U.S. petrochemical manufacturers are at the forefront of research and development into cutting-edge solutions to give new life to used plastic products. Leveraging their in-depth understanding of plastics’ molecular composition and the manufacturing process itself, AFPM members are investing in recycling technology, infrastructure and partnerships that will reduce mismanaged plastic waste by applying unlocking its value as a feedstock.
COVID-19 upended energy markets. Demand disappeared and producers scaled back. Now that economies are reopening, and the demand for goods and services is rebounding, the demand for energy all along the supply chain is increasing, driving up not only the cost of the feedstocks and fuels refineries and petrochemical manufacturers use, but also the cost of the energy used at every step of the supply chain.
WASHINGTON, D.C. - This is a poorly devised bill that runs contrary to its purported purpose of improving the global environment. Banning the export of U.S. manufactured petrochemicals and polymers is shortsighted and will negatively impact global supply chains for essential materials and products.
WASHINGTON, D.C. – This decision by the Canadian government to designate plastic manufactured items as “toxic” is unwarranted and not based in science.
Given low domestic recycling rates for plastic, the efficacy of recycling is often called into question. But that doesn’t mean recycling doesn’t work. Advanced recycling technologies — as well as traditional mechanical recycling — play a pivotal role in addressing plastic waste and recovering the value in used plastics.
No single solution can solve the global challenge of plastic waste. First, we must recognize that there is immense value in plastics and the ability to reuse or recycle these products. From there, we need to get a recycling system that works.