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# Agilyx launches Plastyx Ltd. to supply feedstock for European plastic recycling industry
- URL: https://packaging-europe.ghost.io/agilyx-launches-plastyx-ltd-to-supply-feedstock-for-european-plastic-recycling-industry/
- Published: 2025-03-25T14:53:00.000Z
- Updated: 2025-03-26T08:52:00.000Z
- Author: Packaging Europe staff writers
- Tags: Flexibles, Business, Rigid Packaging, Featured Stories, #layout-s, #type-article, #packaging-europe, #Import 2026-09-08 15:50

[**Agilyx**](https://www.agilyx.com/?ref=packaging-europe.ghost.io) **has announced the launch of Plastyx Ltd. in collaboration with** [**Plastic Energy**](https://plasticenergy.com/?ref=packaging-europe.ghost.io) **founder Carlos Monreal, designed to source and supply feedstock for Europe’s advanced plastic recycling market.**

Agilyx says that while advanced plastic recycling technologies are scaling industrially and complementing mechanical recycling, the industry’s growth is constrained by the availability of consistent, high-quality feedstock. Plastyx seeks to bridge this gap by developing partnerships and material processing capabilities to ensure a reliable supply of high-quality polymers for food-grade and other high-performance packaging applications.

The company states its near-term objective is to source and execute memorandum of understandings (MOUs) for 200,000 metric tons of waste plastic by the end of 2025\. Plastyx Ltd. is a 60:40 joint venture between Agilyx and [Circular Resources](https://circularresources.sg/?ref=packaging-europe.ghost.io), with Monreal set to serve as Chairman.

“Agilyx is committed to building an international sourcing platform to support our interests in Cyclyx,” added Ranjeet Bhatia, CEO of Agilyx. “Carlos is a leader in our field and has unparalleled understanding of the advanced recycling industry. By linking Cyclyx’s industry-leading feedstock management capabilities with Plastyx, through Agilyx’s shared ownership interest, we are launching an exciting first mover in this critical market segment.”

In similar news, [Dow](https://www.dow.com/en-us?ref=packaging-europe.ghost.io) recently [purchased](https://packagingeurope.com/news/dow-makes-investment-in-rotterdam-based-chemical-recycling-company/12574.article?ref=packaging-europe.ghost.io) a stake in Rotterdam-based chemical and advanced recycling company [Xycle](https://xyclegroup.com/?ref=packaging-europe.ghost.io) in partnership with [ING](https://www.ing.com/Home.htm?ref=packaging-europe.ghost.io), [Invest-NL](https://www.invest-nl.nl/?ref=packaging-europe.ghost.io), [Polestar Capital](https://www.polestarcapital.nl/?ref=packaging-europe.ghost.io) and [Vopak](https://www.vopak.com/?ref=packaging-europe.ghost.io). The funds raised will support the construction of Xycle’s first commercial-scale advanced recycling plant, expected to be fully operational by Q4 2026 with a projected plastic waste processing capacity of 21 kilotons annually.

[OMV](https://www.omv.com/en?ref=packaging-europe.ghost.io) announced the [expansion](https://packagingeurope.com/news/completed-omv-plant-converts-mixed-hard-to-recycle-plastics-into-feedstocks/12630.article?ref=packaging-europe.ghost.io) of its proprietary ReOil technologylast month at its Schwechat refinery, where it plans to convert up to 16,000 metric tons of hard-to-recycled mixed plastic waste into chemical feedstocks annually. ReOil converts post-consumer mixed plastic waste into pyrolysis oil, which can then be used as a raw material to produce base chemicals.

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