What Agilyx does

Agilyx ASA is a publicly listed (OSE: AGLX) holding company headquartered in Norway with operational roots in the United States (Tigard, OR). Founded in 2004 and pivoting in June 2024 to an investment holding company structure, the company operates two integrated business pillars. The first pillar is feedstock management: Agilyx supplies processed post-use plastic feedstock to mechanical and advanced recyclers via its 50.1%-owned subsidiary GreenDot Global (Europe's largest waste plastic recycling platform, processing 1+ million tons of packaging waste annually across 29 countries), the Plastyx JV for European feedstock supply, and 100%-owned Cyclyx International following a 2026 restructuring.

The second pillar is advanced recycling technology: Agilyx licenses its proprietary Styrenyx catalyst-free depolymerization technology - protected by 22+ patents and developed over 8 generations over 20+ years - which converts polystyrene waste into virgin-equivalent styrene monomer. Toyo Styrene operates the largest commercial depolymerization facility in Japan using the technology. TruStyrenyx, launched in February 2026 with Technip Energies, extends Styrenyx with purification to yield high-purity recycled styrene monomer. Customer relationships span chemical majors (INEOS Styrolution, AmSty, LyondellBasell, ExxonMobil, Mitsubishi Chemical/Lucite), recycling operators, and consumer goods brands (Nestlé, PepsiCo, Mondelez).

The revenue model combines technology licensing (Styrenyx, TruStyrenyx), feedstock supply transaction fees (GreenDot processes over 400,000 tons of plastic annually), subscription-based EPR compliance services to roughly 100,000 customers, and revenue-shared AI-EPR software via the osapiens partnership. The go-to-market is a hybrid of enterprise licensing sales, joint ventures with petrochemical majors (Cyclyx with ExxonMobil and LyondellBasell), and direct enterprise EPR sales across Germany, Austria, France, and Italy.

Name

Agilyx

Legal name

Agilyx ASA

Website

https://agilyx.com

Company type

Public

Founded year

2004

Headcount range

11–50 employees

Short description

Agilyx ASA is a publicly listed holding company that licenses proprietary polystyrene depolymerization technology (Styrenyx, TruStyrenyx) and supplies processed post-use plastic feedstock through its majority-owned GreenDot platform serving European recyclers, petrochemical partners, and consumer goods brands.

Ownership category

akta.pro rank

Product category

Plastic Recycling Technology

NAICS

Petrochemical Manufacturing (32511), Chemical Manufacturing (325), Other Basic Organic Chemical Manufacturing (32519)

SIC

Industrial Organic Chemicals (2860), Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Refuse Systems (4953)

akta.pro primary industry

Chemical/Advanced Recycling (Pyrolysis, Depolymerization, Solvolysis, Gasification) (EUAIAKAC)

akta.pro secondary industries

Chemical/Advanced Plastics Recycling (Depolymerization, Pyrolysis, Solvolysis) (IMANAMAD), Styrenics (Styrene Monomer, PS, EPS, ABS) (IMAEADAE)

Keywords

• Plastic recycling technology
• Chemical depolymerization
• Polystyrene recycling
• Plastic feedstock supply
• EPR compliance services

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Technology Licensing (Styrenyx/TruStyrenyx): Licensing of proprietary depolymerization technology for polystyrene recycling. Licensees include Toyo Styrene in Japan operating the first commercial-scale facility.
2. Feedstock Supply (GreenDot): Supply of plastic waste feedstock to mechanical and advanced recycling facilities. GreenDot processes over 1 million tons of packaging waste annually including over 400,000 tons of plastic.
3. EPR Compliance Services: Extended Producer Responsibility licensing services and consulting. GreenDot operates across Germany, Austria, France, and Italy with nearly 100,000 customers.
4. AI-Powered EPR Software (GreenDot-osapiens): Revenue-sharing partnership for AI-powered EPR packaging compliance software solution across EU markets, enabling reporting under PPWR regulations.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Agilyx develops and licenses proprietary catalyst-free depolymerization technology (Styrenyx and TruStyrenyx) that chemically recycles polystyrene waste into virgin-equivalent styrene monomers. Through its majority-owned GreenDot Global platform, the company sources, sorts, and supplies plastic waste feedstock to mechanical and advanced recycling operators across Europe, while arcLABS provides R&D and characterization services. The company also offers AI-powered Extended Producer Responsibility (EPR) compliance software in partnership with osapiens for EU regulatory reporting.

Product overview

Agilyx operates as a technology-agnostic investment platform focused on plastic waste recycling, combining feedstock supply operations with proprietary advanced recycling technology. The product portfolio centers on two core pillars: (1) Feedstock Management — conducted primarily through majority-owned GreenDot Global (European platform for sourcing, sorting, and supplying plastic waste with operations across Germany, Austria, France, and Italy), the Plastyx JV for European feedstock sourcing, and arcLABS for plastic stream characterization and R&D services; and (2) Advanced Recycling Technology — led by Styrenyx, Agilyx's proprietary catalyst-free depolymerization technology for polystyrene waste, which outputs virgin-equivalent styrene monomers. TruStyrenyx extends Styrenyx by adding purification capabilities for higher-purity output. The company also provides licensing, equipment supply, commissioning, and operator training services for facilities deploying its technology. Through Cyclyx International (now 100% owned by Agilyx following 2026 reorganization), the company develops data-driven feedstock solutions for global plastic producers.

Differentiator

Problem solved

Functional benefit

Products and services

• Styrenyx Agilyx's proprietary catalyst-free depolymerization technology that chemically recycles polystyrene waste into virgin-equivalent styrene monomers. Licensed to recycling operators globally with full equipment supply, commissioning, and operator training included. Supports broad range of polystyrene feedstocks including waste PS, GPPS, EPS, XPS, HIPS, ABS, AS & SAN.
• TruStyrenyx Integrated polystyrene recycling platform combining Styrenyx depolymerization with purification technologies to yield recycled styrene monomer of exceptionally high purity, including removal of flame retardants. Co-developed with Technip Energies.
• arcLABS Agilyx's R&D laboratory providing characterization and identification of plastic streams, bench-scale depolymerization testing, pre- and post-process treatment, material/feedstock/product characterization, feasibility studies, and operator training for customers using Agilyx recycling technology.
• Feedstock Processing Service that transforms plastic waste into premium feedstock for mechanical and advanced recycling facilities. Uses proprietary technology to analyze, blend, and custom-formulate recycled feedstock to meet specific customer specifications, with rapid turnaround of suggested recycling pathways.
• GreenDot Global Agilyx's majority-held European platform (50.1% ownership) for sourcing, sorting, and supplying plastic waste for recycling. Europe's largest integrated waste plastic recycling platform, processing over 1 million tons of packaging waste annually including over 400,000 tons of plastic. Operates mechanical and chemical recycling facilities plus EPR licensing services across Germany, Austria, France, and Italy.
• AI-Powered EPR Compliance Software (GreenDot + osapiens) AI-powered Extended Producer Responsibility (EPR) packaging compliance software that enables EPR and PPWR reporting across EU markets, automatically gathering and verifying packaging data, connecting to national registration systems, and calculating obligations across multiple European countries.

Quantifiable outcome

• Up to 86% CO2 emission reduction compared to fossil-based styrene production when using renewable energy
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• osapienscoreStrategic or Co-development Partner · 9 June 2026GreenDot (majority-held subsidiary of Agilyx) partnered with osapiens to develop AI-powered Extended Producer Responsibility packaging compliance software for the EU market. The platform addresses requirements under EU Packaging and Packaging Waste Regulation (PPWR), using AI-assisted workflows to collect packaging data, connect to national registration systems, and calculate obligations. Revenue-sharing agreement with joint marketing.
• LaforcoreStrategic or Co-development PartnerJointly acquiring shares in GreenDot with Agilyx from Circular Resources. Following April 2026 transaction, Lafor's shareholding increased from 34.9% to 49.9% while Agilyx holds 50.1%. Partnership strengthened for building EU's leading waste plastic recycling platform.
• Circular ResourcesminorStrategic or Co-development PartnerCircular Resources was a previous shareholder in GreenDot (19.1% stake). Agilyx and Lafor jointly acquired Circular Resources' stake in April 2026. Circular Resources also partnered with Agilyx on Plastyx JV (40% Agilyx, 60% Circular Resources) for European feedstock supply.
• ExxonMobilcoreStrategic or Co-development PartnerCyclyx joint venture partner (25% each with Agilyx 50% and LyondellBasell 25%). In 2026, strategic reorganization transferred Houston Circularity Center to ExxonMobil and LyondellBasell. Agilyx retains 50,000 tpa offtake agreement with ExxonMobil.
• LyondellBasellcoreStrategic or Co-development PartnerCyclyx joint venture partner (25% each with Agilyx 50% and ExxonMobil 25%). In 2026, strategic reorganization transferred Houston Circularity Center to joint ownership with ExxonMobil.
• Toyo StyrenecoreOEM/ Whitelabel/ Licensing PartnerLicensed Agilyx depolymerization technology for 10 ton-per-day polystyrene recycling facility in Chiba, Japan - the largest facility dedicated to depolymerization of polystyrene waste in Japan. Facility successfully producing on-spec product.
• Technip EnergiescoreStrategic or Co-development PartnerLaunched TruStyrenyx platform combining Agilyx Styrenyx depolymerization with Technip Energies purification process for exceptionally high purity recycled styrene monomer. Partnership for development of large-scale TruStyrenyx plant.

Scale indicators14 records

Recent moves13 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• Xx.com/agilyx
• Facebookfacebook.com/Agilyx
• LinkedInlinkedin.com/company/agilyx

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries5 records

Funding overview

Funding rounds10 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agilyx