Agilyx Corporation, a pioneer in the advanced recycling of post-use plastics, announced today the opening of its European hub outside of Zurich, Switzerland. 

 

The European hub reinforces the company’s commitment to accelerate technology partnerships, emphasizing an increased focus in Europe. Following Agilyx’s successful listing on the Merkur Market of the Oslo Stock Exchange in September, the company announced it intends to use the net proceeds from the Private Placement to increase project development and delivery, pipeline development and R&D expansion globally.

 

“Following months of planning, we are pleased to expand our physical presence in Europe,” said Tim Stedman, CEO of Agilyx. “This is an important step in providing more accessibility to Agilyx’s technology and know-how in Europe, a region where circularity is set high on the agenda."  The European hub includes members of the management team, including the Chief Executive Officer, Tim Stedman, as well as corporate and business development functional leadership.