GreenDot´s Triplast Plastic Sorting Facility in Austria Announces €35 Million Expansion to Meet Growing Demand for Advanced Recycling Feedstock

22 Jul 2025 09:10 CEST

OSLO, Norway – July 22nd, 2025 – Agilyx ASA (OSE: AGLX; ISIN NO0010872468, WKN
A2QGQ) (“Agilyx” or the “Company”) announces that TriPlast, GreenDot Global´s
leading-edge sorting plant in Ennshafen, Austria will undergo a significant €35
million expansion to meet the increasing demand for advanced recycling
feedstock.

On an annual basis, the new facility, which will be built adjacent to the
existing plant, will process up to 41,000 tons of sorted waste plastic into
high-quality advanced recycling feedstock suitable for use in sensitive
applications such as food packaging. The three equal owners, Altstoff Recycling
Austria AG (ARA), Bernegger and GreenDot expect the project to be primarily
financed by existing grants and bank lending and that the new facility begin
production at the end of 2026.

Since starting operations in July 2024, the existing TriPlast facility has
exceeded expectations, operating at full throughput capacity and achieving an
85% yield. Utilizing state-of-the-art sensors capable of identifying 24 distinct
waste fractions, TriPlast effectively sorts materials collected through
Austria’s "Yellow Bag" and "Yellow Bin" programs. The plant´s throughput
capacity of 100,000 tons per year is sufficient to process approximately 50% of
Austria's annual volume of lightweight plastic and metal packaging. A diverse
team of 70 employees from 21 nations works on-site.

Currently, 30% of TriPlast’s output is sent to GreenDot facilities in Germany
for mechanical recycling. The output from the new facility will help support
GreenDot´s advanced recycling feedstock pipeline.

“TriPlast is a compelling best practice example of a cross-border circular
economy initiative, says Laurent Auguste, CEO of GreenDot. “Together with our
operations in Italy, our Austrian activities are critical investments to support
GreenDot´s rapidly expanding number of European customers seeking supply of
advanced recycling feedstock”.

ABOUT AGILYX
Agilyx ASA is at the forefront of advanced recycling, converting post-use
plastics into high-value feedstock and virgin-equivalent products. Through
Cyclyx, its joint venture with ExxonMobil (25%) and LyondellBasell (25%), Agilyx
supports the collection and processing of post-use plastic waste into
custom-formulated, high-quality feedstock solutions for global plastic
producers. Through Plastyx, its joint venture with Circular Resources (40%),
Agilyx provides critical European-sourced feedstock to the global mechanical and
advanced recycling markets. Additionally, Agilyx markets TruStyrenyx, a
polystyrene advanced recycling solution that combines its Styrenyx
depolymerization technology with Technip Energies' purification process. By
advancing from a linear "make-take-waste" model to a circular economy, Agilyx
supports the transition to a low-carbon future.

ABOUT GREENDOT
GreenDot brings nearly three decades of experience in the circular economy and
deep commercial relationships with global brands such as Nestle, PepsiCo, and
Mondelez, providing a unique end-to-end food packaging solution to brand owners.
Its close cooperation with Agilyx will significantly enhance Agilyx’s long-term
feedstock strategy and capacity to scale advanced plastic recycling solutions,
creating a unique global platform for waste plastic feedstock to meet rapidly
increasing demand for high-quality feedstock.


Inquiries: Contact@agilyx.com

Learn more at: www.agilyx.com

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