MOSCOW (MRC) -- Agilyx Corporation and INEOS Styrolution have signed a memorandum of understanding (MOU) for deploying Agilyx’s de-polymerisation technology at or near to an INEOS Styrolution facility in North America, as per INEOS Styrolution's press release.
The aim is to convert post-consumer polystyrene (PS) waste into styrene monomer (SM) that can be used to re-manufacture new PS products.
The cooperation objectives defined in the MOU between Agilyx Corporation and INEOS Styrolution are the natural next step to set up a chemical recycling infrastructure and establish a circular economy for PS.
Agilyx opened its first commercial waste polystyrene-to-styrene oil chemical recycling plant on April 19, 2018. The plant recycles up to 10 tons per day of previously unrecoverable polystyrene waste to produce high-quality styrenic polymers.
INEOS Styrolution is committed to driving the advancement of the de-polymerisation technology. Together with several research institutions, the company is working on a technical feasibility study and is aiming at the development of a holistic recycling concept in collaboration with waste management companies.
Both companies are committed to drive the "chemical recycling" technology forward, which is based on the de-polymerisation of post-consumer polystyrene waste. This technology aims at achieving virgin, high-quality polystyrene ultimately suitable for food-contact applications and medical applications.
"We are very excited to expand our partnership with INEOS Styrolution focused on creating a true circular pathway for polystyrene using our existing chemical recycling platform," says Joe Vaillancourt, CEO of Agilyx. "This collaboration not only looks to support deployment of a new chemical recycling application, but it also helps create a new innovative supply chain that bridges both the plastics and waste management industries. This combination creates a new circular economy reality for polystyrene."
Agilyx is a comprehensive environmental solutions company located in Tigard, Oregon that extracts value from waste plastic streams. The company was founded on developing hydrocarbon recycling technologies that convert mixed plastics to high quality crude oil. It has since expanded its technology platform by developing the first circular chemical recycling system capable of converting waste polystyrene (packaging materials and consumer products, etc.) into styrene monomer, which is then used to remake PS products.
INEOS Styrolution is the leading, global styrenics supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 85 years of experience, INEOS Styrolution helps its customers succeed by offering the best possible solution, designed to give them a competitive edge in their markets. The company provides styrenic applications for many everyday products across a broad range of industries, including Automotive, Electronics, Household, Construction, Healthcare, Packaging and Toys/ Sports/ Leisure. In 2017, sales were at 5.3 billion euros. INEOS Styrolution employs approximately 3,300 people and operates 16 production sites in nine countries.
MRC