PORTLAND, Ore., Dec. 11, 2019 — Agilyx Corporation announced a collaboration with General Electric Company's Licensing business unit to advance chemical recycling of post-use plastics using artificial intelligence and machine learning technologies.

The partnership aims to increase the chemical recyclability of post-use plastics from the current 10% to over 95% by deploying AI technologies, machine learning, predictive modeling, and optimization tools in combination with supply chain innovations.

Joe Vaillancourt, Agilyx CEO, stated: "The main challenge to scaling solutions is effectively managing variability and complexity of materials and contaminants within diverse waste streams."

He continued: "By leveraging GE's expertise in AI, ML and PM, we are deploying a toolset for global use. Consumers can utilize plastic as a valuable renewable resource creating a true circular economy for plastics."

Pat Patnode, President of GE Licensing, remarked: "This collaboration is a wonderful example of how we're connecting GE's vast technology portfolio with world-class industry partners like Agilyx to improve the environment."

Colin Parris, Vice President of Software Research for GE Research, added: "Together with Agilyx, we can integrate their deep industry domain knowledge with our AI, machine learning and modeling techniques to bring recycling almost entirely full circle."

About Agilyx Corporation

Agilyx, based in Portland, Oregon, is the leader in chemically recycling difficult-to-recycle post-use plastic streams into high-value, low-carbon circular feedstocks and fuels. The company has developed systems for recycling polystyrene waste into styrene monomer and converting mixed plastics to high-quality crude oil. Agilyx works with waste service providers, municipalities, refiners, and enterprises to develop closed-loop industrial solutions.

Contact: info@agilyx.com | www.agilyx.com