Agilyx and GE enter agreement to advance the circular economy for plastics

Agilyx and GE enter agreement to advance the circular economy for plastics

December 16, 2019
Press Release: Agilyx

Bringing artificial intelligence, machine learning and predictive modeling to chemical recycling – aiming to improve recycling of post-use plastics to >95% – Agilyx and General Electric Company share green dreams in new partnership

Agilyx Corporation, a specialist in the chemical recycling of post-use plastics back into plastics chemicals and low carbon fuels, has announced a dynamic collaboration in artificial intelligence (AI) technology with the General Electric Company through its licensing business unit that would bring us closer to a world where plastic materials would never go to waste.

Combining Agilyx’s deep domain experience in chemical recycling with GE’s vast experience in the application of industrial AI, the two companies are aiming to increase the chemical recyclability of all post-use plastics from the current 10% to more than 95%.

This announcement is the result of a year-long, successful effort to assess GE’s advanced modeling technology developed by GE Research, and its applicability to the database of chemical conversions of post-use plastics that Agilyx has amassed over the past 15 years. Together, the companies can greatly improve recycling rates by deploying an innovative set of AI technologies, including machine learning (ML), predictive modeling (PM) and optimization tools, in combination with other supply chain innovations in partnership with a growing number of diverse leaders in the waste and recycling, petrochemical, consumer goods products and retail industries.

“For more than 20 years, I’ve had the opportunity to work at the nexus of innovation in waste management, finding ways to mine valuable resources while developing environmental stewardship,” remarked Joe Vaillancourt, Agilyx’s CEO. “The main challenge to scaling solutions is effectively managing the variability and complexity of the materials and contaminants within diverse waste streams. This is certainly true for plastic feedstocks for chemical recycling technologies. The Agilyx team has developed deep domain expertise and built the industry’s largest database of chemical recycling characterizations analyzing the relationship between thousands of plastic waste sources, processing parameters and end products. By leveraging GE’s expertise in AI, ML and PM, we are deploying a toolset for global use,” Vaillancourt continued. “Consumers can utilize plastic as a valuable renewable resource creating a true circular economy for plastics – a material that we all have come to depend on in our daily lives.”

“This collaboration is a wonderful example of how we’re connecting GE’s vast technology portfolio with world-class industry partners such as Agilyx to improve the environment,” said Pat Patnode, president of GE Licensing. “Armed with GE’s digital technologies, Agilyx will add the critical pieces they need to turn plastics into a sustainable, dependable carbon source.”

Plastic Free World Conference & Expo 2020 will take place at Cologne Messe, Germany, on Tuesday 16 June and Wednesday 17 June. To register for this highly focused, solutions-driven event, please click here. For sponsorship and exhibition opportunities, please email peter@trans-globalevents.com

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