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

Agilyx and INEOS Styrolution

Agilyx ASA a technology company that enables customers to recycle post-use plastics to high value, virgin-equivalent products, and INEOS Styrolution America LLC the global leader in styrenics, are pleased to announce that they are advancing the development of a previously announced 100 tons per day TruStyrenyx™ chemical recycling facility in Channahon, Illinois.

TruStyrenyx is a partnership between Agilyx and Technip Energies and provides an all-in-one solution for the chemical recycling of polystyrene back into a high purity styrene monomer. The styrene monomer can be used to make new, food-grade plastic products or packaging. Under the agreement, Agilyx and Technip Energies will collaborate with INEOS Styrolution and together develop the design and engineering that will serve as the basis for constructing the chemical recycling facility. We anticipate completion of engineering in 2023, which will form the basis for a financial investment decision.

Greg Fordyce, President of INEOS Styrolution, said: "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."

About INEOS Styrolution

INEOS Styrolution is the leading, global styrenics supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 90 years of experience, INEOS Styrolution helps its customers succeed by offering the best possible solution, designed to give them a competitive edge in their markets. The company provides styrenic applications for many everyday products across a broad range of industries, including Automotive, Electronics, Household, Construction, Healthcare, Packaging and Toys/ Sports/ Leisure. In 2021, sales were at 6 billion euros. INEOS Styrolution employs approximately 3,600 people and operates 20 production sites in ten countries.

 

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