April 30, 2019 | Yahoo Finance
AmSty and Agilyx announce they have formed a joint venture, Regenyx LLC, dedicated to fully recycling post-consumer polystyrene materials back to new polystyrene products. Regenyx will utilize Agilyx’s chemical recycling process to convert used polystyrene products back to their original liquid form, styrene monomer. AmSty can then take that styrene monomer and work with its supply chain partners to make new polystyrene products with a favorable environmental profile without any degradation of quality or value. This form of circular recycling is known as the PolyUsable™ process.
Regenyx will assume the assets of Agilyx’s Tigard, Oregon, facility, which is currently scaled at 10 tons per day and already shipping recycled styrene monomer to AmSty. In addition, AmSty and Agilyx will work together to develop plans for a larger regional facility scaled to 50 tons per day, currently envisioned for the West Coast.
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