Braskem and advanced recycling pioneer Agilyx Corporation, a wholly owned subsidiary of Agilyx AS have partnered to explore the potential for an advanced recycling facility in North America based on the chemical recycling technology developed by Agilyx.
The companies have announced the initiation of a feasibility study to investigate the development and construction of a facility, where difficult-to-recycle mixed waste plastic would be transformed into PP - ‘a new product pathway for Agilyx’, said CEO Tim Stedman.
The companies are seeking an efficient route to produce circular PP using mixed waste plastics sourced through Agilyx’s feedstock management company, Cyclyx International, Inc. featuring the virgin-like properties required for demanding customer applications such as food packaging, consumer, and hygiene products.
“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,” said Mark Nikolich, CEO of Braskem America.
The project is an example, he added, of how Braskem is attempting to addressing the limited availability of propylene feedstock derived from post-use plastic in the market today in a more holistic fashion.