Future JV Co-Owner Agilyx Named Market Developer of the Year
The Woodlands, Texas – December 4, 2018 – AmSty and Agilyx recently announced the signing of a Letter of Intent to form a joint venture that will assume operations of Agilyx’s first-in-kind polystyrene recycling facility in Tigard, Oregon. Today it was also announced that Agilyx has been recognized as Market Developer of the Year by WasteDive for its work in polystyrene pyrolysis recycling.
The article published on Waste Dive describes the company's outlook: " [Agylix has a] new joint venture with AmSty for future expansion and another deal to provide fuel to a Delta Air Lines subsidiary indicat[ing] further upward trajectory for Agilyx."
The full article can be found here: https://www.wastedive.com/news/market-developer-of-the-year-agilyx/539387/
Mr. Joshua Want, 844-512-1212
AmSty is one of the largest integrated producers of polystyrene and styrene monomer in the Western Hemisphere, offering solutions and services to customers in a variety of markets throughout the Americas. The company is headquartered in The Woodlands, Texas, and is now a member of the American Chemistry Council and its Responsible Care initiative.
Agilyx is an environmental technology and development company located in Tigard, Oregon that extracts value from difficult-to-recycle mixed waste plastic streams. The Company has developed the first full-circle system capable of recycling post-consumer polystyrene (packaging materials, foam cups, etc.) into styrene monomer, which is then used to make new polystyrene (“PS”) equal in quality and composition to the original product. The company has also commercialized a technology that converts mixed plastics to high quality VGO crude. Agilyx is working with waste service providers, municipalities, refiners, and private and public enterprises to develop closed-loop industrial solutions for mixed waste plastics.