Agilyx Announces Appointment of Chief Commercial Officer

TIGARD, Oregon, USA – August 26, 2021Agilyx Corporation (Agilyx), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): “AGLX”) and a pioneer in the advanced recycling of post-use plastics, announced today that Carsten Larsen has been appointed chief commercial officer and senior vice president of Business Development for Agilyx, effective September 1, 2021, replacing Bill Cooper who has joined Cyclyx LLC as senior vice president of Strategic Relationships.

Mr. Larsen will be responsible for driving global growth through the acquisition of customers, initiation, and development of projects. He will work with business partners to expand and accelerate the roll out of Agilyx chemical recycling solutions to address the challenge of post-use plastic globally.  

Mr. Larsen is an experienced commercial leader with more than 25 years of industrial expertise, most recently having served as commercial director, Plastics Circularity, Europe, Middle East, Africa and Asia Pacific for Dow Inc. where he was responsible for plastic sustainability strategy development and implementation. Mr. Larsen also served as managing director for Dow Nordics, leading cross-functional international teams and managed key external partnerships.  

Tim Stedman commented: “I would like to welcome Carsten to Agilyx at this exciting time in our development.  His breadth of knowledge, experience and relationships will be enormously beneficial to the company as we further strengthen our global reach. I would also like to thank Bill as he transitions to Cyclyx. His contributions over the last years have been integral to building Agilyx.”

At Agilyx, Mr. Larsen will join the executive management team, reporting to Tim Stedman, chief executive officer. In this role, he will oversee business development activities for the company as it continues to expand its footprint around the globe. Mr. Larsen will also provide oversight for Agilyx’s sustainability program, working to ensure the company reaches its ambitious sustainability goals in the areas of circular/environment, climate, and society. He will be based in Copenhagen.

Mr. Larsen holds a bachelor’s degree in international business administration from Copenhagen Business School. He has served on the boards of the American Chamber of Commerce in South Africa and the Chemical & Allied Industries’ Association. He has also served as chairman for the Epoxy Industry Association.

About Agilyx

Agilyx (AGLX) is an early leader in the advanced recycling of difficult-to-recycle post-use plastics. With Agilyx's chemical recycling technology, mixed plastic waste or streams of discrete post-use plastics, such as polystyrene, can be converted to new virgin-equivalent plastics, as well as chemical products and fuels – creating the opportunity for true circularity. The company has not only developed these first-to-market products but has also developed a feedstock management company, Cyclyx International, LLC, and is partnering with a range of waste service providers, municipalities, petrochemical, and brand and retail companies to develop closed-loop recycling solutions for mixed waste plastics. www.agilyx.com.

Contacts

Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com

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