AGILYX ASA
Sector unknown·AGLX · Oslo Børs·Fiscal year to 31/12/2024
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Plastics and polymers
Raw materials and inputs
DriverNegative impact: weakens
“Currently, there is a 60% supply-demand imbalance between plastic waste feedstock availability and the rapidly growing advanced recycling capacity.”
Annual report 2024A · The company itself
DriverPositive impact: strengthens
“Over the coming years, this imbalance will create a feedstock market equal to the volume produced by hundreds of Circularity Centers. Investments in advanced recycling are projected to reach an estimated $40 billion in 2030 1 , presenting significant opportunities for innovation, growth, and profit.”
Annual report 2024A · The company itself
DriverPositive impact: strengthens
“ExxonMobil and LyondellBasell investment and offtake for both Cyclyx Circularity Centers demonstrates confidence in execution capability, scalability of the technology, and availability of long-term offtake agreements.”
Annual report 2024A · The company itself
DriverPositive impact: strengthens
“Once operational, these Circularity Centers will generate $15.5 million annual flow directly to Agilyx.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“Finally, we are very pleased to have launched our latest initiative, Plastyx—a 60/40 joint venture between Agilyx ASA and Circular Resources SARL. Plastyx is establishing sourcing supply chains in Europe to supply advanced recycling feedstocks to a wide range of customers, including working in close partnership with Cyclyx to support its inbound plastic demand.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“LOOKING AHEAD Our goal is clear: bridge the gap between waste producers and advanced recyclers, ensuring a steady supply of high-quality, process-ready feedstock. By supplying feedstock derived from post-use plastic and developing and marketing innovative, advanced recycling technology, we are driving meaningful change in the industry.”
Annual report 2024A · The company itself
Market
“STYRENYX ADVANCED RECYCLING: RECOVERING THE VALUE OF PLASTIC Styrenyx, our proprietary depolymerization process enables polystyrene to be recycled repeatedly, reducing reliance on virgin resources and significantly lowering carbon footprints.”
Annual report 2024A · The company itself
Market
“THE YEAR IN BRIEF This year, Cyclyx continued to progress development of the Cyclyx Circularity Centers. The final investment decision for the second center, to be located in the Dallas-Fort Worth area, was taken in late 2024, marking a major milestone in the expansion of recycling infrastructure. Like the first center in Houston, this center is designed to process plastic waste into custom feedstock for recycling.”
Annual report 2024A · The company itself
Market
“Together, both Circularity Centers will have the capacity to produce an estimated 300,000 metric tons of feedstock annually, further strengthening our role in the circular plastics economy.”
Annual report 2024A · The company itself
Market
“Like the first Circularity Center, this facility is designed to process a wide array of plastic waste, including types #1-7 and non-numbered plastics, transforming them into custom feedstock suitable for both mechanical and advanced recycling processes.”
Annual report 2024A · The company itself
Market
“Once operational, the center is expected to produce approximately 150,000 metric tons of plastic waste feedstock annually for customers using mechanical and advanced recycling technologies. Strategically located in the Dallas-Fort Worth area of Texas, this center is anticipated to commence operations in 2026.”
Annual report 2024A · The company itself
Market
“CYCLYX CUSTOMIZED FEEDSTOCK: THE CORNERSTONE OF RECYCLING Recognizing feedstock availability's critical role in the recycling effort, our renewed focus centers on Cyclyx, our joint venture with ExxonMobil (25%) and LyondellBasell (25%) dedicated to increasing the recyclability of plastic waste by custom formulating it into valuable feedstock for new products.”
Annual report 2024A · The company itself
Chains in: Oil strengthens
Circular economy and recycling
Regulation
StrategyPositive impact: strengthens
“LOOKING AHEAD Our goal is clear: bridge the gap between waste producers and advanced recyclers, ensuring a steady supply of high-quality, process-ready feedstock. By supplying feedstock derived from post-use plastic and developing and marketing innovative, advanced recycling technology, we are driving meaningful change in the industry.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“By adhering to stringent ISCC PLUS certification standards, Cyclyx ensures that the feedstock produced meets the highest environmental and social standards, supporting the broader goal of increasing plastic recycling rates and fostering a circular economy.”
Annual report 2024A · The company itself
Market
“CYCLYX CUSTOMIZED FEEDSTOCK: THE CORNERSTONE OF RECYCLING Recognizing feedstock availability's critical role in the recycling effort, our renewed focus centers on Cyclyx, our joint venture with ExxonMobil (25%) and LyondellBasell (25%) dedicated to increasing the recyclability of plastic waste by custom formulating it into valuable feedstock for new products.”
Annual report 2024A · The company itself
Chains in: EU climate and energy policy strengthens
Construction
End markets
Market
“THE YEAR IN BRIEF This year, Cyclyx continued to progress development of the Cyclyx Circularity Centers. The final investment decision for the second center, to be located in the Dallas-Fort Worth area, was taken in late 2024, marking a major milestone in the expansion of recycling infrastructure. Like the first center in Houston, this center is designed to process plastic waste into custom feedstock for recycling.”
Annual report 2024A · The company itself
Chains in: Interest rates weakens, Housing market strengthens, Public investment and infrastructure strengthens, Business cycle and GDP growth strengthens, Reconstruction of Ukraine strengthens
ESG and sustainability reporting
Regulation
StrategyPositive impact: strengthens
“By adhering to stringent ISCC PLUS certification standards, Cyclyx ensures that the feedstock produced meets the highest environmental and social standards, supporting the broader goal of increasing plastic recycling rates and fostering a circular economy.”
Annual report 2024A · The company itself
Europe
Geography
StrategyPositive impact: strengthens
“Finally, we are very pleased to have launched our latest initiative, Plastyx—a 60/40 joint venture between Agilyx ASA and Circular Resources SARL. Plastyx is establishing sourcing supply chains in Europe to supply advanced recycling feedstocks to a wide range of customers, including working in close partnership with Cyclyx to support its inbound plastic demand.”
Annual report 2024A · The company itself
United States
Geography
Market
“Once operational, the center is expected to produce approximately 150,000 metric tons of plastic waste feedstock annually for customers using mechanical and advanced recycling technologies. Strategically located in the Dallas-Fort Worth area of Texas, this center is anticipated to commence operations in 2026.”
Annual report 2024A · The company itself
Chains in: USD vs DKK/EUR mixed effect
Asia and emerging markets
Geography
Geography
“We are also excited to have achieved the start of operations at Toyo Styrene's (a member of the Denka group) facility in Japan. This facility showcases the latest generation of Styrenyx technology, highlighting our progress in scaling solutions for the circular economy.”
Annual report 2024A · The company itself
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 0 bn USD |
| Revenue growth vs. the year before, same method | -82.9 % |
| EBITDA reported by the company | N/A |
| Net debt debt incl. leasing minus cash | N/A |
| Diluted EPS per share | N/A |
Source: annual report (ESEF) A. See the report
Criteria
| Profit | N/A |
| Growing | ✗ |
| Healthy balance sheet | N/A |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (USD), not converted to DKK. Quotes are shown as the company's own words in the report's original language.