Plastic production is on track to triple by 2060, while the amount of waste that's being dumped in the environment continues to soar. Oil and gas companies see the petrochemical sector ...

Plastic Waste Pyrolysis Oil Market size is expected to cross a valuation of USD 1 billion by 2032, according to the latest research report by Global Market Insights Inc. The increasing concerns ...

Accordingly, plastic waste is on track to triple by 2060 ... with petroleum solidification in storage tanks. Noda hopes plastic-to-oil conversion will fill a gap in the recycling landscape ...

The vessel was carrying billions of tiny plastic pellets called ... the director of research at think tank Planet Tracker, which has criticized AEPW. “The big oil and chemical companies are ...

But deep divisions remained between a group of nearly 100 "high ambition" countries calling for plastic to be phased out and oil-producing ... try and reduce plastic waste by increasing efforts ...

Nevertheless, the new technology is being hailed by the plastics industry as a solution to an exploding global waste ... as oil and gas companies that produce the building blocks of plastic ...

Oil and chemical companies who created a high-profile alliance to end plastic pollution have produced 1,000 times more new plastic in five years than the waste they diverted from the environment ...

The COVID-19 pandemic has led to a sharp increase in household plastic waste worldwide ... of large volumes of waste plastics while producing high-quality pyrolysis oil." More information ...

Waste is heated until it turns into oil. Part of that oil is composed of a liquid called naphtha, which is essential for making plastic. There are two ingredients in the naphtha that recyclers ...