Plastics are vital to addressing society’s largest challenges, including improving medical outcomes, access to fresh and healthy foods, hygiene and sanitation, modern communication, transportation systems, infrastructure, and employment. Unfortunately, plastic waste is entering the environment at alarming rates due to poor global waste management. Refiners and petrochemical manufacturers are seeking ways to develop more sustainable operations including ways to eliminate plastic waste in the environment and develop a truly circular economy for plastics. As society strives to create a more circular world, new and evolving technologies are being developed to achieve this systemic transition to a circular economy. This panel will explore the current state of advanced recycling and recovery and examine the growing global demand for more recycled products. This panel will also identify opportunities for the refining and petrochemical sector to utilize advanced recycling as a leading technology solution that can successfully help to address plastic waste and circularity challenges.
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