Agilyx completes GreenDot investment, strengthens plastic waste recycling position
Agilyx ASA announced the completion of its strategic investment in GreenDot Global S.à.r.l. This transaction solidifies Agilyx's role as a leading global investment platform in plastic waste feedstock supply for the recycling industry.
Through this 44% stake in GreenDot Global, Europe's largest waste plastic recycling platform, Agilyx gains access to substantial volumes of post-use plastic and advanced sorting and recycling infrastructure across Germany, Austria, and Italy. GreenDot Global generates over €400 million in annual revenues, positioning Agilyx to supply critical European-sourced feedstock to advanced recycling markets within Europe.
Additionally, Agilyx's portfolio includes a 50% joint venture, Cyclyx, with ExxonMobil (25%) and LyondellBasell (25%), which processes post-use plastic waste into high-quality feedstock. The company also markets Styrenyx, its proprietary technology for recycling polystyrene waste into recycled styrene monomers.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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