Oslo, Norway, May 18, 2021 – Agilyx will present tomorrow, May 19, at Perella Weinberg Partners & Tudor, Pickering, Holt & Co. 2021 Virtual Global Chemicals Conference. Agilyx CEO, Tim Stedman will hold the presentation.
In the presentation, Agilyx confirms its mid-term project pipeline target, which translates into a ramp-up ambition of a capacity of 500 tons per day in operation and 1,500-2,000 tons per day in development stage. The financial implication of this would be an Agilyx revenue range of USD 200-300 million (including royalties from Cyclyx operations but not full Cyclyx revenues on feedstock sales).
Agilyx has announced 5 projects into development with partners over the past 5 months, which are evidence of the active developments towards achieving these mid-term targets.
Please find enclosed the presentation material for the webcast or download it on the investor relations section of Agilyx.com. Link to the conference web site: https://bit.ly/3yjDXJU.
Contact person: Kate Ringier Vice President, Communications & Government Affairs Agilyx
Phone: +41 78 822 7770
Email: kate.ringier@agilyx.com
Website: www.agilyx.com
About Agilyx
Agilyx (AGLX), is an early leader in the advanced recycling of difficult-to-recycle post-use plastic streams. With Agilyx’s chemical recycling technology, mixed plastic waste can be converted to new virgin-equivalent plastics, as well as chemical products and fuels – creating the opportunity for true circularity. The company has not only developed these first-to-market products but has also developed a feedstock management company Cyclyx International, Inc. and is working with many waste service providers, municipalities, petrochemical, and brand and retail companies to develop closed-loop advanced recycling solutions for mixed waste plastics. www.agilyx.com.