ExxonMobil plans to invest more than $200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas. The new operations are expected to start up in 2026 and can help increase advanced recycling rates and divert plastic from landfills. The company plans to build additional units to reach a global recycling capacity of 1 billion pounds per year by 2027. Click the link to learn more about the investment: https://lnkd.in/gNhcKRNb
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These units (and the ones at ExxonMobil Beaumont) will add 350M pounds per year of ExxonMobil Chemical advanced recycling capacity. That's brings us halfway towards our 2027 global advanced recycling capacity goal ?? 1B pounds per year. #XOM #circulareconomy #circularity