Agilyx launches Plastyx Ltd. to source and supply feedstock for the European Advanced Plastic Recycling Industry
Agilyx ASA announced the launch of Plastyx Ltd. in collaboration with Carlos Monreal. Plastyx aims to be Europe’s leading feedstock supplier to the advanced plastic recycling market. Plastyx Ltd. is a 60:40 joint venture between Agilyx and Circular Resources SARL. Mr. Monreal will serve as Chairman.
While advanced plastic recycling technologies are scaling industrially and complementing mechanical recycling, the industry’s growth remains constrained by the availability of consistent, high-quality feedstock. Plastyx is designed to bridge this gap by developing partnerships and material processing capabilities to ensure a reliable supply of high-quality polymers for food-grade and other high-performance packaging applications. The company´s near-term objective is to source and execute MOUs for 200,000 metric tons of waste plastic by the end of 2025.
By integrating Cyclyx’s feedstock management capabilities with Plastyx, through Agilyx’s shared ownership interest, the company aims to establish a strong first mover in this critical market segment.