Agilyx and Nextchem to jointly develop chemical recycling projects based on pyrolysis
Type of post: NEWS IN BRIEF.
Agilyx and NextChem have entered into an agreement to support the development of advanced chemical recycling facilities globally. This agreement combines Agilyx’ s pyrolysis technology with NextChem’s expertise in licensing, implementation and EPC services for plastics recycling solutions.
Press release: “Maire Tecnimont Group’s Nextchem and Agilyx sign an agreement for the global deployment of chemical recycling projects based on pyrolysis”, 15/03/2021.
Figure 1. Agilyx’s polystyrene advanced recycling facility (Tigard, Oregon, USA)
Under the agreement, NextChem will act as a technology and EPC partner for Agilyx. The aim of this partnership is to accelerate the implementation of chemical recycling facilities globally, utilizing Agilyx advanced pyrolysis technology in the conversion of mixed waste plastic into circular olefins and circular fuels. With a longstanding expertise in the advanced recycling of plastics, Agilyx’s proprietary chemical recycling process can turn post-use plastics back into their original chemical components for continued use, increasing the recovery of plastics that cannot be recycled with traditional recycling processes.
The scope of the partnership, in its first phase, is to develop a series of chemical recycling projects for third parties. The initial focus will be on two already identified projects, one in Europe and one in South America. Furthermore, the agreement would represent an opportunity for co-investments in specific projects in order to accelerate the overall commercial pipeline.
