Related Articles
Forward article link
Share PDF with colleagues

Plastic recycling to hit oil producers

The rise of plastics recycling plants may stunt demand for oil

Reaction against the environmentally damaging effect of plastic packaging is fuelling the development of plants in Europe and elsewhere that can recycle it as liquid feedstock or fuel in a trend that is likely to reduce refineries' demand for oil. Many say the chemicals industry will have to undertake a fundamental shift towards recycling if it wants to prevent consumers rejecting plastics—and especially single-use packaging—in a widespread swing against harmful materials. Coincidentally, public consciousness of the dangers that packaging represents for marine life rose following the release of David Attenborough's Blue Planet II documentary. But further pressure is mounting from major bran

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
European chemicals sector rises to climate challenge
1 December 2021
Industry responds to EU’s ‘Fit for 55’ package with new business models and alliances with other sectors, says PwC’s global head of chemicals
Energy transitions for a sustainable future
1 December 2021
The challenge of meeting global energy demand while hitting net-zero targets will be at the core of this year’s World Petroleum Congress
Indian government seeks energy investors
1 December 2021
Delhi is looking to the Mideast for energy investment, oil ministry secretary Tarun Kapoor tells Petroleum Economist
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video