Agilyx and INEOS Styrolution advance development of large scale TruStyrenyx™ plant

Tim Stedman, CEO of Agilyx, said: "I'm delighted that we are partnering with INEOS Styrolution to continue development of the first large scale TruStyrenyx plant, utilizing some of the private placement funds Agilyx raised in September. We view TruStyrenyx as a game changer in the recycling of polystyrene, enabling an incredibly high purity, circular solution. This new facility will help to meet the growing demand from brand owners and consumers who want to see more recycled plastics in products."

OSLO, Norway, 27/03/2023 (informazione.news - comunicati stampa - scienza e tecnologia)

 "I'm delighted that we are partnering with INEOS Styrolution to continue development of the first large scale TruStyrenyx plant, utilizing some of the private placement funds Agilyx raised in September. We view TruStyrenyx as a game changer in the recycling of polystyrene, enabling an incredibly high purity, circular solution. This new facility will help to meet the growing demand from brand owners and consumers who want to see more recycled plastics in products."

 "We are very pleased to announce the advancement of the recycling plant in Channahon, Illinois . This facility will increase polystyrene recycling rates in the greater Chicago area and across the United States and demonstrates our company's ongoing commitment to sustainability. The TruStyrenyx facility will allow us to provide our customers with recycled content that is incredibly high purity for producing environmentally conscious products using innovative and sustainable solutions."

Louise Bryant
SVP, Investor Relations & Sustainability
+44 7813 210 809
louise.bryant@agilyx.com

Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com

April Ludwikowski
Communications Manager, Americas
INEOS Styrolution America LLC
4245 Meridian Parkway, Suite 151
Aurora, IL 60504, USA
+1 331.212.5757
april.ludwikowski@ineos.com

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