Agilyx Introduces Commercial Pyrolysis Technology That Chemically Recycles Waste Polystyrene at APEC High-Level Meeting

Agilyx Corporation based in Tigard, OR presented a new commercial chemical recycling technology that returns polystyrene waste to its highest value at the APEC High-Level Meeting on Overcoming Barriers to Financing Waste Management Systems to Prevent Marine Litter. The Agilyx system is modular, scalable (10, 25, and 50TPD), and nets up to a 50% reduction of greenhouse gases over traditional styrene manufacturing.

Tigard, OR, October 13, 2016 --(PR.com)-- Brian Moe, Agilyx VP of Production & Supply Chain, presented the innovative technology in Tokyo, Japan on September 29, 2016.

Agilyx Corporation based in Tigard, OR presented a new commercial chemical recycling technology that returns polystyrene waste to its highest value at the APEC High-Level Meeting on Overcoming Barriers to Financing Waste Management Systems to Prevent Marine Litter. The Agilyx system is modular, scalable (10, 25, and 50TPD), and nets up to a 50% reduction of greenhouse gases over traditional styrene manufacturing. The Agilyx 10TPD system was of particular interest to many conference participants because it met the criteria of a small system solution. Small system solutions are considered a critical part of solving the ocean plastic waste challenge.

The Meeting assembled diplomatic, corporate, and NGO luminaries to address the challenge of committing to better waste management in Asia. US Ambassador Caroline Kennedy, Tadahiko Ito, State Minister of the Environment (Japan) and Motome Takisawa, the Parliamentary Vice-Minister for Foreign Affairs (Japan) opened the meeting. The Meeting was sponsored by the US Department of State, the Trash-Free Seas Alliance, MOFA Japan, and the Ministry of the Environment, Government of Japan. Multiple speakers identified the significant challenges facing the region including lack of investment, developing an integrated waste stream, a regulatory patchwork that impacts financing instruments, and the high costs of inaction. The ramifications of continuing inaction include high-cost impacts to public health, water quality, tourism, and air pollution. Participants discussed ways to accelerate investment and how the current financing of waste management which results in minimal investment in waste management needs to change to reflect both risk and reward.

“With the recognition that responding to ocean waste will take municipalities, investors, and NGOs working together to develop the needed infrastructure, we are excited to bring our expertise to the table.” – Ross Patten, CEO, Agilyx

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