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ExxonMobil tests advanced recycling of plastic waste at Baytown

February 26/2021

MOSCOW (MRC) -- ExxonMobil has completed the initial phase of a plant trial of an advanced recycling process for converting plastic waste into raw materials for production of polymers, said Chemweek.

ExxonMobil intends to use results from the trial, at existing facilities in Baytown, Texas, to scale-up advanced recycling capabilities at other global facilities, targeting a circular solution for converting difficult-to-recycle plastic waste into feedstock for virgin-quality plastic.

ExxonMobil also announced today that it has formed a joint venture with Agilyx's Cyclyx International business to develop solutions for aggregating and pre-processing large volumes of plastic waste that can be converted into feedstocks. ExxonMobil holds a 25% equity interest in Cyclyx with Agilyx owning the remaining 75%. Advanced recycling involves breaking down plastic waste to its molecular building blocks which are then used as raw material in the process of making virgin-quality plastic.

"This advanced recycling initiative brings together the strength of ExxonMobils integrated petrochemical facilities and our deep technology expertise in chemical processing to capture value from plastic waste and meet our customers growing demand for high-performance, certified circular polymers," said Karen McKee, president of ExxonMobil Chemical.

Pending successful completion of the next phase of the Baytown plant trial, ExxonMobil Chemical plans to market commercial volumes of certified circular plastics later this year. Cyclyx will help supply ExxonMobils advanced recycling projects and aims to do the same for other customers. This is a significant milestone for Agilyx and Cyclyx, as it marks the beginning of an entirely new approach to plastic waste recovery," said Tim Stedman, Agilyx CEO.

Cyclyx is seeking other companies to join as members, connecting waste producers with advanced and mechanical recyclers. Members could include retailers, brand owners, waste management companies, petrochemical companies, municipalities and others looking for solutions to address plastic waste in the environment.

As MRC informed before, earlier this week, ExxonMobil Corp said it will close its 72-year-old Altona refinery in Australia, the countrys smallest, and convert it to a fuel import terminal as refiners struggle with low demand.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,220,640 tonnes in 2020, up by 2% year on year. Only shipments of low density polyethylene (LDPE) and high density polyethylene (HDPE) increased.

ExxonMobil is the largest non-government owned company in the energy industry and produces about 3% of the world"s oil and about 2% of the world's energy.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, PP, PE, LDPE, HDPE, neftegaz, petrochemistry, Exxon Mobil, USA.
Category:General News
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