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Plastic Waste crisis

Plastic Waste crisis

Twenty companies are responsible for producing more than half of all the single-use plastic waste in the world, fueling the climate crisis and creating an environmental catastrophe, new research reveals.

The top 20 producers of single use plastic

1.     ExxonMobil contributes 5.9% of total single use plastic waste

2.     Dow 5.6%

3.     Sinopec 5.3%

4.     Indorama Ventures 4.6%

5.     Saudi Aramco 4.3%

6.     PetroChina 4%

7.     LyondellBasell 3.9%

8.     Reliance Industries 3.1%

9.     Braskem 3%

10. Alpek SA de CV 2.3%

11. Borealis 2.2%

12. Lotte Chemical 2.1%

13. Ineos 2%

14. Total 1.9%

15. Jiangsu Hailun Petrochemical 1.6%

16. Far Eastern New Century 1.6%

17. Formosa Plastics Corporation 1.6%

18. China Energy Investment Group 1.5%

19. PTT 1.5%

20. China Resources 1.3%

 

The Plastic Waste Makers index reveals for the first time the companies who produce the polymers that become throwaway plastic items, from face masks to plastic bags and bottles, which at the end of their short life pollute the oceans or are burned or thrown into landfill.

 


It reveals that Australia leads a list of countries for generating the most single-use plastic waste on a per capita basis, ahead of the United States, South Korea and Britain.

Since most plastic is made from oil and gas – especially fracked gas – the production and consumption of plastic are becoming a significant driver of the climate crisis. Moreover, the plastic waste that results – particularly from single-use plastics – is piling up in landfills, along roadsides, and in rivers that carry vast amounts into the ocean. In the next five years, global capacity to produce virgin polymers for single-use plastics could grow by more than 30%.

By 2050 plastic is expected to account for 5%-10% of greenhouse gas emissions.

Source: The Guardian

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