Agilyx AS (AGLX) -Mitsubishi Chemical announces successful trial of purification process linked to Agilyx Technology for recycling acrylic, finalizing the end-to-end technology[...]

Agilyx AS (AGLX) -Mitsubishi Chemical announces successful trial of purification process linked to Agilyx Technology for recycling acrylic (plexiglass) back to virgin equivalent material, finalizing the end-to-end technology to be used in a first-in-class commercial scale plant in Europe. oAcrylic / PMMA / Plexiglass, has a total market size of more than 1.3 million tons, equivalent to ~40 Agilyx systems OSLO, Norway, May 6, 2022 - Agilyx (Euronext Growth Oslo: AGLX.OL: OTCQX: AGXXF) partner Mitsubishi Chemical has announced positive results following purification trials using Agilyx technology. As part of Mitsubishi's project to make acrylic (commonly known as plexiglass) fully circular, the company recently ran purification trials for methyl methacrylate (MMA, a building block of PMMA) recycled from waste acrylic (PMMA). After proving that molecular recycling is possible on a large scale with Agilyx technology, using a variety of feedstocks (coloured and clear PMMA, extruded and cast PMMA, with post-industrial and post-consumer waste), Mitsubishi recently completed refinement trials to test the purity of the final product. The purification process worked so effectively at removing contaminants that the result was recycled MMA with the same purity as virgin MMA. Resources: https://mcc-methacrylates.com/positive-results-in-our-recycling-purification-tri als/ About Agilyx Agilyx is a technology company that enables customers to recycle difficult-to-recycle post-use plastics to high value, virgin-equivalent products. With a focus on diversion and conversion of plastic waste, Agilyx is uniquely positioned with a molecular recycling technology offering and an integrated feedstock solution by way of Cyclyx, an innovative feedstock management consortium of partners that drives up global plastic recycling rates by chemically fingerprinting plastic waste and matching it to appropriate recycling processes. Agilyx was the first to establish a commercial scale closed loop plastic-to-plastic chemical recycling facility and holds over 17 patents. Agilyx conversion technology utilizes pyrolysis without a catalyst and can convert mixed waste plastic to naphtha and fuels or depolymerize specific plastics such as polystyrene and PMMA (acrylic) back into virgin-quality products. Learn more at www.agilyx.com. Contacts Kate Ringier VP, Communications & Government Affairs + 41 43 883 0396 [email protected]

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