Agilyx Corp., a pioneer in the advanced recycling of post-use plastics, and Braskem, the largest polyolefins producer in the Americas and global producer of biopolymers, have announced the initiation of a feasibility study to explore the development and construction of an advanced plastics recycling project in North America.
This project comes on the heels of an earlier announcement detailing a collaboration between Braskem and Encina Development Group to develop a long-term relationship enabling the production of circular recycled polypropylene (PP).
The Agilyx/Braskem partnership aims to examine an efficient pathway to produce polypropylene (PP) using difficult-to-recycle mixed waste plastics, powered by Agilyx advanced recycling technology. Mixed waste plastics for this project would be sourced through Agilyx’s feedstock management company, Cyclyx International Inc. In addition, this project is targeting circular PP with the necessary properties for demanding customer applications such as food packaging and consumer and hygiene products.
Mark Nikolich, CEO of Braskem America, stated, “As the North American leader in polypropylene, Braskem is committed to evolving its feedstock portfolio to leverage more-sustainable input sources and is currently evaluating various supply agreements and innovative projects to drive this shift. Our collaboration with Agilyx is just the most recent example of Braskem’s efforts to more holistically address the limited availability of propylene feedstock derived from post-use plastic in the market today. Looking forward, Braskem intends to explore direct investment options as needed to help accelerate this transition to more circular and sustainable feedstock and production technologies.”
Tim Stedman, CEO of Agilyx, commented, “We are pleased to partner with Braskem to advance this project forward and to expand the market for post-use recycled plastic. Agilyx has a proven technology leadership and track record in converting hard-to-recycle plastic. This collaboration targets a new product pathway for Agilyx, converting mixed waste plastic into the chemical building blocks used to produce polypropylene.”