Published by Todd Bush on December 20, 2022
December 14, 2022 04:00 PM Eastern Standard Time IRVING, Texas--(BUSINESS WIRE)--ExxonMobil today announced successful startup of one of the largest advanced recycling facilities in North America. The facility at the company's integrated manufacturing complex in Baytown, Texas, uses proprietary technology to break down hard-to-recycle plastics and transform them into raw materials for new products. It is capable of processing more than 80 million pounds of plastic waste per year, supporting a circular economy for post-use plastics and helping divert plastic waste currently sent to landfills.
ExxonMobil successfully started operations at its large-scale advanced recycling facility in Baytown, Texas. The facility uses proprietary technology to break down hard-to-recycle plastics and transform them into raw materials for new products.
'We've proven our proprietary advanced recycling technology at Baytown, and now we're leveraging our scale and integration to increase production of certified circular plastics to meet growing demand,' said Karen McKee, president of ExxonMobil Product Solutions Company. 'There is substantial demand for recycled plastics, and advanced recycling can play an important role by breaking down plastics that could not be recycled in traditional, mechanical methods. We are collaborating with government, industry and communities to scale up the collection and sorting of plastic waste that will improve recycling rates and help our customers around the world meet their sustainability goals.'
>> Additional Reading: Technip Energies Awarded Contract for FEED of World's Largest Low-Carbon Hydrogen Project at ExxonMobil's Baytown, Texas Facility
Since the start of pilot operations at Baytown last year, ExxonMobil has recycled nearly 15 million pounds of plastic waste. The proprietary ExxtendTM technology enables the breakdown of plastic waste that would previously be destined for landfills – from synthetic athletic fields to bubble wrap and motor oil bottles.
The company helped form Cyclyx International LLC, a joint venture created to 8collect and sort large volumes of plastic waste* and is investing in a first-of-its-kind plastic waste processing facility in Houston to help supply ExxonMobil's Baytown advanced recycling facility.
To accelerate advanced recycling, ExxonMobil is a founding member of the Houston Recycling Collaboration, which brings government and industry together to increase access to recycling programs and expand infrastructure for mechanical and advanced recycling technologies.
ExxonMobil plans to build advanced recycling facilities at many of its other manufacturing sites around the world, which would give it the capacity to process up to 1 billion pounds of plastic waste annually by year-end 2026. The company is assessing facilities in Baton Rouge, Louisiana; Beaumont, Texas; and Joliet, Illinois; as well as at sites in Belgium, the Netherlands, Singapore and Canada.
ExxonMobil is also collaborating with third parties to assess the potential for large-scale implementation of advanced recycling technologies and opportunities to support improvements to plastic waste collection and sorting in Malaysia and Indonesia.
ExxonMobil has commercial contracts to sell certified circular plastics to customers around the world for use in food-safe plastic packaging, including collaborations with Sealed Air and Ahold Delhaize USA, Berry Global, and Amcor.
Advanced recycling is a proven technology that can help accelerate a circular economy and address the challenge of plastic waste. With effective government policies in place to modernize the recycling system and improve waste collection, more plastic materials can be collected, sorted and recycled, especially plastics that aren't easily recycled today.
>> In Company Spotlight: ExxonMobil
ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society's evolving needs.
The corporation's primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world.
In 2021, ExxonMobil announced Scope 1 and 2 greenhouse gas emission-reduction plans for 2030 for operated assets, compared to 2016 levels. The plans are to achieve a 20-30% reduction in corporate-wide greenhouse gas intensity; a 40-50% reduction in greenhouse gas intensity of upstream operations; a 70-80% reduction in corporate-wide methane intensity; and a 60-70% reduction in corporate-wide flaring intensity.
With advancements in technology and the support of clear and consistent government policies, ExxonMobil aims to achieve net-zero Scope 1 and 2 greenhouse gas emissions from its operated assets by 2050. To learn more, visit exxonmobil.com, the Energy Factor, and ExxonMobil's Advancing Climate Solutions.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌍 World Approves UN Rules for Carbon Trading Between Nations at COP29 🧪 Henkel and Celanese Collaborate to Offer Adhesives Made From Captured CO2 Emissions 🌊 New Protocol for Car...
Inside This Issue 🌬️ Return and Verified Announce First 100% Wind-Powered Direct Air Capture Hub, Designed To Scale to 500,000 Tons Annually 🌍 The Importance of Responsible Carbon Removal: Insight...
Inside This Issue 💰 OnStream Receives $26 Million in Federal Funding for Louisiana Offshore Carbon Storage Hub Development and Announces Joint Venture Partnership with Major Midstream Company 🌍 Ex...
Plug to Participate in the Jefferies Renewables & Clean Energy Conference 2024
SLINGERLANDS, N.Y., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced that it will be f...
ArcelorMittal Provides Update on Its European Decarbonization Plans
26 November 2024, 08:30 CET ArcelorMittal is today providing an update on its decarbonization plans in Europe. The Company has previously announced the intention to invest in lower carbon emissio...
LanzaTech Appoints TechnipFMC's Former Executive Chairman Thierry Pilenko to Board of Directors
Pilenko’s four decades of energy and infrastructure expertise adds operational leadership depth as LanzaTech continues global deployment and scaling of its carbon management solution CHICAGO, Nov....
Hydrogen: TotalEnergies Accelerates Decarbonization of its Platform at La Mède
TotalEnergies has joined forces with Air Liquide to produce renewable hydrogen at its La Mède platform in southeast France. This project aims to significantly reduce annual CO₂ emissions by 130,000...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.