Nutter Represents Agilyx in Joint Venture with AmStyPrint PDF
Boston – Nutter advised Agilyx, a leader and pioneer in chemically recycling difficult-to-recycle mixed waste plastic streams into high value low carbon circular feedstocks and fuels, on the formation of a joint venture with AmSty, a leading integrated producer of polystyrene and styrene monomer. The joint venture, Regenyx LLC, will be dedicated to fully recycling post-consumer polystyrene materials back to new polystyrene products. The legal team was led by Michael Kushnir in the Corporate and Transactions Department, and included Portia Keady and Meghan Kelly on corporate matters.
Based in Tigard, OR, Agilyx has developed the first system capable of recycling polystyrene waste into styrene monomer, which is then used to remake new polystyrene products. Regenyx will utilize Agilyx’s chemical recycling process to convert used polystyrene products back to their original liquid form, styrene monomer. AmSty can then take that styrene monomer and work with its supply chain partners to make new polystyrene products with a favorable environmental profile without any degradation of quality or value. This form of circular recycling is known as the PolyUsable™ process. Please click for more information on the transaction.
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