Brief: Agilyx' Cyclyx Secures About $15 Million In Outside Financing For Circularity Center
22/08/2022 06:06
Aug 22 (Reuters) - Agilyx ASA AGLX.OL :
* AGILYX ANNOUNCES THAT CYCLYX HAS SECURED CLOSE TO $15
MILLION IN
OUTSIDE FINANCING FOR ITS FIRST CIRCULARITY CENTER
* PROPOSED CCC HAS INCREASED IN SIZE FROM ORIGINALLY
ANTICIPATED
SCALE OF 60,000 TO 150,000 TONS PER ANNUM WITH CAPABILITY TO
SUPPLY FEEDSTOCK FOR BOTH CHEMICAL AND MECHANICAL RECYCLING
OPERATIONS
* COMPLETION OF CONSTRUCTION EXPECTED BE IN H2 2023,
COMMISSIONING
IS EXPECTED IN Q1 OF 2024
Source text for Eikon: ID:nObiJYgcta
Further company coverage: AGLX.OL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))