Amcor partners ExxonMobil to boost recycled material target

AUSTRALIA – American-Australian global packaging company, Amcor has inked a five-year deal with ExxonMobil to purchase certified-circular polyethylene material in support of its target to achieve 30% recycled material across its portfolio by 2030.

Amcor says the volume of material will increase incrementally each year and is expected to reach 100,000 metric tonnes annually at the end of the contract period.

The company added that through ExxonMobil’s Exxtend technology for advanced recycling, it intends to leverage this material across its global portfolio, with a particular focus on the healthcare and food industries, which are required to meet stringent safety requirements for recycled plastic.

According to Amcor, the agreement will expand on its initial purchase of certified-circular PE material from ExxonMobil earlier this year.

Amcor says the certified-circular PE material will be sourced from ExxonMobil’s facility in Baytown, Texas, which, upon startup later this year, will be one of North America’s largest advanced plastic material recycling facilities, with a capacity to recycle 30,000 metric tons of plastic waste per year.

Earlier this year, Amcor launched a product rebrand including its new EcoGuard brand, which the company says makes it easier for customers to choose from several more sustainable solutions, including products that reduce the carbon footprint of packaging, are designed to be recycled and use recycled content or biomaterials.

The company is already delivering a variety of solutions containing recycled content to customers around the world, including Mondelez International, which has made the switch to 30 percent food-grade recycled packaging for its Cadbury Dairy Milk, Caramilk and Old Gold family blocks in Australia.

The firm says it has pledged to make all products recyclable, reusable or compostable by 2025, with 74 percent of total production by weight already designed to be recycled.

Ron Delia, Amcor’s CEO said: “We are committed to a future of more sustainable packaging and are excited to strengthen our ability to meet increasing customer demand for recycled content.”

Senior Vice President of Product Solutions at ExxonMobil Michael Zamora added: “Our expanded commitment will make our Exxtend technology for advanced recycling available to even more of Amcor’s customers across the globe and represents an important step towards reaching our shared goal of helping to increase the amount of plastic waste that’s recycled.”

For all the latest packaging and printing industry news from Africa and the World, subscribe to our NEWSLETTER, follow us on Twitter and LinkedIn, like us on Facebook, and subscribe to our YouTube channel.

Related posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.