Gulf Oil and Gas accountACCOUNT

Agilyx Agrees to Collaborate with TechnipFMC

Source: www.gulfoilandgas.com 6/23/2020, Location: Europe

Agilyx Corporation ("Agilyx"), the leader in chemical recycling of post-use plastics back into polymers, chemicals and low carbon fuels, 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 depolymerization 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."

Petrochemicals News in United Kingdom >>

Norway >>  10/19/2020 - TechnipFMC has been awarded a significant(1) Engineering, Procurement, Construction and Installation contract by Equinor for the Breidablikk Pipelay, ...
Austria >>  10/8/2020 - The 2020 OPEC World Oil Outlook (WOO) was launched in Vienna, Austria, providing the OPEC Secretariat’s in-depth look at the unprecedented scale and i...

Norway >>  10/1/2020 - Aker Solutions won an order from ConocoPhillips to deliver the subsea production system for the Tommeliten Alpha development offshore Norway. The esti...
Netherlands/Holland >>  9/30/2020 - TechnipFMC has been awarded a significant(1) contract by Shell Moerdijk for the Engineering, Procurement and module Fabrication (EPF) for proprietary ...

Norway >>  9/28/2020 - Aker Solutions has been awarded a contract from Equinor for the delivery of a subsea production system for the Breidablikk development in the North Se...
Norway >>  9/28/2020 - Continuing its track record of more than two decades of successful delivery for Equinor, Wood has been awarded a contract to provide EPCI (engineering...




United Kingdom Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.