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AGILYX AND GE ENTER AGREEMENT TO ADVANCE THE CIRCULAR ECONOMY FOR PLASTICS

Bringing artificial intelligence, machine learning and predictive modeling to chemical recycling

 

Agilyx Corporation (Agilyx) 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 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 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.

 

 

ABOUT AGILYX: 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.

 

 

ABOUT GE: GE drives the world forward by tackling its biggest challenges: Energy, health, transportation—the essentials of modern life.

 

Source: Agilyx