Agilyx Corporation, a pioneer in the chemical recycling field, has created Cyclyx International, a new subsidiary that will leverage the expertise and data accumulated by Agilyx to increase the recyclability of post-use plastics with a priority for fully circular pathways.
The new feedstock management company will also promote the development of new supply chains that will aggregate and preprocess larger volumes of post-use plastics than current systems can support.
Since its founding in 2004, Agilyx has developed the industry´s largest database and predictive analytics around the chemical complexity embedded in waste plastics, and in 2019, started to collaborate with General Electric’s Licensing and Research divisions to further exploit these resources.
GE has successfully developed and applied digital solutions across its major industry sectors. The company has deployed its deep industry domain knowledge and expertise in the physical sciences to create new digital capabilities with artificial intelligence ("AI"), machine learning ("ML") and predictive modelling and analystics ("PM").
Together with Agilyx, GE will now apply that model to create digital tools that utilise Agilyx's extensive data and domain knowledge to significantly increase plastic recycling rates for all post-use plastics and create new recycling pathways.
The Cyclyx platform aims to operate as an industry consortium, with partners across the value chain. Cyclyx is currently establishing partnerships with many companies in diverse sectors, including petrochemical, waste and recycling, retail, brand owners as well as municipalities.
"As a company striving to increase global plastic recovery, we have found that the data generated over our history can be used as a key tool to greatly expand and accelerate the recycling of post-use plastics," said Joe Vaillancourt, CEO of Agilyx. "We initially developed Cyclyx to help source plastic feedstocks appropriate for facilities we are currently developing on three different continents. We quickly discovered that our process was greatly needed by others in the advanced recycling as well as mechanical recycling industries. As a result, we have created Cyclyx so that Agilyx and many other companies can work together to help bridge that gap."
"The launch of Cyclyx and efforts to establish new partnerships will expand the impact GE's digital solutions have in the recycling of post-use plastics across multiple industries," said Pat Patnode, President and CEO, GE Licensing.
"As we take on new datasets and challenges with new consortium partners, the AI team at GE Research will be able to build more robust AI, ML and predictive modelling and analytics tools that not only expand in industry applications but also lead to further improvements in recycling solutions."