wearing a navy suit
Bertrand Laroche
Chief Financial Officer (CFO)
Chris Faulkner, Chief Technology Officer of Agilyx ASA, smiling in a professional headshot wearing glasses
Chris Faulkner, Ph.D
Chief Technology Officer (CTO)
Alex de Geofroy, Vice President of Information Technology and Analytics at Agilyx ASA, professional headshot
Alex de Geofroy
Vice President of Information Technology and Analytics
Peter Norris, Chairman of the Board of Agilyx ASA, wearing glasses and a tweed jacket
Peter Norris
Chairman of the Board
Carolyn Clarke, Chair of the Audit Committee at Agilyx ASA, smiling in a professional headshot
Carolyn Clarke
Chair of Audit Committee
Steen Jakobsen, Chair of the Compensation Committee at Agilyx ASA, professional headshot in a dark suit
Steen Jakobsen
Chair of Compensation Committee
Catherine C. Keenan, Chair of the Sustainability Committee at Agilyx ASA, professional headshot
Catherine C. Keenan
Chair of Sustainability Committee
Close-up macro photograph of clear plastic film with water droplets, tinted green.

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Gloved hands holding shredded plastic waste feedstock material used as recycling process input
LEARN MORE

A primer to the plastic recycling industry and the Agilyx ecosystem

The recycling industry is full of challenges and opportunities. With seven primary types of plastic and countless combinations of additives and contaminants, the waste stream is incredibly complex. Explore our glossary of key terms, and the plastic types behind them below.