November 22, 2024 17:20

ExxonMobil, the U.S.-based energy and chemical giant, will invest more than $200 million in chemical recycling at its Baytown and Beaumont facilities in Texas over the next few years.
The goal is to reach a processing capacity of 450,000 tons annually by 2027.
To achieve this, the company will build new units at its Texas sites with an additional capacity of 160,000 tons per year, bringing the total to nearly 230,000 tons annually.
Further projects are planned in Europe and Asia.

Currently, ExxonMobil operates a facility in Baytown that has recycled more than 30,000 tons of plastic waste through chemical recycling since its commissioning in 2022.

ExxonMobil is also part of the Cyclyx joint venture, established three years ago to improve the management of hard-to-recycle post-consumer waste. The initiative supports collection, sorting, storage, and pre-treatment processes, enabling recovery through chemical recycling.

The company uses its proprietary Exxtend advanced recycling technology, based on pyrolysis. The process converts plastic waste into oil that can replace fossil feedstocks for the production of virgin-quality plastics, lubricants, fuels, and other chemical specialties. The recycled feedstocks are attributed to final products via a certified mass balance system.

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