Agilyx ASA reports Styrenyx analysis shows CO2 emission reductions of up to 86%

Rhea-AI Summary

Agilyx ASA (OTCQX: AGXXF) has announced significant environmental achievements for its proprietary Styrenyx recycling technology. A third-party reviewed Product Carbon Footprint report by Sphera Solutions reveals that Styrenyx's depolymerization of waste polystyrene can reduce CO2 emissions by up to 86% compared to fossil-based production when using renewable energy.

The ISO 14067:2018 compliant study shows that even when powered by a standard electrical grid, Styrenyx can achieve a minimum of 46% reduction in carbon-equivalent emissions, surpassing the previously reported 38% savings from March 2025. This cradle-to-gate analysis demonstrates Agilyx's commitment to sustainable plastic recycling solutions.

Positive

• Up to 86% reduction in CO2 emissions when using renewable energy
• Minimum 46% carbon emission reduction with standard grid power, exceeding previous 38% estimate
• Third-party validation confirms environmental benefits of proprietary technology

Negative

• None.

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On the day this news was published, AGXXF gained 1.53%, reflecting a mild positive market reaction.

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OSLO, Norway, Aug. 19, 2025 /PRNewswire/ -- Agilyx ASA (OSE: AGLX) (OTCQX: AGXXF) (ISIN: NO0010872468) (WKN: A2QGQ) ("Agilyx" or the "Company"), announces a third-party reviewed Product Carbon Footprint report of Styrenyx, Agilyx's proprietary recycling technology, shows CO2 emissions can be cut by up to 86% by using depolymerization of waste polystyrene compared to fossil production.

To better assess the carbon footprint of Styrenyx, our advanced recycling, post-consumer waste circular styrene production, Agilyx commissioned Sphera Solutions, Inc. to perform a cradle-to-gate product carbon footprint (PCF) consistent with ISO 14067:2018 standards, and compare results to conventional production of styrene from fossil resources. As announced in March 2025, the results have now been reviewed by a third party, confirming that when Styrenyx uses renewable energy to recycle polystyrene (PS) to styrene, it can reduce up to 86% of carbon-equivalent emissions compared to fossil-based production. At minimum, Styrenyx can save 46% carbon-equivalent emissions when powered by a standard electrical grid. This is higher than the 38% savings originally reported in March 2025.

"Our advanced recycling technology not only enables a circular economy for plastic, it does so with lower-carbon impact. Investing in and choosing innovative solutions for plastic waste is essential for building the infrastructure needed for a lower-carbon, more sustainable future, and helps solve the plastic waste crisis", said Chris Faulkner, Chief Technology Officer of Agilyx.

Download the full report by visiting our website: https://www.agilyx.com/styrenyx/

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SOURCE Agilyx

FAQ

What are the CO2 emission reduction capabilities of Agilyx's Styrenyx technology?

Styrenyx can reduce CO2 emissions by up to 86% when using renewable energy, and a minimum of 46% when powered by standard electrical grid, compared to fossil-based production.

How does AGXXF's Styrenyx technology compare to traditional styrene production methods?

Styrenyx uses depolymerization of waste polystyrene, achieving up to 86% lower carbon-equivalent emissions compared to conventional fossil-based styrene production methods.

Who validated the environmental benefits of Agilyx's Styrenyx technology?

Sphera Solutions, Inc. performed the Product Carbon Footprint study, which was then reviewed by a third party, confirming the technology's environmental benefits in accordance with ISO 14067:2018 standards.

What improvement in carbon emission reduction did AGXXF report compared to March 2025?

The new analysis shows a minimum 46% reduction in carbon-equivalent emissions when using standard electrical grid, higher than the 38% savings reported in March 2025.