Exxon Mobil Invests $200 Million in Texas Plastic Recycling Expansion Amid Legal Scrutiny

Reported about 19 hours ago

Exxon Mobil Corporation is allocating $200 million to expand its plastic recycling operations in Texas, aiming to replace fossil fuels with recycled materials despite facing a lawsuit in California for its role in plastic waste pollution. The company plans to enhance its capacity to process 1 billion pounds of waste annually by 2027 using its Exxtend technology. This initiative comes as concerns over environmental impact from plastic waste grow, even as Exxon denies allegations regarding misleading the public on recycling.

Source: YAHOO

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