Agilyx and Technip Energies Advance Technology Collaboration

Slettet bruker
AGLX 25.08.2022 kl 08:38 1016

Nok en svært positiv nyhet fra Agilyx;

"Agilyx and Technip Energies Advance Technology Collaboration and Announce Launch of TruStyrenyx™ for Chemical Recycling of Polystyrene

25 AUG 2022 07:05 CEST

Agilyx and Technip Energies announced today the launch of the TruStyrenyx™
brand, the only all-in-one solution for the chemical recycling of polystyrene.
TruStyrenyx™ combines Agilyx’s pyrolysis process and Technip Energies
purification technology, yielding a recycled styrene monomer with exceptional
high purity. Styrene monomer is used to make numerous plastics and other
polymers. It is one of the three primary components of ABS
(acrylonitrile-butadiene-styrene), can make the pure polymer polystyrene, and is
an ingredient in various synthetic rubbers.

This launch follows successful results from pilot plant testing conducted on
difficult to recycle waste polystyrene, including flame retardant laden waste
polystyrene. Recycled styrene monomer from the pilot plant meets American
Society for Testing and Materials (ASTM) standards(1) for styrene monomer and is
greater than 99.8 wt% purity. Flame retardants contain halogens, which are known
to be difficult impurities for current polymer production processes. The pilot
plant has successfully shown that the resulting halogen concentration in the
styrene monomer product is below available detection limits(2).

Technip Energies and Agilyx announced their partnership in June 2021, leveraging
Agilyx conversion technology and Technip Energies purification process.

Bhaskar Patel, SVP of Sustainable Fuels, Chemicals and Circularity at Technip
Energies, said: “We are pleased with the results of our pilot plant testing in
our R&D facility in Weymouth, Massachusetts. This marks an important step in our
development of circular solutions for styrenics technologies, and our
relationship with Agilyx. Our joint innovative solution, TruStyrenyx™, for the
chemical recycling of polystyrene offers potential clients a feasible way to
make polymer products from recycled sources without compromising product
integrity.”

Chris Faulkner, Ph.D, Chief Technology Officer at Agilyx, said: “This technology
collaboration is completely new to the marketplace, offering an all-in-one
solution for the chemical recycling of Polystyrene. The high purity of the
recycled styrene monomer from testing proves that TruStyrenyx™ offers a
recycling solution on par with virgin materials.”


(1) ASTM standards are used and accepted worldwide and cover many industries.
(2) By ASTM D7359 testing method.


About Technip Energies
Technip Energies is a leading Engineering & Technology company for the energy
transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen
and ethylene as well as growing market positions in blue and green hydrogen,
sustainable chemistry and CO2 management. The company benefits from its robust
project delivery model supported by extensive technology, products and services
offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our
client’s innovative projects to life, breaking boundaries to accelerate the
energy transition for a better tomorrow.
Technip Energies is listed on Euronext Paris with American depositary receipts
(“ADRs”). For further information: www.technipenergies.com.

About Agilyx
Agilyx is a technology company that enables customers to recycle
difficult-to-recycle post-use plastics to high value, virgin-equivalent
products. With a focus on diversion and conversion of plastic waste, Agilyx is
uniquely positioned with a molecular recycling technology offering and an
integrated feedstock solution by way of Cyclyx, an innovative feedstock
management consortium of partners that drives up global plastic recycling rates
by chemically fingerprinting plastic waste and matching it to appropriate
recycling processes. Agilyx was the first to establish a commercial scale closed
loop plastic-to-plastic chemical recycling facility and holds over 17 patents.
Agilyx conversion technology utilizes pyrolysis without a catalyst and can
convert mixed waste plastic to naphtha and fuels or depolymerize specific
plastics such as polystyrene and PMMA (acrylic) back into virgin-quality
products. Learn more at www.agilyx.com."

Kilde: https://live.euronext.com/nb/product/equities/NO0010872468-MERK#CompanyPressRelease-11801151
Arky
26.08.2022 kl 10:55 936

Hva tenker dere om dagens kvartallstall?
Teknisk er det motstand rund t 27,0 der vi ligger nå,,,
Arky
02.09.2022 kl 08:11 848

Da er emisjonen som var litt ventet gjort.

Kanskje den kam begynne oppturen herfra?
Slettet bruker
06.09.2022 kl 10:54 745

Ja, emisjonen var litt ventet og kom ikke som noen overraskelse. Det jeg synes er fint, er at emisjonskursen ikke ble satt for langt ned, kr. 24, og emisjonen ble flere ganger overtegnet. Nå tror jeg kursen skal oppover, nå har Agilyx nok cash til forhåpentligvis å bli cash positive på driften.

Agilyx har jo meldt at de vil på hovedlisten fra medio september i år. Det er jo en kurstrigger i seg selv.
Slettet bruker
06.09.2022 kl 10:57 744

Både styreformann, CEO, styremedlem Jakobsen, og største eier Saffron Hill Ventures kjøpte aksjer! Ledelsen har trua, jeg også. Kjøpte fleire aksjer selv i dag.
Single Malt
18.10.2022 kl 17:11 631

AGLX: CYCLYX SIGNERT AVTALE MED EXXON OG LYONDELLBASELL