Agilyx Corporation, a wholly owned subsidiary of Agilyx AS, a leader in advanced recycling of post-use plastics back into plastics and low carbon fuels, applauds the National Recycling Strategy that was recently announced by the U.S. Environmental Protection Agency (EPA), along with its goal of increasing the national recycling rate to 50 percent by 2030.

Agilyx strongly supports the recent call for a revival of the U.S. recycling system, which faces significant challenges, ranging from consumer confusion to reduced international markets and old recycling infrastructure that has not kept pace with modern materials streams.

The company also encourages Congress to work with industry to prioritize recycling legislation in 2021, including accelerating the circular economy for plastics.

“As part of modernizing the US recycling system, regulatory frameworks should recognize the role of innovative advanced recycling and chemical recycling technologies that enable the conversion of plastics into feedstocks for new plastics and other products,” says Tim Stedman, CEO, Agilyx.

“With advanced recycling technology, even mixed plastic waste and difficult-to-recycle polymers can be used to make new, high quality plastics – opening up the possibility for plastic waste to be the feedstock of the future, instead of oil,” added Stedman.

Already there has been significant progress in domestic investments in the U.S. recycling system. In the last three years, 64 projects in mechanical and advanced recycling in the U.S. have been announced, valued at US $5.3 billion, according to the American Chemistry Council. Together, these projects have the potential to divert more than 4.0 million metric tons of waste from landfills each year.

“We believe that advanced recycling technology is the key to moving that number from 10% to 90% of plastic waste being recycled,” added Stedman.