$10 Billion Impact of plastic to Oil Industry

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WASHINGTON (March 20, 2019)—A report released today by the American Chemistry Council finds the potential economic impact of expanding advanced plastic recycling and recovery technologies in the United States to be nearly $10 billion. The report examines a burgeoning class of technologies that convert used plastics into a range of products and raw materials such as chemicals and chemical feedstocks for new plastics, lower carbon transportation fuels, and other petroleum-based commodities. By bringing used plastics back into the manufacturing system, these technologies are a key enabler in the drive toward a circular economy for plastics.
According to the report, “Economic Impact of Advanced Plastics Recycling and Recovery Facilities in the U.S.<http://link.americanchemistry.com/c/4/?T=NjQ1MDYzNDY%3AMDItYjE5MDc5LTllN2YzZGI0NGIyNjQ2NGI5NGZmMjVlMzliY2IwNGZl%3AcHJhcHRpX211aHVyaUBhbWVyaWNhbmNoZW1pc3RyeS5jb20%3AY29udGFjdC01YzU1ODc0NGMzMzRlNzExOTA0NjAwNTA1NjgxMzRjMC0yYjI4MDk0YzJjOTU0NjQzOWRhMmE5NjE0OWIwNGUwMw%3AZmFsc

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