Agilyx, a chemical recycling technology company, and BioBTX, the global leader in renewable aromatics technology, have partnered to combine Agilyx's pyrolysis technology for difficult-to-recycle post-use plastics with BioBTX's catalytic technology.
The partnership aims to convert pyrolysis vapors into aromatic chemicals and create a unique synergy to produce renewable aromatic chemicals (benzene, toluene, and xylene: BTX) at BioBTX's first commercial demonstration plant.
The two companies hope to offer a high-quality BTX product that meets the demanding specifications of the chemical industry while converting difficult-to-recycle plastic waste streams.
Analyst QuickTake: This is Agilyx’s latest addition to its list of product development partnerships toward advancing plastic recycling and circularity. Last month, Agilyx announced the advancement of the TruStyrenyx chemical recycling facility in partnership with INEOS Styrolution America. Previously, the company partnered with players such as Styrenics, Braskem, and NextChem. To further expand its technology, the company has also set up joint ventures with Virgin Group (for developing lower-carbon fuel from plastic waste) and ExxonMobil (for waste plastic aggregation and pre-processing).
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