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Environment & Energy

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hatrack

(63,007 posts)
Mon Nov 25, 2024, 10:42 PM Nov 2024

Planned Expanded Exxon Recycling Site Will Have "Capacity" For .0625% Of Annual Global Plastics Output [View all]

Hurray. We're saved.

HOUSTON, Nov 21 (Reuters) - Exxon Mobil Corp (XOM.N)
, opens new tab, which is facing a California lawsuit over its alleged role in global plastic waste pollution, is going forward with plans to expand plastics recycling to replace fossil fuels with discarded plastic waste, the company said on Thursday.

The move by one of the world's largest polymer producers comes amid growing concerns about slow-to-disintegrate plastics filling landfills, leaching into ground water and creating potential health hazards. Exxon, which is championing pyrolysis techniques that convert waste into new plastic, will spend $200 million in Texas to expand so-called circularity operations in a global effort to build the capacity to process 1 billion pounds (454 million kg)of waste annually by 2027. The company calls its recycling technology Exxtend.

California filed a lawsuit against Exxon in September, alleging the company was deliberately misleading the public about the limitations of recycling. Exxon rejects allegations that it misleads the public about the limitations of plastics recycling, or about climate change.

The company's Baytown, Texas, complex this year will process 80 million pounds of plastic waste. The expansion will allow it and a nearby Beaumont, Texas, plant the capacity to process up to 500 million pounds in 2026. The products will be sold with a certificate describing their origin, explained Karen McKee, president of ExxonMobil Product Solutions. “We sell virgin-quality product and a subset of our customers are buying a ‘certified circular certificate’ to demonstrate that for every ton that they buy with this certificate, a ton of post-use plastic was fed into our facility," McKee said.

EDIT

https://www.reuters.com/sustainability/exxon-under-fire-over-plastic-recycling-spending-200-mln-expand-texas-plants-2024-11-21/

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