We believe advanced recycling is a necessary complement to mechanical recycling to help meet the growing demand for circular products. Simply put, advanced recycling:
- Converts difficult-to-recycle plastics back into virgin quality raw materials that can be used to make new products
- Enables a broader range of plastics to be recycled
As of December 2022, we have processed nearly 15 million pounds of plastic waste at our Baytown Complex. We recently started up a large-scale advanced recycling facility at the site – one of the largest advanced recycling facilities in North America, capable of processing more than 80 million pounds of plastic waste per year.
Beyond Baytown, we plan to expand annual advanced recycling capacity to 1 billion pounds by year-end 2026 across multiple sites globally.
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.