PORTSMOUTH, New Hampshire, USA – July 13, 2021 – Agilyx Corporation, a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): AGLX) and a pioneer in the chemical recycling of post-use plastics, announced today that recycled styrene monomer produced in its ISCC PLUS certified chemical recycling facility in Tigard, USA, has been successfully used for the manufacture of yogurt pots which are now on shelves in Europe.
Agilyx chemical recycling technology converts post-use polystyrene waste to its chemical building blocks, enabling new, virgin-quality plastics to be manufactured again and again. This recycled styrene monomer is now being used in the production of recycled polystyrene (rPS) for food contact applications, resulting in a global food manufacturer producing the first rPS yogurt pot in Europe.
A significant milestone for food contact packaging, the recycled styrene monomer in these new pots is made with 50 percent recycled polystyrene, demonstrating that depolymerization technology can provide the building blocks needed to create new, virgin-quality plastics, without the need for harvesting new fossil fuels.
“We could not be more excited about this groundbreaking achievement: waste plastic circularity into food-contact packaging is the gold standard of chemical recycling. These new pots made with up to 50 percent recycled polystyrene is a real-world example of our technology in action,” stated Tim Stedman, CEO of Agilyx.
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.
Contacts
Kate Ringier
VP, Communications & Government Affairs
+41 78 822 7770
[email protected]