ACT Expo / ACT News’ Post

🔍Not enough consumers want to pay higher prices for recycled polymers, placing a low value on the hydrogen content – could fuel subsidies attract polymer waste? 🔍It seems counter-intuitive, but where recycling costs are very high, hydrogen as syngas may win, especially if it can attract fuel or power-related incentives. 🔍Participants should focus more on all mechanisms to avoid plastic waste and re-use in environmentally and economically optimal ways – more than just recycling. 🔍The green lobby wants plastics eliminated rather than recycled, making recycling incentives appear unlikely – we will likely see more consumer mandates to recycle. 🔍Otherwise, we look at more potential company failures and why Air Products strategy is less popular – we also critique the latest EIA forecast as misleading. Click the link below for the C-MACC #global #chemical update for November 10, 2023: https://hubs.li/Q028wWhc0 Companies mentioned in this report: Rethink Plastic Alliance Unifi Manufacturing, Inc. (makers of REPREVE® ) Air Products OMV Topsoe ExxonMobil Tallgrass Energy Linde Bloom Energy Interzero NIO BASF Borealis Today's Commodities: #RecycledPolymers, #RPET, #PlasticWaste, #Plastics, #Hydrogen, #Syngas, #CO2, #RenewableFuels, #SAF, #Ammonia, #RNG, #Methane, #Solar, #Hydro #chemicalindustry #plasticsindustry #chemical #petrochemicals #sustainability #esginvesting #energy #plasticsrecycling #materials #manufacturing

🆕📌| Great to see a traditional Oil & Gas operator, increasing their focus & investments on the development of their existing chemical assets. https://lnkd.in/efBudW7w #totalenergies #plastics #circularity #sustainability #sustainable #chemicalsindustry #chemicals #circulareconomy #circularsolutions #plastic #renewablechemicals #chemistry

Are you familiar with The Challenges of Petroleum-Based and Related Products? - The Petroleum Packaging Industry is unique from most other industries due to the complications caused by residual products (petroleum or related liquids) left in the packaging after use. - Disposal is predominantly “landfill only” across the US, and due to the absence of a dedicated collection and recycling system to separate it from other waste streams, it results in a “negative value” of the packaging materials at the end of life (use). - Because the petroleum packaging industry (including automotive, transportation, and other industrial applications) only constitutes a small fraction of all packaging waste across the US, there are minimal opportunities to benefit from broad, multi-industry investments and/or community-based solutions. - Key stakeholders in the petroleum-based and related products supply chain must be part of the solution to address the problem or run the risk of being perceived as contributing to it. - Taking action to develop solutions addressing petroleum-based and related products and materials is becoming necessary for companies to avoid public scrutiny and maintain reputational value, which can be critical to maintaining shareholder confidence and customers’ expectations for more sustainable products. Addressing a complex challenge such as this requires Collective Action. Cost-effective solutions require collaboration with multiple stakeholders (including competitors) upstream and downstream of the petroleum and related products value chain. Learn more about the NLCRC and how we are accelerating the achievement of packaging recycling solutions for our Industry that drive circularity. https://bit.ly/3NG9qPQ #petroleumpackaging #circulareconomy #packaging #recycling #EPR #sustainability #petroleum #packagingEPR #CA #CO #OR #WA #Maine #extendedproducerresponsibility

Weekly #Sustainability & #EnergyTransition Report 184: Optimizing The Value in Waste Plastic – Is It to Make More Plastic? | https://hubs.li/Q02BSc350 🔍 1st Topic of the Week: The drive for #plasticsrecycling is too prescriptive and will likely drive too much expense for products that may also not have the best #carbonfootprints. Recycle mandates, especially in Europe, could drive severe spikes in pricing when supply runs short, which seems likely given limited incentives to invest today. 🔍 2nd Topic of the Week: Mandates run the second risk that they can be repealed if the political will to enforce them is not there, and the recent results in Europe suggest eventual change – perhaps not from #sustainability goals but from the ideology that is driving costs higher than they need to be. 🔍 Otherwise: We look at why #offshore wind may be good for consumers but not industry, and we compare very different sustainability messages from #OMV and #Westlake this week. Products Mentioned: #HDPE, #PE, #PP, #PET, #PS, #PET, #PVC, #Ethanol, #Hydrogen, #Syngas Companies Mentioned: OMV Petrom Westlake Air Products Dow LyondellBasell Borealis Indorama Corporation TotalEnergies Braskem SABIC NOVA Chemicals ExxonMobil LG Chem Shell Mitsubishi Chemical America The Coca-Cola Company Eastman Issaquena Green Power Subjects Covered: #ESG #Recycling, #Renewables, #CarbonCapture, #Emissions, #NewEnergy, #HydrogenEconomy, #ESGInvesting, #ClimateLitigation, #CleanFuels

The petroleum packaging industry is unique from most other industries. How so? - Due to the residual product left after use, disposal is predominantly landfill. - In the US, petroleum packaging, generally cannot be collected via typical curbside collection. - The absence of a dedicated collection and recycling system to separate it from other waste streams results in the packaging materials having negative value after use. -The petroleum packaging industry only constitutes a small fraction of all packaging waste across the US; as such, there are minimal opportunities to benefit from broad, multi-industry investments and community-based solutions. 🤔 What is the solution? The NLCRC is taking action to develop solutions for the recovery and recycling of petroleum-based and related products and materials. We are Bringing Value to Brand Owners. Learn how: https://bit.ly/3Tbbu5D #petroleumpackaging #circulareconomy #packaging #recycling #EPR #sustainability #petroleum #packagingEPR #eprlegislation #EPRlaws #CA #CO #OR #WA #Maine #extendedproducerresponsibility

It’s not just the polymers themselves that can be damaging to the environment, it’s the process. That’s why initiatives such as this one from TotalEnergies is a step in the right direction. They’re taking the waste materials from polymer production and turning that into polymers too. Hopefully this is the start of an overhaul of the polymer production process to make every step more environmentally friendly. Read more here: https://lnkd.in/g7eFw7xv #B2BPolymers #PolymerRecycling #Polymers

The project aims to pave the way for the creation of a domestic value chain for the advanced #recycling of #plastics to #circularpolymers in #SaudiArabia - aramco TotalEnergies SABIC - #MENA #circulareconomy #plasticwaste #oil #sustainability #sustainabilitymiddleeast #sme

🌟 Petrogenium visited the Plastics Recyclers Europe Recycling Show Europe last week (19 June) right here in Amsterdam. Exciting talks from Neste and Axens shed light on developments in mixed plastics and waste recycling. 🔄 We also had the chance to connect with people at various stands. 🔍 A lot of focus and commitment on the chemical recycling of contaminated waste streams that are often not suitable for mechanical recycling. Processes like pyrolysis can afford recycled oils that can be used in stream crackers to produce new feedstocks for polymers. However pyrolysis, just like gasification and hydrothermal liquefaction of wastes, are never quite as easy or straightforward in practice. Chemical waste recycling often has technical challenges such as fouling, plugging, achieving stable and continuous process conditions and more. 🔬 Petrogenium can assist in debottlenecking a process and increasing unit availability by technology and engineering reviews of existing processes with tangible, actionable recommendations on process improvements. For more information, reach out to our Practice Lead for Renewable Resources, Colin Schaverien 📧 or visit our website: https://lnkd.in/dk5rMM8e to discover all our services. #ExperienceMatters #Renewables #PRSE2024 #PRAE2024 #PlasticsRecycling #CircularPlastics #RecycledPlastics

Introducing the Carbon Avoidance Calculator For E-Waste Processors. Today, OEMs want to know which suppliers they can rely on to help them meet their own sustainability targets. The e-waste sector provides a critical solution for OEMs seeking to meet their Scope 3 emission reduction targets. E-waste businesses have a story to tell: how their recycling and reuse services support OEMs in their sustainability journey and reduce the need for more virgin minerals. The Avoided Emissions Calculator enables e-waste businesses to share the impact they create with real, verifiable data for every customer order (down to the individual asset) that they process. The calculation engine is mapped to your businesses operations (not generic values) and covers more than 30+ commodities. And our calculation methodology has been independently approved by so your most important clients can rely on your results. ESG offers forward thinking companies a real commercial advantage to differentiate themselves and attract new commercial opportunities with OEMs. To learn more about avoided emissions and see a demo get in touch now. Bloom ESG eScrap Inc #avoidedemissions #ewaste #circulareconomy Morningstar Sustainalytics