Narratives that pit the refining and petrochemical industries against electric vehicles (EVs) ignore the symbiotic relationship of these industries. If you review the history of EVs – you will see that refining and petrochemical companies have been foundational to the EV market all along and will continue to be far into the future.
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.
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) Vice President of Petrochemicals and Midstream Rob Benedict issued the following statement at the conclusion of the United Nations’ Intergovernmental Negotiating Committee (INC- 5.2) where a global agreement to end plastic pollution was not reached, though participating nations have agreed to continue the process.
