Bringing artificial intelligence, machine learning and
predictive modeling to chemical recycling
Aiming to improve recycling of post-use plastics to
>95%
PORTLAND, Oregon, Dec. 11, 2019 /PRNewswire/ -- Imagine a world
where plastic materials would never go to waste. Agilyx Corporation
("Agilyx"), the leader in chemical recycling of post-use plastics
back into plastics chemicals and low carbon fuels, today announced
a dynamic collaboration in artificial intelligence (AI) technology
with the General Electric Company through its Licensing business
unit that would bring the world closer than ever to making this
green dream possible. 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 over 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
last 15 years. Together, the companies can greatly improve
recycling rates by deploying an innovative set of artificial
intelligence ("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.
Additional information about these relationships will be shared
throughout the coming months.
"For over 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. 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," remarked
Joe Vaillancourt, Agilyx's Chief
Executive Officer. "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 like 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."
"Across GE's diverse set of industries in aviation, energy and
healthcare, we have successfully developed and applied Industrial
AI and machine learning solutions to create hundreds of millions of
dollars in new business value by improving the efficiency and
performance of our assets and manufacturing processes," said
Colin Parris, Vice President of
Software Research for GE Research. "Together with Agilyx, we can do
the same for the Plastics industry by integrating Agilyx's deep
industry domain knowledge with our AI, machine learning and
modeling techniques to bring recycling almost entirely full
circle."
About Agilyx Corporation
Agilyx, based in Portland, Oregon, is the leader and pioneer in
chemically recycling difficult-to-recycle post use plastic streams
into high value low carbon circular feedstocks and fuels. The
company has developed the first system capable of recycling
polystyrene waste into styrene monomer, which is then used to
remake new polystyrene ("PS") products. The company also has
commercialized a technology that converts mixed plastics to high
quality crude oil. From these first to market products, the company
has since expanded its product platform into a broad range of
customized low carbon chemicals, polymers and fuels. Agilyx is
working with waste service providers, municipalities, refiners, and
both private and public enterprises to develop closed-loop
industrial solutions for mixed waste plastics.
Contact us to have your plastic waste streams recycled at
info@agilyx.com. For more information, follow us on social media
and visit us at www.agilyx.com.
About GE
GE (NYSE:GE) drives the world forward by
tackling its biggest challenges: Energy, health, transportation—the
essentials of modern life. By combining world-class engineering
with software and analytics, GE helps the world work more
efficiently, reliably, and safely. For more than 125 years, GE has
invented the future of industry, and today it leads new paradigms
in additive manufacturing, materials science, and data analytics.
GE people are global, diverse and dedicated, operating with the
highest integrity and passion to fulfill GE's mission and deliver
for our customers. www.ge.com
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