Agilyx closes growth financing and opens offices in Oslo Norway and Boston Metro area

January 15, 2020

— Agilyx Corporation, a leader in chemical recycling of post-use plastics, announced it has secured growth financing from European investors with Carnegie Investment Bank serving as sole advisor. The company is establishing offices in Oslo, Norway and the Boston Metro Area.

CEO Joe Vaillancourt stated: "This announcement is a major milestone for the Company. We are excited to add such an impressive set of investors to the Agilyx team who share our vision and commitment to environmental solutions."

Christian Begby, CEO of Carnegie Norway, remarked: "We strongly believe that the world needs to improve current plastic recycling rates and treat plastic as a renewable resource, and that Agilyx has the solution, expertise and business model to be a leading player in this commercial transformation."

About Agilyx Corporation

Agilyx is the leader and pioneer in chemically recycling difficult-to-recycle post use plastic streams into high value low carbon circular feedstocks and fuels. The company developed the first system capable of recycling polystyrene waste into styrene monomer for remaking new polystyrene products and has commercialized technology converting mixed plastics to high quality crude oil. The company has expanded its product platform into customized low carbon chemicals, polymers and fuels. Agilyx collaborates with waste service providers, municipalities, refiners, and enterprises to develop closed-loop industrial solutions for mixed waste plastics. For more information, visit www.agilyx.com.

About Carnegie Investment Bank

Founded in 1803, Carnegie Investment Bank is the market leader in Investment Banking, Securities and Private Banking services in the Nordic region with offices in London and New York. The firm employs 620 professionals.