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Nutter Represents Agilyx in Joint Venture with AmSty

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05.02.2019 | Press Release

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.

Members of Nutter’s Corporate and Transactions Department represent domestic and international corporations, publicly traded and privately-held companies, private equity firms, nonprofit institutions, and family-owned businesses in a wide variety of domestic and cross-border transactions. The firm’s attorneys advise on significant transactions in every major industry sector, including manufacturing, high technology, life sciences, banking, insurance, professional services, real estate, energy, chemicals, medical devices, and health care. Nutter’s corporate law practice handles the full range of M&A and private equity transactions, including representing buyers and sellers in auctions and bid processes, mergers, asset sales, stock purchases, leveraged buyouts, roll-ups, joint ventures, PIPEs, going private transactions, exchanges of securities, friendly and hostile tender offers, proxy contests, and acquisitions. 

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About Nutter
Nutter is a Boston-based law firm that provides legal counsel to industry-leading companies, early stage entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s lawyers are known for their client-centric approach and extensive experience in business and finance, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates. Co-founded in 1879 by Louis D. Brandeis, who later became a renowned justice of the U.S. Supreme Court, Nutter is dedicated to helping companies prosper in today’s competitive business environment. For more information, please visit www.nutter.com and follow us on LinkedIn. 

Press Contacts: 
Stephanie Goldstein 
617.439.2131

Heather Merton 
617.439.2166

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