Agilyx Corp. has announced the exclusive collaboration with TechnipFMC to jointly develop a process to purify Agilyx Styrene Oil to high purity styrene. This collaboration has been the result of over a year of evaluation, and their desire to expand their energy transition and circular economy offerings.
The collaboration between Agilyx and TechnipFMC, will leverage the expertise of each company enabling a new production path of styrene via post-use polystyrene products. The developed purification process will bolt on to Agilyx's existing depolymerisation technology and will accelerate the presence of recycled styrene and recycled polystyrene in the market. While manufactured from post-use polystyrene, the recycled styrene is expected to retain all of the properties and functionality of traditionally manufactured styrene.
Polystyrene is commonly used in consumer product applications and for commercial packaging. It is a versatile plastic that can be used in a solid form or foamed.
“We view this collaboration as an important step to meet the increasing demand for recycled content in plastic products,” stated Joe Vaillancourt, CEO of Agilyx. “Demand for recycled content is increasing globally driven by legislation as well as sustainability goals by major brand owners. We are excited to work with TechnipFMC, a company focused on advancing sustainable technologies and increasing plastic recovery.”
According to Stan Knez, President of TechnipFMC Process Technology: “This collaboration with Agilyx fully aligns with a strategic objective of TechnipFMC and it's Technip Energies segment to bring sustainable process technologies to the market place by developing circular economy technology for a major plastic used widely throughout the world.”
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/25062020/agilyx-and-technipfmc-announce-collaboration/