- Baytown facility can process more than 80 million pounds per
year of plastic waste
- Certified circular products meet demand for more sustainable
materials, diverting plastic waste from landfills
- Planning additional global capacity to recycle 1 billion pounds
annually of used plastics by year-end 2026
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.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20221214005206/en/
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. (Photo: Business Wire)
“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.”
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 collect 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.
About 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 us on Twitter and LinkedIn.
Cautionary Statement
Statements of future events, investments, conditions, strategic
and operating plans and objectives, the development of
technologies, and other statements of future ambitions in this
release are forward-looking statements.
Actual future results, including business and project plans,
operating performance, partner participation, timing, capacities,
and costs could differ materially due to a number of factors. These
include the ability to execute operational objectives on a timely
and successful basis; timely completion of construction projects;
unforeseen technical or operational difficulties; unplanned
maintenance; global or regional changes in the supply and demand
for post-use plastics; unexpected technological developments; the
ability to scale different technologies on a cost-competitive
basis; the outcome of future commercial negotiations; actions of
competitors and commercial counterparties; government policies; and
other market factors.
Any forward-looking statement speaks only as of the date of this
press release and the companies named herein disclaim any
obligation to update any forward-looking statement.
Exxon Mobil Corporation has numerous affiliates, many with names
that include ExxonMobil, Exxon, Mobil, Esso, and XTO. For
convenience and simplicity, those terms and terms such as
corporation, company, our, we, and its are sometimes used as
abbreviated references to specific affiliates or affiliate groups.
Abbreviated references describing global or regional operational
organizations, and global or regional business lines are also
sometimes used for convenience and simplicity. Nothing contained
herein is intended to override the corporate separateness of
affiliated companies.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221214005206/en/
Media Relations 972-940-6007
Exxon Mobil (NYSE:XOM)
Gráfico Histórico do Ativo
De Dez 2024 até Jan 2025
Exxon Mobil (NYSE:XOM)
Gráfico Histórico do Ativo
De Jan 2024 até Jan 2025