Agilyx As Stock Price, News & Analysis

Agilyx ASA (AGXXF) is described as a technology company focused on the advanced recycling of challenging post-use plastics into high-value, virgin-equivalent products. The company is associated with the facilities support and waste management sector and is traded on the OTCQX market in the United States under the symbol AGXXF, and on Euronext Growth Oslo under the symbol AGLX. Public statements emphasize its role as an early participant in advanced and chemical recycling of difficult-to-recycle plastics.

According to company and market communications, Agilyx has developed chemical recycling and depolymerization technologies that enable mixed plastic waste or discrete plastic streams, such as polystyrene, to be converted into new plastics, chemical products, and fuels. This approach is positioned as enabling circular use of plastics by turning post-use material back into feedstock for new production, rather than treating it solely as waste.

Core technologies and solutions

Agilyx highlights several technology platforms and solutions. Its depolymerization technology is used to convert post-use polystyrene into styrene monomer, which can then be used to produce new polystyrene products with a lower reported carbon footprint than products made from virgin monomer. This technology has been demonstrated at a chemical recycling facility in Japan, where a plant designed to process post-use polystyrene into styrene monomer has produced on-specification product during commissioning.

The company also promotes Styrenyx, described as a proprietary polystyrene recycling technology for producing circular styrene from post-consumer waste. Agilyx commissioned a product carbon footprint analysis of Styrenyx-based styrene production, comparing it with conventional styrene made from fossil resources. The third-party reviewed assessment, conducted according to ISO 14067 standards, indicates that using Styrenyx with renewable energy can significantly reduce carbon-equivalent emissions compared to fossil-based production, with lower but still meaningful reductions when powered by a standard electrical grid.

Agilyx additionally markets TruStyrenyx, which is described as a full polymer-to-monomer advanced recycling solution for polystyrene. TruStyrenyx combines Agilyx’s Styrenyx depolymerization platform with a purification process from Technip Energies. This solution is intended to produce high-purity styrene monomer that can be used to make new, including food-grade, plastic products or packaging.

Joint ventures and partnerships

Agilyx’s public communications emphasize the importance of feedstock management and partnerships in scaling advanced recycling. Through Cyclyx International, LLC, a feedstock management joint venture in which ExxonMobil and LyondellBasell are noted as minority participants, Agilyx supports the collection and processing of post-use plastic waste into custom-formulated, high-quality feedstock solutions for global plastic producers. Cyclyx focuses on tailoring feedstock to meet the needs of recycling and production processes.

The company also participates in Plastyx Ltd, a joint venture with Circular Resources. Plastyx is described as sourcing and executing memoranda of understanding for large volumes of waste plastic to supply both mechanical and advanced recycling markets. Public updates indicate that Plastyx aims to secure European-sourced feedstock for global recycling applications, with a focus on high-quality polymers for packaging and other uses.

Beyond joint ventures, Agilyx has announced collaborations with industry partners. For example, a cooperation with INEOS Styrolution and Technip Energies is focused on developing a large-scale TruStyrenyx chemical recycling facility designed to process significant quantities of polystyrene waste per day into styrene monomer. Another collaboration with BioBTX aims to integrate Agilyx pyrolysis technology for difficult-to-recycle plastics with BioBTX catalytic technology to produce renewable aromatic chemicals such as benzene, toluene, and xylene.

Role in circular plastics and low-carbon transition

Company statements consistently frame Agilyx as working to shift from a linear “make-take-waste” plastics model toward a circular economy. By converting post-use plastics into virgin-equivalent products and feedstocks, Agilyx positions its technologies as enabling circularity and supporting a lower-carbon future. The product carbon footprint work around Styrenyx is presented as evidence that advanced recycling can reduce greenhouse gas emissions compared to conventional, fossil-based production routes for styrene.

Agilyx communications also emphasize extensive intellectual property and feedstock expertise, and describe its approach as adaptable and capable of providing bespoke solutions for different customer needs within plastic waste recycling and advanced recycling projects.

Trading and market presence

Agilyx shares trade in the United States on the OTCQX Best Market under the symbol AGXXF. The company’s upgrade to OTCQX from the Pink market was described as a step to provide more transparent trading for U.S. investors, using its home-market reporting to make information available internationally. The company is also listed on Euronext Growth Oslo under the ticker AGLX. Public information notes that Agilyx has projects across multiple regions and works with a range of partners, including waste service providers, municipalities, petrochemical companies, and brand and retail companies, to develop closed-loop recycling solutions for mixed waste plastics.

Recognition and governance

Agilyx has been mentioned in industry-focused rankings. Its chief executive at the time was included in an ICIS Top 40 Power Players list, which highlights executives perceived as having significant positive impact in the chemical industry in areas such as environmental, social and governance performance, innovation, and project development. The company has also communicated changes to its board of directors, noting the addition of members with backgrounds in chemicals, waste management, environmental services, and regulation.

Industry classification

For classification purposes, Agilyx ASA is associated with the Administrative and Support and Waste Management and Remediation Services sector and the Facilities Support Services industry. Its public materials, however, describe it specifically as a technology company and a technology enabler for advanced and chemical recycling of post-use plastics.