Agilyx granted its 22nd patent and advances technology leadership in polystyrene recycling

12 Dec 2024 08:50 CET

OSLO, Norway – December 12, 2024 – Agilyx ASA (OSE: AGLX; OTCQX: AGXXF)
(“Agilyx” or “the company”)is pleased to announce the issuance of patent US
12,139,671 B2 further demonstrating Agilyx’s expertise and leadership in the
waste plastic to value recovery space. This patent builds on existing
depolymerization patents, incorporating technology for enhancing process
performance and product recovery.

Commenting on the granting of the patent, Chris Faulkner, Chief Technology
Officer at Agilyx stated:
“With this latest patent, Agilyx continues to demonstrate innovation and
technology leadership in waste plastic depolymerization and valuable product
recovery. We are proud to offer integrated solutions that increase plastic
recycling rates and lead the way towards plastic circularity.”

This latest patent is the result of specialist in-house research and development
reflecting the deep technical know-how and commercial-scale operations that
Agilyx has built since the company was founded in 2004. Corresponding PCT and
international filings are pending.

ABOUT AGILYX
Agilyx ASA is at the forefront of plastic waste recycling, enabling the
conversion of challenging post-use plastics into high-value, virgin-equivalent
products. Recognizing that availability of high-quality custom feedstock is
critical for scaling recycling processes, Agilyx, through its Cyclyx joint
venture, provides tailored feedstock solutions to global plastic producers. By
advancing from a linear "make-take-waste" model to a sustainable circular
economy, Agilyx supports the transition to a low-carbon future. Our adaptable
approach ensures bespoke solutions, leveraging extensive IP and Cyclyx’s
feedstock expertise to meet diverse customer needs. For more information, visit
Agilyx’s corporate website www.agilyx.com

CONTACTS
For investor inquiries: investors@agilyx.com

More information:
Access the news on Oslo Bors NewsWeb site