EnviroTech and Agilyx sign deal
Waste and scrap plastic will be converted to energy
Green EnviroTech Corp., a plastics recovery,
separation, cleaning and recycling company, and a wholly-owned
subsidiary of Green EnviroTech Holdings Corp. announced that
it has contracted with Agilyx, an alternative energy company
that uses patented technology to convert difficult-to-recycle
waste plastics into synthetic crude oil, to resell all oil produced
from its recycling process.
Green EnviroTech plans to convert waste and
scrap plastic into high-value energy products, including sweet
crude oil. Formerly known as Plas2Fuel, Agilyx uses a continuous
batch process to convert waste plastics into barrels of synthetic
sweet crude oil. The process is scalable, versatile and environmentally
positive, and Agilyx has been producing and selling crude oil
on the open market for approximately two years.
The agreement allows any and all types of
plastic, co-mingled, dirty and/or contaminated materials to be
processed in the Agilyx recycling system. Agilyx uses its patent
pending process to “decompose” plastics back into hydrocarbons
while separating undesirable organics (chlorine, bromine, etc.)
entrained in the plastic. This allows for no combustion of waste
plastic. Ultimately, ultra clean, “sweet” crude oil is produced,
which in turn will be sold to oil refineries.