One of the world’s largest packaging producers, Amcor, has signed a deal to buy huge amounts of chemically recycled resin from one of the world’s largest plastics producers, ExxonMobil.
Mechanical recycling should take priority over chemical recycling, but there will need to be several technical solutions to the world’s plastic problem, argued panelists on a recent Product Stewardship Institute webinar.
Global plastics producers will invest about $100 million in a plastic scrap sorting facility to generate feedstock for both mechanical and chemical recycling processes.
Chemical giant Dow has updated its “Stop the Waste” goal to “Transform the Waste” and now plans to produce 3 million metric tons of circular and renewable plastic annually by 2030, tripling its previous target.
Researchers have developed a way to turn mixed polymer plastics into a single chemical product, which could potentially eliminate the need to sort plastic by type prior to recycling.
Americans are united in their desire for better plastic recycling, but the question of where to locate facilities is running into familiar not-in-my-backyard resistance, complicated further by concerns about racial and social justice.
From France to Kenya to Thailand, a number of companies are building new facilities, cleaning up waterways and keeping an eye on working conditions. Here’s a roundup of some recent global plastic news.