Virgin hoping to work with Agilyx to try to make…

virgin-hoping-to-work-with-agilyx-to-try-to-make…

Virgin hoping to work with Agilyx to try to make…

Virgin hoping to work with Agilyx to try to make jet fuel from plastic waste, by pyrolysis
2022-02-16 10:11:00
Virgin Group has announced it is forming a strategic partnership with Agilyx (a chemical conversion technology company) “to research and develop lower carbon fuel facilities to help address plastic pollution and the global transition to net zero.”  They want to produce synthetic crude oil from plastic waste that will then be refined into a fuel, through pyrolysis. Waste plastic would be diverted from landfill or incineration.  There are few ways to produce jet fuels that are genuinely low carbon, feasible and do not create other environmental problems. Their production, for example trying to make liquid fuels from domestic refuse, is expensive and technically difficult. Most attempts have not been commercially viable. Virgin Group intends to work with Agilyx, one of its venture capital investments, and its first waste-to-fuel location is planned to be in the US, with an aspiration to roll-out similar plants in other countries, including the UK.  Agilyx said it sees plastic waste as a valuable above ground resource that is not widely tapped into. .Tweet     Virgin Atlantic to adopt lower carbon fuel converted from plastic in net zero push BY MILLIE TURNER (City AM) 15.2.2022 The conversion process itself can even be aligned with net zero, in using electricity as a source of heat which can be 100 per cent renewable, Stedman explained. Virgin Atlantic is set to adopt a new, lower carbon fuel that has been converted from waste plastics as part of a new partnership with chemical conversion technology firm Agilyx. The collaboration spans the Virgin Group, including Virgin Orbit, and aims to tackle both the plastic problem and carbon emissions. “We cannot keep wasting all of this plastic, throwing it away, littering our oceans… this is valuable material,” Agilyx CEO Tim Stedman told City A.M. yesterday. Virgin Group and Agilyx aim to reuse plastic waste, sourced from Cyclyx, to produce synthetic crude oil that will then

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