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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

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To: scion who wrote (15641)	12/20/2011 1:32:08 PM
From: scion	Read Replies (1) of 53574

The Beaverton, Ore., company yesterday raised $25 million in a series C round of funding, which was led by Keating Capital and joined by existing investors Kleiner Perkins Caufield & Byers, Waste Management, an affiliate of oil company Total, and Chrysalix Energy Venture Capital. The company, which raised $22 million in March this year, will use the money to develop four plastic-to-oil plants expected to go online in the first half of next year, according to CEO Chris Ulum. Agilyx is now operating its first pilot plant outside Portland, Ore. news.cnet.com

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