By: ICN Bureau
Last updated : June 06, 2025 8:38 am
Agilyx supports the collection and processing of post-use plastic waste into custom-formulated, high-quality feedstock solutions for global plastic producers
Agilyx announces its venture Plastyx has reached 75% of its near-term objective to source and execute MOUs for 200,000 metric tons of waste plastic by the end of 2025. As of it has executed MOUs for 150,000 tons.
At this rate, Plastyx is likely to double its target and help advanced recycling growth by developing partnerships and material processing capabilities to ensure a reliable supply of high-quality polymers for food-grade and other high-performance packaging applications.
Through Cyclyx, its joint venture with ExxonMobil (25%) and LyondellBasell (25%), Agilyx supports the collection and processing of post-use plastic waste into custom-formulated, high-quality feedstock solutions for global plastic producers.
Through Plastyx, its joint venture with Circular Resources (40%), Agilyx provides critical European-sourced feedstock to the global mechanical and advanced recycling markets. Additionally, Agilyx markets TruStyrenyx, a polystyrene advanced recycling solution that combines its Styrenyx depolymerization technology with Technip Energies’ purification process. By advancing from a linear “make-take-waste” model to a circular economy, Agilyx advances the transition to a low-carbon future.