Tigard, Oregon-based Agilyx Corp., which chemically recycles plastics into chemical intermediates, fuels and virgin-like plastics, has announced that it is leveraging its existing plastic feedstock management system to create a new subsidiary company Cyclyx International Inc. The new company will help to develop new supply chains that will aggregate and preprocess larger volumes of postuse plastics than current systems can support, Agilyx says.
Over the last 16 years, through research and commercial operations, Agilyx says it has developed the industry´s largest database and predictive analytics around the chemical complexity embedded in scrap plastics. In 2019, the company partnered with Boston-based General Electric through its licensing and research divisions to develop artificial intelligence (AI), machine learning (ML), predictive modeling (PM) and optimization tools that use Agilyx's data and domain knowledge to increase plastic recycling rates for all postuse plastics and create new recycling pathways.
The Cyclyx platform has been developed to be an industry consortium comprised of partners across the value chain, which will enable Agilyx and GE to have much broader impact across many other industry sectors with plastic recycling solutions. Cyclyx is establishing partnerships with many companies in diverse sectors, including petrochemical, waste and recycling, retail, brand owners and municipalities, that will be announced in the future.
"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 postuse plastics," says 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 postuse plastics across multiple industries," says 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 modeling and analytics tools that not only expand in industry applications but also lead to further improvements in recycling solutions."
GE has developed and applied digital solutions across its major industry sectors in aviation, energy, health care and transportation that have delivered more efficient products and services and created hundreds of millions of dollars in new business value for GE and its customers, Agilyx says. GE is now applying that model with Agilyx to deliver transformational improvements in plastics recycling.