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Learn more about advanced recycling technology and how it is transforming plastics into valuable products to support recycling & a circular economy. Put simply, advanced recycling helps keep plastics out of landfills and incinerators, while. At exxonmobil, we believe advanced recycling is a necessary complement to mechanical recycling to help address plastic waste that would have gone to landfill or incineration
Top 10 Oil & Gas Companies: ExxonMobil
By supporting advanced recycling technology, we can help recycle more plastic, especially those that are not easily recycled today. Using our existing facilities that help process crude oil, we can convert nearly 90% of used plastic into useful raw materials To protect the company from facing “a multiplicity of suits in various forums throughout the country,” exxon is asking the texas court to issue a declaratory judgement making clear that the company has a legal right to “engage in and promote advanced recycling.” that may be an unusual request.
$200 million investment to add advanced recycling units at baytown and beaumont sites in texas
New facilities will boost exxonmobil’s annual capacity to 500 million pounds, aiming for 1 billion pounds globally by 2027 At the same time, it ramped up production of plastics, the lawsuit states Lately exxonmobil has been promoting “advanced recycling” or “chemical recycling,” saying the process will better turn old plastics into new products, the lawsuit states, when only 8% of materials do so The exxonmobil spokesperson said advanced recycling works.
How does advanced recycling work
